National Assembly Chairman Nguyen Phu Trong underscored the increasingly important role of the state audit in examining and monitoring the management and use of public capital to serve socio-economic development.

The Vietnamese official made the remarks to the chiefs of delegations to the 42 nd meeting of the Executive Board of the Asian Organisation of Supreme Auditing Institutions (ASOSAI) in Hanoi on August 4.

He spoke highly of the outcomes of the 42 nd meeting, naming the adoption of the 2011-2015 strategic plan for ASOSAI, initiatives and solutions to gradually narrow the professional gap and increased coordination among regional auditing agencies and with their counterparts in other regions.

The NA Chairman raised the fact that the State Audit of Vietnam was still a fledgling agency and needed to strengthen ties with other counterparts around the world to learn from their profession and experiences in order to improve the professional skills of its staff.

He asked ASOSAI members to continue supporting the State Audit of Vietnam to integrate into the regional audit, accomplish its role in ASOSAI’s Executive Board and host the ASOSAI General Assembly in 2015.

ASOSAI President Tanwir Ali Agha, who is General Auditor of Pakistan , said he was impressed with Vietnam ’s recent economic growth and State Audit of Vietnam’s competent preparations for ASOSAI’s 42 nd meeting.

He highly valued the Vietnamese State Audit’s contributions to cooperative activities in the field in Asia as a member of ASOSAI Executive Board.

According to Tanwir Ali Agha, ASOSAI was established in 1979 with seven members.

Now with 40 members, the organisation is embarking on its mutual goal of promoting mutual understanding and cooperation among its members, boosting the training and improvement of auditing for state auditors, providing transparent financial information and helping parliaments monitor the management and use of public financial resources./.