Discipline and professional ethics are the decisive factors for the sustainable development of all organizations and agencies; For the State Audit, discipline and professional ethics are more important to decide the credibility, effectiveness, efficiency of audit activities. Auditing is a profession with a deep professionalism and high ethical and communicative culture. Therefore, the goal of the SAV is an ongoing effort to build a team of Auditors "fair - integrity - professionalism - bright mind".
It is undeniable that the achieved results of Public-Private Partnership (PPP) investment in recent years, however, the fact shows that the implementation of PPP projects still has many shortcomings. This is evidenced by the audit results, as well as the inspection results of a number of functional agencies. In the context of continuous improvement in PPP policy to attract investors and to enhance transparency in the implementation of PPP projects, the role of supreme audit institutions for PPP projects should be confirmed, especially when the Law of Public - Private Partnership (PPP Law) has been developed.
International experience shows that the Supreme Audit Institution (SAI) plays an important role in assessing the Government's prepareness to achieve the SDGs. Therefore, it is neccesary for the SAV to focus on studying, developing the outline and audit plan for the audit of this area.
Deriving from practical requirements and international experience, many experts recommend that it is necessary for delegating authority and strengthen the independent overseeing capacity of SAIs, expanding the audit plan for investment projects carried out by public-private partnership (PPP) method, applying a combination of three types of financial, compliance and performance audit to assess the overall economy, efficiency and effectiveness of the project.
Corruption is associated with public property and private power. In accordance with the provisions of the 2013 Constitution, it can be seen that the National Assembly had taken a leading role in controlling state power as a whole and preventing and fighting against corruption in particular. However, the legal institutions of the National Assembly have not clearly showed its power and ability to exercise the rights in a practical and effective manner. Furthermore, in accordance with the 2018 Law on Anti-corruption (taking effect on 01 July 2019), the National Assembly does not have anti-corruption functions. Article 7 under the Law regulates that the National Assembly shall supervise anti-corruption works nationwide.
After 3 years of implementing the 2015 State Audit Law, the SAV has proposed financial settlement of more than VND 240,000 billion; propose amendments, supplements and cancellation of hundreds of legal documents which are no longer suitable in order to close the loopholes in mechanism, organize the implementation of the State's regulations to avoid loss, waste and contribute importantly to strengthen the national finance, tighten financial discipline, especially contribute positively to the process of institutional improvement in the country's development process. However, at the request of the renovation and improving the effectiveness of public finance, public assets surveillance and corruption prevention, the SAV has built and submitted to the National Assembly for approval of Law No. 55/2019 / QH14 dated November 26, 2019 amending and supplementing a number of articles of the 2015 SAV to improve the legal system of SAV, enhance the effectiveness and efficiency of SAV.
The world has entered the fourth industrial revolution (Industry 4.0) towards automation and data exchange in manufacturing technologies. As a contribution to this trend, the application of Information Technology (IT) in tax administration has played a significant role in the context of the increasing number of taxpayers, diversified scale and areas of operation. This is also posing many challenges for the State Audit Office of Vietnam (SAV) during the tax audit process.
Besides the continuous application of the Information Technology (IT) into the management, the State Audit Office of Viet Nam has also actively adopted advanced technologies into its audit activities. Since then, it has witnessed remarkable changes in its work, proving that the technologies shall become an important tool to improve the effectiveness of audit activities. This effort also reflects the SAV’s strong commitment, in capacity as the Asian Organization of Supreme Audit Institutions (ASOSAI) Chair for the period of 2018-2021, to innovating the audit methodologies.
The SAV Delegation, as ASOSAI Chairman during 2018-2021, attended the Conference of the State Parties to the United Nations Convention against corruption in Abu Dhabi, UAE from 14-15 December 2019 at the invitation of the State Audit Institution (SAI) of the UAE.
The Project focuses on two main pillars of the SAV’s Development Strategy to 2020, including: (i) To develop the SAV’s organizational structure and management of human resources and (ii) To enhance strategic audit planning, modernization of audit methods and management of audit activities in line with the SAV’s practical requirements, INTOSAI standards and international practices. The Project participants are composed of France Expertise (EF) as implementing agency and many experienced experts in the public sector auditing from the UK National Audit Office, the French Court of Auditors, the Spanish Court of Auditors, the State Audit Office of the Republic of Latvia and several units affiliated to the SAV.