Vietnamplus

The Ministry Open Budget Index (MOBI) in 2021 grew by 9.26 points to 30.9 out of 100 points.

With 66.63 points, the Ministry of Finance tops the 2020 Ministry Open Budget Index (MOBI), followed by the Ministry of Justice with 48.41 points.

The 2020 Provincial Open Budget Index (POBI) has the average score of 69.09 out of 100 points, up 3.54 points from the previous year, with the Mekong Delta province of Vinh Long topping the rankings.

The Vietnam Institute for Economic and Policy Research and the Centre for Development and Integration on July 8 released the 2019 Provincial Open Budget Index (POBI), which assesses how transparently localities spent their allocated public funds last year.

The transparency of State budget, especially budget allocation and use, will help the public monitor the use of their tax payments more reasonably and effectively. ​

Vietnam’s Open Budget Index (OBI) increased rapidly in 2019 compared to 2018, according to a survey released on July 1.

Vietnam is sparing no efforts to implement tax reform measures along with the application of information technology in tax administration to disclose budget information, according to the Vietnam Annual Economic Report 2020 launched at a conference in Hanoi on June 17.

Local governments have become more transparent with how they spend public money, but more needs to be done, according to a report.

The Open Budget Index, which measures the budget transparency of 115 central governments, revealed that Thailand had improved since 2015, when the country earned a score of 42 and a rank of 65.

The International Budget Partnership’s survey on the Open Budget Index 2015 revealed that Vietnam has seen significant changes in publicising the country’s coffers.

Vietnam’s Open Budget Index (OBI) has not been substantially improved but is ready to be changed, Joel Friedman, a senior fellow at the International Budget Partnership (IBP), said on January 14.