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Hanoi (VNA) – As the Chair of the Asian Organisation of Supreme Audit Institution (ASOSAI) for the 2018-2021 term, the State Audit of Vietnam (SAV) has strived to implement its audit plan for 2020 despite formidable challenges caused by the COVID-19 pandemic. As a wide range of the SAV’s activities were hampered by the coronavirus outbreak, the SAV has to adjust its foreign affairs plan for 2020, including the ASOSAI Chair’s activities. It joined hands with the National Audit Office of China – the Secretary General of ASOSAI, and members of the ASOSAI Governing Board to make preparation for the Governing Board’s online meeting on July 27. The SAV also sharpened focus on the implementation of commitments under the Hanoi Declaration, which was considered to be among the most notable outcomes of the 14th ASOSAI. The move will help it increase prestige and influence at global and regional forums. At the 55th Governing Board meeting of the ASOSAI held in … [Read more...] about State Audit of Vietnam works to complete 2020 plan

Vietnamese Deputy Minister of Education and Training Nguyen Van Phuc said the programme results will help his Ministry identify immediate and long-term policies for the development of primary education. In particular, the ministry will focus on developing education for mountainous students, supporting ethnic minority students in difficult circumstances, and building a strategy to improve education for parents. … [Read more...] about Vietnam ranks first in SEA in primary student learning outcomes

In 2017, ASEAN Economic Ministers set the twin goals of reducing trade transaction costs by 10 percent by 2020 and doubling intra-ASEAN trade between 2017 and 2025. To realize this goal, the ASEAN Customs Transit System has been developed to allow businesses to lodge e-transit declarations directly with ASEAN Customs Authorities and to track the movement of their goods from loading at departure to delivery at the final destination. … [Read more...] about The launch of free movement of goods system in ASEAN countries

  Hanoi (VNA) - Amid complicated developments of the COVID-19 pandemic, the State Audit Office of Vietnam (SAV) has worked effectively in fulfilling its chairmanship of the Asian Organisation of Supreme Audit Institutions (ASOSAI) for 2018 – 2021. The SAV’s Department of International Cooperation has so far carried out a series of activities within the framework of the mission since the beginning of 2020. Human resources training is a highlight among them, with the agency sending personnel from the Chairman’s Secretariat to a course on international meeting coordination organised by the Ministry of Foreign Affair in February, as well as those from several SAV working groups to courses held in April, May, and June, under the capacity building programmes of the ASOSAI, the International Organization of Supreme Audit Institutions (INTOSAI), and the ASEAN Supreme Audit Institutions (ASEANSAI). The department has also built an action plan for the SAV’s … [Read more...] about State Audit Office promotes ASOSAI chairmanship amid COVID-19

“For example, while deferring some taxes and insurances is beneficial to some, many businesses see only limited assistance from these programmes,” AmCham Hanoi’s executive director Adam Sitkoff told VIR. “Small businesses need loans to stay alive. We hear from many businesses that are unable to access low interest loans under the government’s loan support package because banks have been rejecting applications over concerns about the borrowers’ ability to repay, and borrowers not being able to show positive cash flow. This seems to be a particular problem in the tourism and hospitality sector right now. We hope government decision-makers can address those standards quickly.” … [Read more...] about Businesses line up for further support