Many large investment projects to be audited in 2019
The State Audit Office of Vietnam (SAV) announced on November 29 that it will carry out 190 audits next year, many of which are on major investment projects of public concern.
The Ninh Binh fertiliser plant is among the big investment projects to be audited in 2019 (Photo: VNA)Hanoi (VNA) – The State Audit Office of Vietnam (SAV) announced on November 29 that it will carry out 190 audits next year, many of which are on major investment projects of public concern.
These are among the 43 investment programmes and projects subject to inspection next year. They include the Binh Phuoc ethanol factory, the Ninh Binh fertiliser plant, the Hai Phong international gateway port, the Quang Ninh airport, the urban transport development project in Hai Phong city, the Song Bung 2 hydropower plant, and the Thai Binh 1 thermal power plant.
In terms of State-owned enterprises and finance-banking institutions, the SAV will audit three firms under the Ministry of Defence and the Ministry of Public Security, the State Bank of Vietnam, 21 State-owned groups and corporations, and five banks and financial-credit organisations.
Fifty-nine audits will be conducted in the field of State budget, the SAV said, elaborating that it will examine the reports on the State budget’s final accounts in 2018 by the Ministry of Finance and the Ministry of Planning and Investment, the management and use of public finance and assets in 2018 at 13 ministries and sectors, and the local budgets of 45 provinces and centrally-run cities this year.
The SAV will also inspect the implementation of Resolution No.42/2017/QH14, issued by the 14th National Assembly last year, on the pilot settlement of bad debts at credit organisations.
Additionally, many specialised audits are set to be carried out next year, including those on the management of export and import tariff collection, the national target programme on sustainable poverty reduction in the 2016-2020 period, and the implementation of financial autonomy at State-owned hospitals and universities.
Some agencies and businesses under the Ministry of Defence and the Ministry of Public Security are also subject to audits in 2019. –VNA
You should also see
PM hosts Chairman of Russian Federal Bar Association
Prime Minister Pham Minh Chinh spoke highly of cooperation between the Russian Federal Bar Association (RFBA) and the Vietnam Lawyers’ Association (VLA) while receiving RFBA Chairman Sergey Stepashin, who is also former Prime Minister of Russia, in Hanoi on April 23.
See more
Business
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
