Most SOEs operating at a profit: audit Business

Most SOEs operating at a profit: audit

Most State-owned enterprises were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Vietnam (SAV).
Investment cost, toll collection time for Bach Dang bridge project slashed Business

Investment cost, toll collection time for Bach Dang bridge project slashed

The State Audit Office of Vietnam (SAV) proposed a reduction of 193 billion VND (8.2 million USD) to the investment cost of Bach Dang bridge, a BOT project in northern Quang Ninh province, as well as a cut to the project’s toll collection time, which is currently set at 20 years, to 17 years and eight months.
Vietnam, Canada intensify cooperation in operational audit Business

Vietnam, Canada intensify cooperation in operational audit

The State Audit Office of Vietnam (SAV) and the Canadian Audit and Accountability Foundation (CAAF) signed a memorandum of understanding (MoU) on cooperation within the framework of a working visit to Canada from April 7-12 by a delegation from the SAV and the National Assembly’s Finance-Budget Committee.
 Vietnam attends third ASOSAI – EUROSAI joint conference Business

Vietnam attends third ASOSAI – EUROSAI joint conference

A Vietnamese delegation led by Deputy Auditor General Doan Xuan Tien attended the third joint conference between the Asian Organisation of Supreme Audit Institutions (ASOSAI) and the European Organisation of Supreme Audit Institutions (EUROSAI) held in Jerusalem, Israel on March 11.
State Audit asks for more power Politics

State Audit asks for more power

The State Audit of Vietnam should be allowed to launch audits without having to seek the approval of other agencies when signs of corruption are discovered, said State Auditor General Ho Duc Phoc.