The launching congress of the Vietnam Association of Certified Public Accountants (VACPA) was held on 15 April 2005 in Hanoi where the Association’s Charter and mission were approved and the Executive Board for the 1st term (2005-2008) was elected which comprised the Association’s senior management, representatives of the state bodies and members who are leaders of the audit firms operating in Vietnam. VACPA’s operations officially commenced from 1st January 2006 with 2 offices in Hanoi and Ho Chi Minh city. The motto of “VACPA – Independence – Integrity – Transparency” has been the guideline for all of its operations