Ascentium launches Vietnam platform after Dezan Shira deal
HO CHI MINH, VIETNAM — Global business services firm Ascentium has completed its acquisition of Asia-focused advisory firm Dezan Shira & Associates and merged its Vietnam operations with InCorp Vietnam under a single brand, Ascentium Vietnam — a deal that creates one of the largest non-audit corporate services firms in the country at a moment when foreign investors are pouring capital into Southeast Asia’s fastest-growing manufacturing base.
According to a report from Vietnam Briefing, the combined firm employs nearly 150 professionals across Ho Chi Minh City, Hanoi and Danang, and now operates as part of a 27-market global platform with newly added locations including Mongolia, Poland, Germany and Italy.
A bigger bet on Vietnam’s foreign investment surge
Ascentium Vietnam will deliver seven integrated services covering business intelligence, market entry, accounting, tax, payroll compliance and advisory, HR consulting and recruitment, and technology and ERP advisory.
The expanded footprint gives United States companies a single point of entry into a market drawing rising foreign direct investment as global supply chains shift away from China.
The timing aligns with Vietnam’s five-year economic plan starting in 2026, which is expected to accelerate manufacturing, infrastructure and consumer-sector investment.
For American businesses weighing a Vietnam strategy, the deal consolidates fragmented advisory work — incorporation, tax structuring, business process outsourcing (BPO) and HR — under one provider.
“This milestone affirms our commitment to Vietnam as a strategic market while creating a single, connected platform that combines global expertise with unmatched local insight,” said Lennard Yong, founding management and group CEO of Ascentium.
“Our goal is to help investors not only enter Vietnam but thrive here for the long term,” Yong added.
Combining advisory depth with execution capacity
The integration pairs InCorp Vietnam’s operational strengths in incorporation, accounting, payroll, compliance and BPO with Dezan Shira’s advisory work in regulatory analysis, investment structuring, international tax and transfer pricing, and fraud prevention.
The combined firm is also entering business intelligence for the first time, helping investors evaluate suppliers, operating models and regulatory risks before committing capital.
Technology and ERP advisory have been expanded as well, with the firm now helping clients localize global ERP systems and roll out AI-enabled solutions for compliance and operational control.
“Bringing our Vietnamese teams together establishes one of the country’s leading corporate service providers at a time when the global landscape is becoming increasingly multipolar, and new markets are rising in strategic importance,” said Alberto Vettoretti, managing partner of Dezan Shira & Associates.
The deal reflects a broader consolidation trend across Asia’s outsourcing and corporate services market, where mid-market providers are merging to offer end-to-end execution.
For U.S. firms, that consolidation reduces vendor sprawl and shortens the path from market entry to full operations — a competitive edge as supply-chain diversification reshapes Asia investment strategies.
