Vietnamese, Lao State audit offices enhance ties

Vietnam’s State Auditor General Ho Duc Phoc and President of the Audit Office Organisation of Laos Viengthong Siphandone agreed to continue boosting ties between the two audit agencies.
Vietnamese, Lao State audit offices enhance ties ảnh 1At the event (Source: VNA)
Vientiane (VNA) – Vietnam’s StateAuditor General Ho Duc Phoc and President of the Audit Office Organisation ofLaos Viengthong Siphandone agreed to continue boosting ties between the twoaudit agencies during their talks in Vientiane on April 4.

They spoke highly of the outcomes ofthe 2016 cooperation plan, with the Lao side sending two delegations to Vietnamto learn about auditing new rural development programmes and public debts, auditmanagement mechanisms, the process of making amendments and supplements to theLaw on State Audit, audit standards and international cooperation.

The State Audit Office of Vietnam (SAV)also sent a delegation to Laos to train their counterparts in auditing banksand the securities market, State budgets and treasuries from the central tolocal level.

In the near future, both sides willfacilitate the exchange of experts and technical transfer to the Audit OfficeOrganisation of Laos via training in each country in the audit of basicconstruction, projects funded by official development assistance and otherfields of shared concern.

Host and guest vowed to utilise activitieswithin the framework of the 2017 and 2016-2020 cooperation agreements betweenthe two governments, continue reviewing the outcomes of the 2000 collaborationdeal and push forward the 2016-2018 cooperation plan.

The two State audit offices will workclosely together at multilateral forums, especially those within the frameworkof the ASEAN Supreme Audit Institutions (ASEANSAI) and the Asian Organisationof Supreme Audit Institutions (ASOSAI).

Concluding the talks, the two auditorleaders signed a minute of their talks to lay groundwork for bilateralpartnership in the future.

On the occasion, Phoc presented 20laptops as SAV’s gifts to the Lao staff.

The SAV delegation is on working visit to Laos from April 3-5.-VNA
source

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