State Audit to intensify operation in 2011

The State Audit is to conduct 151 checks in 2011, representing a year-on-year increase of 15.2 percent.

The State Audit is to conduct 151 checks in 2011, representing a year-on-year increase of 15.2 percent.


The audit agency said it will keep close eyes on all fields, ranging from State budget spending to accounts of State-owned enterprises and financial-banking institutions.

In regard to State budget spending, the agency will audit the 2010 State budget balance report and State budget allocations, accounts and assets of 20 ministries, central-level agencies and 34 provinces and cities.

As many as 27 economic groups, corporations and commercial banks in the state economic sector will be target of auditing in 2011. They include the Vietnam Shipbuilding Industry Group (VINASHIN) the Electricity of Vietnam , the Housing and Urban Development Group (HUD) and Vietcombank.

The State Audit will also examine the oil and gas joint venture Vietsovpetro and the Rusvietsovpetro joint-stock company under an agreement with the Russian State Audit.

In addition, it will audit reports on investment balances of 39 construction projects such as the Dung Quat oil refinery No.1 and the Thu Thiem bridge and eight target programmes and national projects.

The State Audit will also check investment projects in military-run enterprises as well as 2010 State budget balances, accounts and property in the security, national defence and Party agencies./.

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