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Inspections halted amid economic turmoil
Government inspections of several large companies have been delayed to allow firms time to recover from the global economic downturn.
Mai Quoc Binh, deputy chief of Vietnam State Inspectorate (VSI), said inspections usually last more than one day and that the inspectorate did not want to force the businesses to prepare the documents that would be needed for evaluation as many firms are busy struggling to survive the international economic turbulence.
Binh said the prime minister had previously asked the agency to postpone its inspections, which investigate the use of finances and assets at state enterprises.
He said inspectors were now considering which companies would benefit from the postponement. A list would be ready next month, he added.
Candidates for consideration include Vietnam Post and Telecommunications Group (VNPT) and shipbuilder Vinashin.
By the end of March, VSI had begun more than 1,800 inspections this year, 817 of which are already completed.
The inspections have found more than VND477 billion (US$26.8 million) in state funds misspent and more than 100 hectares of land misused.
According to the inspectors, almost all the land has been confiscated while some VND380 billion ($21.4 million) is being returned to the treasury.
Binh said the agency would check assets at state agencies as well because they have not been cooperative in reporting the info themselves.
All government agencies were supposed to have reported on all their assets by the end of 2007, but only 31 agencies have done so.
Thai Son
thanhnien
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