At the event (Photo: congthuong.vn) Hanoi (VNA) – The State Audit Office of Vietnam (SAV) held a workshop in Hanoi on September 22 to discuss measures to boost the effectiveness of public investment disbursement and the role of State audits. In his opening remarks, Deputy Auditor General Doan Xuan Tien said the mobilisation and use of public investment is important during the country's reform and international integration processes. Slow disbursement has a negative impact on the economy, as well as the country's reputation and the trust of investors and sponsors, among others, he said. The State audit of public investment projects has exposed a number of shortcomings, he noted, adding that the scale and frequency of the task remain small compared to the requirement to inspect the use of public finances and assets, particularly in the construction sector. Hoang Phu Tho, an auditor at the SAV, said that to effectively use public investment, there is a need to review State regulations on investment management and make them more suitable to current circumstances at home and with international practice. Vice Chairman of the People's Committee of Thanh Hoa province Mai Xuan Liem said State audits should prioritise programmes and projects in… Read full this story
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