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State-owned firms to be audited
This year the State Audit of Viet Nam will cover 28 State corporations.
The audit would help the National Assembly Standing Committee supervise State capital management and use, General Auditor Vuong Dinh Hue said yesterday.
"This year's audit aims to assess the efficiency of the implementation of the National Assembly's resolutions to stabilise macro-economy, ensure social security and sustain growth," Hue said when releasing the agency's plan.
The agency started the auditing process with the State Corporation of Investment Capital (SCIC) while Vietnam Airlines would be audited in July. This would be the first audit for the SCIC.
Vietnam Airlines is among the State's biggest corporations operating in the services sector, and attracts special public attention.
The authority would concentrate on the corporation's spending on aircrafts and aviation equipment purchases, whish had not previously been audited, Hue said.
Other State companies up for audit include the Viet Nam Coffee Corporation, Viet Nam Chemicals Copra and Viet Nam Development Bank.
The audit will centre on problems related to fiscal and monetary policies, with a special focus on the Government's eight groups of measures, taken last year, to curb inflation.
The agency's plan covers 18 key construction projects in infrastructure, electricity and irrigation, including the HCM City-Trung Luong Highway and the Son Dong-Bac Giang thermo-power plant.
It also include 37 provinces and cities, such as HCM City, Binh Duong and Hai Phong, which have large budgets.
Last year, the State Audit helped boost the State budget collection by VND4 trillion (US$229 million) and cut State spending by nearly VND2.5 trillion ($143 million).
While auditing, the agency aims to discover problems and faults in ministries, sectors and authorities to reach a clear conclusion of who was responsible for the faults.
VietNamNet, Viet Nam News
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