Vietnam, Republic of Korea boost collaboration in auditing Politics

Vietnam, Republic of Korea boost collaboration in auditing

Vietnam’s Auditor General Ho Duc Phoc and a delegation of the State Audit Office of Vietnam (SAV) had a working session in Seoul on June 19 with the Board of Audit and Inspection (BAI) of the Republic of Korea (RoK) to boost bilateral cooperation in the time ahead.
Deputies continue discussion of ILO’s Convention 98 Politics

Deputies continue discussion of ILO’s Convention 98

Lawmakers continue their discussion about Vietnam’s participation in the International Labour Organisation (ILO)’s Convention 98 on the application of principles of the right to organise and bargain collectively at the ongoing seventh session of the 14th National Assembly in Hanoi on June 7.
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.
Bad debt handling to be audited Business

Bad debt handling to be audited

The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Vietnam (SAV).
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.
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.