ASOSAI 14 to champion sustainable development

 General Auditor Ho Duc Phoc has highlighted the hosting of the 14th Assembly of the Asian Organization of Supreme Audit Institutions (ASOSAI 14) as a good opportunity for the State Audit Office of Vietnam (SAV) to learn from experience in boosting constant reforms for the improvement of the auditing quality.
  • Vietnam ready to host ASOSAI Assembly

On September 17, the SAV debuted a dedicated press centre for ASOSAI 14 and held a press conference at My Dinh National Convention Hall in Hanoi to introduce the ASOSAI 14 agenda.

In his remarks, the General Auditor stated that in the nearly 21 years since becoming ASOSAI member in 1997, this is the first time the SAV has been empowered by Supreme Audit Institutions (SAIs) to host the important event.

Effectively  enhancing its role as a member of the 12 ASOSAI Governing Board and successfully organizing meetings of the ASOSAI Governing Board towards hosting the ASOSAI Assembly in the 2015-2020 period are among the key external affairs of the SAV to realize its development strategy by 2020.

As the host of ASOSAI 14, the SAV will serve as the ASOSIA Chair for three consecutive terms from 2015 to 2024, which demonstrates the high level of trust held by the international community in the SAV and affirms the audit office’s strategic vision for international integration and cooperation by 2020. It is also a great honour and heavy responsibility for the SAV and other SAI members to make further contributions to the development of the organization.

The Auditor General described the event as a significant landmark for the enhancement of the role of the supreme auditing agencies and independent public asset and financial supervision institutions in improving the transparency of finance sectors in each member country. It also provides a chance to uphold the prestige, image and reputation of the SAV as well as Vietnam in the international arena.

With regard to the theme of the 14th ASOSAI Assembly, Mr Phoc said the nation’s sustainable development process greatly depends on environmental factors, which are a major obstacle to people’s livelihood, business activities and climate change. With its conception “Vietnam will not exchange its environment for economic benefits at any price", ASOSAI 14 has chosen the theme “Environmental Auditing for Sustainable Development” to give a common voice to the promotion of environmentally friendly sustainable development.

At a time when the fourth industrial revolution is spreading rapidly, as a developing country, Vietnam is drawing huge investment projects. If there are no measures to prevent out-of-date technologies and machines from being imported into the country, Vietnam will become a dumping ground for obsolete tech, seriously affecting people’s quality of life and sustainable development in the future, the Auditor General noted.

asosai 14 to champion sustainable development hinh 1

The 14th ASOSAI Assembly, set to take place from September 19-22, is expected to attract around 350 representatives from 60 international delegations.

The Chairwoman of the National Assembly, Nguyen Thi Kim Ngan, is scheduled to deliver a speech opening the event, and Party and State leaders will host receptions for the leaders of international delegations.

Under the tentative agenda, the 14th ASOSAI Assembly plans to include the following contents:

- To adopt the Annual Action Plan to implement the ASOSAI Strategic Plan 2016-2021; Capacity Development Plan for 2018-2021;

- To vote to select personnel for ASOSAI’s Board of Directors, Chairman, Secretary General, Audit Committee for the term 2018-2021;

- To organize the 7th Symposium on “Environmental Auditing for Sustainable Development”;

- To approve the Hanoi Declaration.

Established in 1979 with 11 members, ASOSAI now has 46 members. Held very three years, ASOSAI serves as a platform for meetings between the heads of SAIs of member countries.

VOV

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.