A seminar to strengthen capacity in planning and managing reforms in Vietnam’s audit sector took place in the capital city of Hanoi on December 16.

The conference was jointly held by the State Audit Office (SAO) of Vietnam and the UK Department for International Development (DFID).

At the conference, Deputy State Auditor General Le Minh Khai stressed that the reforms are part of a strategy to develop Vietnam ’s state audit sector by 2020. He said SAO had worked with DFID and the UK State Audit Office to prepare a detailed action plan to implement the strategy. The strategy–which takes into account the legal status, human resources, facilities and other working conditions–will help the auditing department perform well, Khai affirmed.

By 2020, SAO will have secured audit capacity equal to the regional level, the official added.

SAO conducted financial audits of 133 major State-owned enterprises during 2006-08 and unearthed nearly 6.6 trillion VND (365 million USD) in misappropriated State subsidies or wrongful expenditures./.