Finding a NetSuite Partner in Vietnam: Localization Packages for Your ERP Project
Rolling out Oracle NetSuite across multiple countries is a complex journey. While the system provides a unified platform for financials, operations, and compliance, each market comes with its own legal and operational realities. Vietnam is no exception.
Foreign-invested enterprises (FDIs) expanding into Vietnam quickly realize that global templates for ERP are not enough. Vietnam’s accounting regulations (VAS, Circular 200), mandatory e-invoicing, and language barriers require special handling. Without the right approach, companies risk non-compliance, poor user adoption, and delayed go-lives.
For a broader perspective on why localization is crucial in Vietnam, read this guide.
This is where a local NetSuite Partner in Vietnam becomes invaluable. They deliver work packages that bridge the gap between global systems and Vietnam’s unique requirements.
Work Package 1: Localized User Training in Vietnamese
ERP systems succeed or fail based on user adoption. In Vietnam, training in English alone does not work – especially for accountants and operational staff. Localized user training ensures that the workforce can use NetSuite effectively from day one.
| Service Package | Deliverables | Timeline | Partner Selection Criteria |
|---|---|---|---|
| Localized User Training in Vietnamese | – End-user training sessions conducted in Vietnamese – User manuals and quick guides translated into Vietnamese – Role-based workshops (Finance, Sales, Warehouse) – Post-go-live support hotline in Vietnamese | 2-6 weeks (depending on user groups) | – Trainers fluent in English & Vietnamese – Experience training FDI subsidiaries – Capability to design role-based case studies with actual company data |
Work Package 2: Oracle NetSuite Financial Localization (VAS, Circular 200, Fixed Assets & Tax)
NetSuite’s global setup cannot generate statutory reports in compliance with Vietnam Accounting Standards (VAS) and Circular 200. It also does not fully address fixed asset depreciation rules, tax reporting (VAT, CIT, PIT), or statutory adjustments. Without localization, your Vietnamese entity risks audit issues and fines.
For a detailed guide on how NetSuite can be localized for Vietnam, read more here.
See how S4 Consulting signed a contract with TCL Logistics to deliver a NetSuite Financial Localization package in Vietnam.
| Service Package | Deliverables | Timeline | Partner Selection Criteria |
|---|---|---|---|
| Accounting Localization (VAS + Circular 200 + Fixed Assets + Tax) | – Localized Chart of Accounts mapped to VAS – Statutory reports (Balance Sheet, P&L, Cash Flow) in VAS format – Templates for journal entries per Circular 200 – Dual reporting (IFRS + VAS) – Fixed asset categories & depreciation methods compliant with local law – VAT, CIT, and PIT reporting templates | 6–10 weeks | – Partner with certified accountants (ACCA, CPA, or equivalent) – Proven history of VAS/IFRS dual-reporting projects – Knowledge of tax rules and asset management regulations – Ability to work directly with local auditors for validation |
Work Package 3: Oracle NetSuite and E-Invoice Integration
Since July 2022, all businesses in Vietnam must issue electronic invoices (e-invoices) that connect to the General Department of Taxation (GDT). Global NetSuite instances do not include this by default.
| Service Package | Deliverables | Timeline | Partner Selection Criteria |
|---|---|---|---|
| E-Invoice Integration | – API integration with licensed e-invoice providers – Automated issuance, cancellation, and adjustment workflows – Real-time transmission to tax authority – Compliant e-archive of invoices | 4–6 weeks | – Familiarity with GDT regulations – Existing templates for leading providers (MISA, Viettel, VNPT) – Ability to maintain compliance as regulations evolve |
Why You Need a Local NetSuite Partner in Vietnam
When selecting a partner, multinational companies should evaluate beyond technical capability. A reliable partner should demonstrate:
- Bilingual expertise – consultants fluent in English and Vietnamese.
- Financial credibility – deep knowledge of both IFRS and VAS.
- Proven local projects – references from other FDI rollouts.
- Compliance readiness – up-to-date with e-invoice, tax, and accounting regulations.
- Post-go-live support – ability to support in the local timezone and language.
For a broader discussion on choosing the right partner, see this article on key considerations for success.
Conclusion
A global ERP rollout is never “plug and play.” In Vietnam, it is even more complex due to statutory, tax, and language requirements. To succeed, multinational companies should plan for the following three essential work packages with their local NetSuite partner:
- Localized user training in Vietnamese
- Accounting localization (VAS, Circular 200, Fixed Assets & Tax) → learn more here
- E-invoice integration
Each package has specific deliverables, realistic timelines, and partner selection criteria that ensure success. With the right partner, your rollout in Vietnam will be smooth, compliant, and aligned with your global strategy.
Contact S4 Consulting today to learn how we can help your Vietnam subsidiary adopt NetSuite effectively.
Case in point: S4 Consulting recently partnered with LifeWear Technology to implement Oracle NetSuite at their Thanh Hoa factory.
