Vinafood 2 to be reviewed after posting losses

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Báo Dân Trí English 14 hour(s) ago

Deputy Prime Minister Vuong Dinh Hue has ordered the State Audit Office of Vietnam to review enterprise values and deal with financial problems at Vietnam Southern Food Corporation Limited (Vinafood 2) after it reported millions of USD in losses.

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Experts dissect BOT project shortcomings

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Báo Dân Trí English 1 week(s) ago

Experts dissect BOT project shortcomings

Many experts have blamed lax management and lack of regulations for violations related to build, operate and transfer (BOT) projects.

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Local equitisation, divestment fall short of target: MoF

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Báo Dân Trí English 2 week(s) ago

Local equitisation, divestment fall short of target: MoF

The State has received VNĐ5.8 trillion (US$256.5 million) from the divestment of State capital in local enterprises in the first eight months of this year, it was announced by the Department of Corporate Finance under the Ministry of Finance (MoF).

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Vietnam shortens concession period of BOT projects

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam shortens concession period of BOT projects

The State Audit Office of Vietnam (SAV) has ordered investors of several build-operate-transfer (BOT) developers to shorten their period of charging tolls, following a comprehensive inspection into traffic infrastructure projects across the country.

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Delayed state divestment, listing restrict growth of Sabeco, Habeco

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Báo Đầu Tư English 1 month(s) ago

Delayed state divestment, listing restrict growth of Sabeco, Habeco

Recently uncovered bad management practices at Saigon Beer, Alcohol and Beverage JSC (Sabeco) and Hanoi Beer, Alcohol and Beverage JSC (Habeco), the two largest beer companies in Vietnam in terms of market share, show that the longer they delay becoming public companies, the more they will lag behind competitors.

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Social housing misused: audit

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Báo Đầu Tư English 2 month(s) ago

Social housing misused: audit

The state audit of Viet Nam has revealed the misuse of many social housing apartments in major cities.

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Vietnam’s bad debts surge as bank wrongdoings rise: state audit

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam’s bad debts surge as bank wrongdoings rise: state audit

An audit conducted last year into the 2014 performance of state-run Vietnamese companies and banks has found the country’s bad debt continuing to rise while little change is forced upon lenders found gaming the system.

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Business highlights – June 19-26

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Báo điện tử CP English 3 month(s) ago

VGP - The EU providing €3.9 million to increase transparency in auditing, Mexico opening a new sea route to Viet Nam, more than 600,000 jobs being created in five months, 72% of businesses advocating TPP, and Binh Duong attracting US$1 billion in FDI are economic highlights from June 19-26.

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EU provides €3.9 million to increase transparency in auditing

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Báo điện tử CP English 3 month(s) ago

EU provides €3.9 million to increase transparency in auditing

VGP – The European partners and sponsors have officially launched a €3.9 million project to increase the explanation responsibility and transparency for the State Audit Office of Viet Nam (SAV).

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CPA Australia raises bar for Vietnam’s auditing services

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Báo Đầu Tư English 3 month(s) ago

CPA Australia raises bar for Vietnam’s auditing services

Global economic integration highlights the need for Vietnam to work towards the full adoption of International Financial Reporting Standards (IFRS). Huynh Thien, regional manager for South Vietnam of CPA Australia, which teaches accountants and auditors financial reporting based on IFRS, talked with VIR’s Hong Anh about the activities of CPA Australia in Vietnam to ensure local accountants and auditors have the skills and capabilities necessary to meet future challenges.

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PM orders to widen corruption crackdown

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Báo điện tử CP English 5 month(s) ago 5 related news

PM orders to widen corruption crackdown

VGP – PM Nguyen Xuan Phuc has recently promulgated a new directive to strengthen disclosure and settlement of corruption cases.

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Vietnam Airlines, 12 subsidiaries to be audited

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Báo Thanh Niên English 5 month(s) ago

The State Audit has announced it will audit Vietnam Airlines and its 12 subsidiaries.

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NA to elect State President & NA Chairman this week

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Báo điện tử CP English 6 month(s) ago 7 related news

NA to elect State President & NA Chairman this week

VGP – The National Assembly will vote to select its new Chairman on March 31. It will pick up a new State President for the country on April 2.

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Legislators call for demonstration law to be completed

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Báo Dân Trí English 7 month(s) ago 1 related news

Legislators call for demonstration law to be completed

Lawmakers asked that the Government soon submit the Law on Demonstration for examination at the National Assembly Standing Committee session yesterday.

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VN legislators call for demonstration law to be completed

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VietnamNet English 7 month(s) ago 1 related news

VN legislators call for demonstration law to be completed

Lawmakers asked that the Government soon submit the Law on Demonstration for examination at the National Assembly Standing Committee session yesterday.

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