KPMG intern's Vietnam adventures

Lucntimes were a chance for Karlos to try some of Hanoi's amazing cuisine and to get to know his colleagues

When I first heard about the opportunity to intern in Vietnam through the Asia New Zealand Foundation, I was immediately interested. As a finance student, I was eager to apply my academic knowledge in a real-world setting, and the idea of working in an international environment fascinated me.

I saw this internship as a chance to gain practical experience, expand my professional network, and challenge myself in a new cultural and business environment. Vietnam’s fast-growing economy and its role as a hub for international business made it the perfect place to learn.

I was placed in the Valuations Team at KPMG Vietnam, one of the country’s leading professional services firms. My role involved conducting financial modelling, analysing comparable companies, calculating WACC, and drafting valuation reports for clients.

It was an intense but rewarding experience.

Unlike university assignments, where the focus is often theoretical, this internship exposed me to the real-world application of financial concepts. I saw firsthand how valuation models influence business decisions and how financial analysts assess risk and investment opportunities.

Karlos says the friendships he made with colleagues and fellow interns was one of the most rewarding aspects of his time in Vietnam

One of the most exciting projects I worked on involved screening comparable companies and assisting in valuation models for a client. It was challenging, but being trusted with such meaningful tasks made me feel like I was truly contributing to the team. My work required attention to detail, critical thinking, and problem-solving skills—all of which I strengthened during my time at KPMG.

KPMG Vietnam had a structured workplace culture with a clear hierarchy, which was different from what I was used to in New Zealand. However, I quickly adapted and came to appreciate how well-organised and efficient this system was.

My colleagues were supportive, always willing to answer questions, and eager to share their insights on financial markets in Vietnam.

Karlos (at the Cu Chi Tunnels): "Throughout the internship, our co-workers encouraged us to make the most of our time in Vietnam by exploring the country on weekends."

Before arriving in Ho Chi Minh City, I had an idea of what to expect, but experiencing it firsthand was something else entirely.The energy, the people, the endless motorbikes weaving through the streets—it was exhilarating!

Vietnam’s workplace culture was more formal and hierarchical than in New Zealand, and I had to adapt to the expectations and professional etiquette. However, despite this formality, my colleagues were welcoming. They took the time to explain concepts and introduce me to the best local food spots.

Outside of work, I made the most of my time in Vietnam—exploring the Cu Chi tunnels, visiting historical sites, and trying as much Vietnamese food as possible. Over time, my initial excitement evolved into a deep appreciation for the country’s history, culture, and rapid development.

One of the biggest takeaways from my internship was realising just how valuable cultural adaptability is in today’s business world.

Vietnam, like many other Asian countries, has a distinct way of doing business—relationships and hierarchy play a significant role in decision-making. Learning how to navigate these cultural differences helped me become more effective in a professional setting.

I believe that having experience working in Asia will be a huge asset in my future career, whether I work directly in the region or collaborate with Asian businesses from New Zealand.

Exploring Northern Vietnam provided an opportunity for Karlos to see a different side of the country, its people and culture

Through this internship, I developed a stronger appreciation for Asia’s role in global finance. As New Zealand’s ties with Asia continue to grow, I see this experience as an advantage in international business relationships.

This internship pushed me out of my comfort zone, strengthened my technical finance skills, and gave me firsthand experience in an international business setting. I gained valuable professional insights, built lasting connections, and developed a greater appreciation for Asia’s business culture.

For anyone considering applying, my advice is simple: go for it, be adaptable, and make the most of every opportunity. Step outside of your usual routines, ask questions, and take the time to experience the culture beyond just the workplace. Vietnam is a place of opportunity, growth, and innovation, and I am incredibly grateful to have been a part of it.

The Foundation's business programme supports New Zealand companies to better understand Asia so they can make the most of opportunities in the region. It also supports to grow the next generation of Asia-savvy business leaders.

Our internship programme helps interns build a better understanding of the people, place and culture of their Asian host country, while developing industry-specific skills that will benefit them as they progress in their careers.