Vietnamplus

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

The average ranking of budget transparency for localities in 2021 was 69.53 points out of 100, a rise of just 0.44 points compared to 2020. The numbers suggest that most localities have not fully disclosed information about their finances to the public.

The International Budget Partnership (IBP) has released its Open Budget Survey (OBS) 2021, showing that Vietnam rank 68th out of the 120 countries in budget transparency, up nine places on 2019 and 23 from 2017.

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.

Prime Minister Nguyen Xuan Phuc has signed a decision promulgating the Government’s master plan on thrift practice and wastefulness combat.

Vietnam has seen considerable improvements in budget transparency at national, provincial and ministry levels, surveys show.

Vietnam has seen considerable improvements in budget transparency at national, provincial and ministry levels, heard a project closing workshop in Hanoi on October 8.

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.

The Open Budget Survey (OBS) 2019 from the International Budget Partnership (IBP) ranks Vietnam 77th out of 117 countries around the world, up 14 places against the previous survey in 2017, the Ministry of Finance reported on May 18.

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.