Viet Nam’s legislative leader said on September 19 that it is a great honour for Viet Nam to host the 14^th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI), adding that the event marks a milestone in the history of the State Audit of Viet Nam.

At the event

Chairwoman of the Vietnamese National Assembly Nguyen Thi Kim Ngan made the statement at the opening ceremony of the 14^th ASOSAI Assembly that will run in Hanoi until September 22.

The legislative leader updated delegates on Viet Nam’s significant socio-economic development over the past 30 years, saying that Viet Nam, from a underdeveloped nation, now has become a medium-income country with increasingly close-knit links with the Asia-Pacific region as well as other regions worldwide. She also highlighted the intensive and extensive international integration Viet Nam has made in tandem with its comprehensive reform.

Being an active and responsible members of multilateral mechanisms, Viet Nam has made effective contributions to and hosted numerous important international events, including the 132nd Assembly of the Inter-Parliamentary Union (IPU–132) in 2015, APEC Viet Nam 2017, the 26^th Annual Meeting of the Asia-Pacific Parliamentary Forum (APPF-26) in January, and the latest World Economic Forum on ASEAN this year.

ASOSAI now stands as a professional and effectively governed organisation that has committed to develop and support its member SAIs and enable them to benefit from knowledge sharing and capacity building initiatives in order to enhance their contribution to the Asian nations, he said.

ASOSAI gathers 46 member organisations with diverse legal status, culture, politics and development level, leading to varying viewpoints on public auditing and interest among the members.

The ASOSAI Assembly, which is held every three years, is the venue for all heads of ASOSAI member supreme audit agencies to discuss and decide on major issues, necessary documents, regimes, and policies to achieve the association’s objectives and further its development. It also serves as a forum for sharing experience in the field of state audits.

This year’s event, held for the first time in Viet Nam, sees the largest ASOSAI gathering to date, with participation of around 250 delegates from 46 supreme audit institutions in Asian countries.

Representatives from the International Organisation of Supreme Audit Institutions (INTOSAI) and a number of other international organisations are also attending as observers.

(Source: VNA/ DA NANG Today)