Vietnam audit finds multiple projects with unnecessarily long toll period

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Báo Tuổi Trẻ English 1 month(s) ago

Multiple road and bridge projects in Vietnam are applying toll-collecting periods that are up to 13 years longer than they should be, the country’s state auditor has said.

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State Audit issues 22-year record fines

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Báo Dân Trí English 1 month(s) ago

The State Audit Office of Vietnam has proposed VND35.9trn (USD1.6bn) in fines last year, the highest in 22 years, on local businesses for their violations, according to their report to the prime minister on February 2.

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Hanoi's wastewater treatment plant financial issues audited

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Báo Dân Trí English 1 month(s) ago

The State Audit Office of Vietnam has requested the investor of the Yen So Sewage Treatment Plant to return millions of US dollars after uncovering various violations.

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PM directs disbursement of government bond capital for Ca Pass Tunnel project

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Báo điện tử CP English 2 month(s) ago 4 related news

VGP – The PM has recently issued directions on the disbursement of capital raised via government bond (G-bond) sales for the Ca Pass Tunnel project (including Cu Mong Pass Tunnel and expansion of Hai Van Tunnel).

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CPA Australia celebrates new members and fellows in Vietnam

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Báo Đầu Tư English 5 month(s) ago

CPA Australia held its annual certificate presentation ceremony for new members and fellows in Vietnam on October 25 in Hanoi and 27 in Ho Chi Minh City.

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Vinafood 2 to be reviewed after posting losses

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Báo Dân Trí English 6 month(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 6 month(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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Vietnam shortens concession period of BOT projects

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Báo Tuổi Trẻ English 7 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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Business highlights – June 19-26

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Báo điện tử CP English 9 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 9 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 10 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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NA Standing Committee to convene 45th session

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VietnamNet English 14 month(s) ago 4 related news

NA Standing Committee to convene 45th session

The 13 th National Assembly Standing Committee will convene its 45 th session in Hanoi on February 17.

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Phu Yen targets modern rural area building

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VietnamPlus English 21 month(s) ago

The southern central coastal province of Phu Yen aims to have at least 20 communes recognised as modern rural areas, said Chairman of the provincial People’s Committee Pham Dinh Cu.

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Sabeco rejects tax arrears finding

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VietnamNet English 22 month(s) ago

Sabeco rejects tax arrears finding

Beverage giant challenges decision of State Audit Office that it must pay tax arrears for 2013.

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Local brewer Sabeco disputes hefty bill for tax arrears

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VietnamNet English 22 month(s) ago 1 related news

Local brewer Sabeco disputes hefty bill for tax arrears

The proposal by the State Audit Office of Vietnam to collect $18.7 million in tax arrears from Saigon Beer-Alcohol-Beverage Joint Stock Corporation has been met with opposition from the brewer and among lawyers.

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