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State Audit Office of Vietnam, World Bank to boost cooperation

Updated: 07:34, 01/09/2019
Officials of the State Audit Office of Vietnam (SAV) and the World Bank (WB) have discussed cooperation in the fields of shared concern at a recent meeting that was part of the SAV delegation’s working visit to the US from August 27 to 30.

At the working session, the two sides looked into orientations for and forms of cooperation in the fields of common concern so as to help the SAV improve its capacity in IT audit, environmental audit and operational audit, and in the realisation of the Sustainable Development Goals.

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The working session between officials of the State Audit Office of Vietnam and the World Bank.

SAV Auditor General Ho Duc Phoc said the WB’s assistance for the SAV and its cooperation with the Vietnamese agency in implementing the WB’s programmes and projects in Vietnam have greatly helped with the SAV’s development so far.

Highlighting the practical joint activities, he expressed his hope that the WB will assist the SAV to fulfill its role in holding the chairmanship of the Asian Organisation of Supreme Audit Institutions (ASOSAI), including helping the SAV to organise and participate in joint audits within ASOSAI, improve Vietnamese auditors’ capacity, and carry out the SAV’s development strategy and IT architecture for 2019-2025 so as to help the SAV complete its digital infrastructure in 2025.

Phoc also called on the WB to increase support to the SAV to improve its auditing quality, including in the audits of the WB’s programmes and projects in Vietnam.

At the meeting, head for the WB’s East Asia and the Pacific Hassan Zaman expressed his readiness to enhance cooperation between the SAV and the WB.

He added the WB is willing to continue assisting the Vietnamese side to promote its auditing capacity and methods in IT audit, environmental audit and operational audit.

At the session, WB representatives also shared useful experiences and good practices in operational audit and the application of IT to audit activities.

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Source: VNA

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