Vietnam attends 16th ASOSAI Assembly in India

A delegation of the State Audit Office of Vietnam led by Deputy Auditor General Bui Quoc Dung is taking part in the 16th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI), which opened in New Delhi on September 24.

The delegation of the State Audit Office of Vietnam at the 16th ASOSAI Assembly in India (Photo: VNA)
The delegation of the State Audit Office of Vietnam at the 16th ASOSAI Assembly in India (Photo: VNA)

New Delhi (VNA) – A delegation of the State Audit Office of Vietnam led by Deputy Auditor General Bui Quoc Dung is taking part in the 16th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI), which opened in New Delhi on September 24.

The opening session saw the presence of Indian President Droupadi Murmu, high-ranking officials of the host country, and more than 200 international delegates representing 44 ASOSAI members along with international and observer organisations.

Indian President Droupadi Murmu said the duties of public-sector auditing has been expanded beyond those of traditional auditing to include assessing the effectiveness of public welfare programmes and projects to ensure all people are served equitably. In an increasingly technology-driven world, more and more public services are supplied through technology, so auditing needs to keep up with technological development so as to effectively perform its function of monitoring.

Besides, as the financial world often faces unclear accounting activities, the role of independent SAIs is to ensure public resources are managed efficiently and has maximum integrity, she said, adding that auditing and assessment by SAIs not only protect public funds but also enhance public trust in governance.

For his part, Indian Comptroller and Audit General Girish Chandra Murmu appealed to SAIs to focus on complying with the International Standards of Supreme Audit Institutions (ISSAI) and capitalising on technology to optimise auditing, helping SAIs not only cope with current challenges but also resolve future uncertainties.

Following the opening, the 16th ASOSAI Assembly convened the first plenary session to discuss important issues, including the ASOSAI strategic plan, the implementation of the Bangkok Declaration, and the report of the ASOSAI working groups on auditing the environment, the Sustainable Development Goals, and crisis management.

At the plenum, the State Audit Office of Thailand, which chaired ASOSAI in the 2021 - 2024 tenure, handed over the chairmanship for 2024 - 2027 to the Supreme Audit Institution of India./.

VNA

See more

At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)

Vietnam, Poland discuss major measures to beef up economic ties

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.

Executive President of the China - ASEAN Business Council (CABC) Xu Ningning. (Photo: VNA)

Broader space for Vietnam - China cooperation: Chinese expert

By working together on new challenges and business opportunities, the prospects for cooperation between China and Vietnam will be even broader, and there will certainly be more space for development, said Executive President of the China - ASEAN Business Council (CABC) Xu Ningning.

Illustrative image (Photo: VNA)

Vietnam, Algeria forge stronger economic bonds

The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.

Swiss-Viet Economic Forum members (Photo: VNA)

Swiss-Viet Economic Forum helps boost bilateral collaboration

The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.

Workers at a Taiwanese company in An Duong industrial part, Hai Phong city. (Photo: VNA)

Hai Phong, Quang Ninh attract 7.82 billion USD in FDI in 2024

With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.