State Audit Office, GIZ boost cooperation
SAV and GIZ delegates in Germany (Photo: VNA)
Speaking at the event, Nguyen Kim from the German Ministry of Economic Cooperation and Development, who is in charge of cooperation with Vietnam, said the State Audit Office of Vietnam (SAV)’s interest in information technology and environment audit is also part of the focus in coordination between the two countries and Germany’s development strategy in Asia and partner countries in the near future.
Auditor General Phoc, for his part, said thanks to the GIZ’s effective support, the SAV built and issued 36 standards based on international audit standards set by the International Organization of Supreme Audit Institutions (INTOSAI).
From 2011 to 2019, the GIZ continued to assist the SAV via a regional project to improve the capacity of the ASEAN Supreme Audit Institutions (ASEANSAI), he said, expressing hope for further support from the GIZ, especially in operational, environment and information technology (IT) audit.
According to him, the SAV is working to improve operational audit to better assess the efficiency and effectiveness of the use and management of public finance and assets.
He suggested the German side share experience in devising strategy, selecting topics, and presenting reports on operational audit.
Phoc said the SAV will build a database on IT audit and databases on other fields in order to compile an overview of the national finance and public assets, conduct periodic audit on key IT systems and projects, step up training of IT auditors, build a big data system and an intellectual database.
He expressed hope that the SAV would continue receiving support from GIZ in environment and IT audit, application of IT in audit activities and use of artificial intelligence in big data analysis.
Related News
Adapting to multicultural environments in global business
09:33 | 22/11/2024 Headlines
CEPA Agreement opens the way to the Middle East - Africa market
08:35 | 13/11/2024 Import-Export
Recurrent spending seriously controlled: Deputy PM and MoF Ho Duc Phoc
09:31 | 07/11/2024 Headlines
Digital transformation in Customs sector is a revolution
10:45 | 28/10/2024 Customs
Latest News
Monetary policy forecast unlikely to loosen further
15:51 | 22/11/2024 Finance
World Bank outlines path for Vietnam to reach high income status
13:44 | 22/11/2024 Finance
Strictly control public debt and ensure national financial security 2025
09:26 | 22/11/2024 Finance
Revising the title of a draft of 1 Law amending seven finance-related laws
14:33 | 21/11/2024 Finance
More News
Transparency evates the standing of listed companies
09:47 | 21/11/2024 Finance
State-owned securities company trails competitors
14:46 | 20/11/2024 Finance
Strengthening the financial “health” of state-owned enterprises
09:23 | 20/11/2024 Finance
U.S. Treasury continues to affirm Vietnam does not manipulate currency
13:46 | 19/11/2024 Finance
Exchange rate fluctuations bring huge profits to many banks
13:43 | 19/11/2024 Finance
A “picture” of bank profits in the first nine months of 2024
09:42 | 19/11/2024 Finance
Many challenges in restructuring public finance
10:02 | 18/11/2024 Finance
Tax declaration and payment by e-commerce platforms reduces declaration points and compliance costs
09:19 | 17/11/2024 Finance
Disbursement of public investment must be accelerated: Deputy PM
19:32 | 16/11/2024 Finance
Your care
Monetary policy forecast unlikely to loosen further
15:51 | 22/11/2024 Finance
World Bank outlines path for Vietnam to reach high income status
13:44 | 22/11/2024 Finance
Strictly control public debt and ensure national financial security 2025
09:26 | 22/11/2024 Finance
Revising the title of a draft of 1 Law amending seven finance-related laws
14:33 | 21/11/2024 Finance
Transparency evates the standing of listed companies
09:47 | 21/11/2024 Finance