public assets

Update news public assets

Efficient use of surplus public assets gains urgency

According to the Ministry of Finance (MoF), more than 11,000 public land and property facilities nationwide have been recovered or transferred to local authorities but have yet to be put back into use.

Vietnam uncovers new tactics used to conceal corruption proceeds

Vietnamese authorities say corruption networks are increasingly using intermediary companies, digital platforms and complex bidding arrangements to conceal illicit gains.

Vietnam to repurpose surplus public assets for essential social services

“Surplus public assets following local government restructuring will be prioritized for educational and healthcare institutions,” said Minister of Finance Nguyen Van Thang in his address to the National Assembly on June 18.