State Audit to focus on large-scale projects in 2019 Business

State Audit to focus on large-scale projects in 2019

The State Audit will focus on a number of major projects in 2019, including the Ben Thanh-Suoi Tien metro line, as well as the 10-trillion-VND flood control project in Ho Chi Minh City and Cat Linh-Ha Dong railway line in Hanoi, according to Auditor General Ho Duc Phoc.
Vietnam, Laos boost audit cooperation Politics

Vietnam, Laos boost audit cooperation

The State Audit of Vietnam will step up cooperation with its Lao counterpart to reap more substantial outcomes in the future, Auditor General Ho Duc Phoc said at a conference in Hanoi on January 8 to review the bilateral collaboration in 2018.
PM orders review of Sabeco's 136.1 million USD tax bill Business

PM orders review of Sabeco's 136.1 million USD tax bill

Prime Minister Nguyen Xuan Phuc has asked the Tax Department of Ho Chi Minh City to hold back on enforcing a tax decision on collecting 3.14 trillion VND (some 136.1 million USD) from Sai Gon Beer-Alcohol-Beverage Corporation (Sabeco) for violations on special sales tax.
Cao Bang shares inspection experience with Lao inspectors Politics

Cao Bang shares inspection experience with Lao inspectors

A delegation from the Lao State Inspection Authority (SIA) had a working session with authorities in the northern province of Cao Bang on December 3, discussing experience in inspection work, corruption prevention and handling of complains and denunciation.
Permanent cabinet members review BOT projects Business

Permanent cabinet members review BOT projects

Prime Minister Nguyen Xuan Phuc lauded the Ministry of Transport (MoT) for pooling social resources in public-private partnership (PPP) projects, including those under the build-operate-transfer (BOT) model.
State Audit completes 96 percent of annual plan Business

State Audit completes 96 percent of annual plan

The State Audit of Vietnam (SAV) has carried out 222 audits out of total 232, equivalent to 95.7 percent of its yearly plan, recovering nearly 8.4 trillion VND (360.5 million USD) for the State budget in the last nine months.
Lower corporate income tax on SMEs proposed Business

Lower corporate income tax on SMEs proposed

Corporate income tax levied on small and medium–sized enterprises (SMEs) should be reduced to promote the business development, a solution together with broadening tax base to increase budget revenue from business and production.
SAV vows to foster cooperation within ASOSAI as new chair Politics

SAV vows to foster cooperation within ASOSAI as new chair

Auditor General of the State Audit of Vietnam (SAV) Ho Duc Phoc has vowed to take more concrete actions to foster cooperation within the Asian Organisation of Supreme Audit Institutions (ASOSAI) in a bid to bring into fully play the potential of its members and take it to a new height.
ASOSAI Governing Board holds 53rd meeting in Hanoi Politics

ASOSAI Governing Board holds 53rd meeting in Hanoi

The 53rd meeting of the Asian Organisation of Supreme Audit Institutions (ASOSAI)’s Governing Board took place in Hanoi on September 22 under the co-chair of Ho Duc Phoc, the new Chair of the association, and Secretary General Hu Zejun.