budget spending

Update news budget spending

Minor improvements seen in the transparency of provincial budgets

The average ranking of budget transparency for localities in 2021 was 69.53 points out of 100, a rise of just 0.44 points compared to 2020.

Budgetary spending reviews to ensure radical thrift

Feeling insecure about the national financial situation, the National Assembly and the government have continued highlighting strict management of the state budget this year,

Financial waste rife in Vietnam

 VietNamNet Bridge – Le Nhu Tien, Deputy to the 13th National Assembly, spoke to vov.vn about the serious problem of losses and wastage in Viet Nam.

Hanoi officials barred from frequent overseas travel

 The Hanoi People's Committee has forbidden officials and staffs from making numerous business trips abroad or participating in study tours organised or funded by local enterprises or directly invited by international companies.

HCM City tightens public spending on vehicles

 HCMC will restrict spending on public autos, seminars, meetings, groundbreaking ceremonies and overseas business trips for its officials as one of the measures to better manage the State budget and public assets at agencies.

Development organizations request transparent budget spending in VN

A group of development organizations headed by Oxfam has presented a petition requiring transparency, accountability and participation of citizens in the allocation, management and use of the State budget.

Vietnam pays $4.26 billion of debt in 11 months

 VietNamNet Bridge – In the January-November period of 2013, the state budget paid VND89.5 trillion of debt ($4.26 billion), equivalent to about 11 percent of the total budget spending.