Saturday, 05/03/2011 12:05

State-owned firms to be audited

The State Audit of Viet Nam (SAV) plans to inspect 27 State groups, corporations and commercial banks this year, representatives said on Mar. 3.

Among those to be first audited will be the Viet Nam Shipbuilding Industry Group (VINASHIN), the Electricity of Viet Nam, mining giant Vinacomin, the Viet Nam Housing and Urban Development Holdings Group, the Viet Nam National Shipping Lines (Vinalines), Vietcombank and Vietinbank.

SAV plans to next audit the Russian-Vietnamese oil, Vietsovpetro and Rusvietsovpetro.

SAV's Chief Auditor Vuong Dinh Hue said his office would carry out 151 inspections, 11 per cent more than last year.

He said the auditing would be in line with Resolution 36 governing the country's socio-economic development plan.

The agency said it meted out fines of VND17 trillion (US$809 million) last year, a year-on-year increase of 16 per cent.

Meanwhile, SAV has advised the Bank of Social Policies to take back the VND800 million ($38,000) it had lent under a preferential credit programme to students between 2007-09.

vietnamnews

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