Support to the State Audit of Vietnam

Supreme Audit Institutions (SAIs) are key in any Public Financial Management system because they foster accountability and transparency. The State Audit of Vietnam (SAV) is Vietnam's external oversight function. It has recently gained constitutional recognition and has formulated a comprehensive development plan.

Country/region Topic Period Budget
Economic and financial policy
01.01.2014 - 31.12.2019
CHF 1'700'000
Background As the national bodies responsible SAV is responsible for scrutinizing public expenditure. In collaboration with the European Commission, SECO designed a technical assistance program. The project aims at supporting SAV in the implementation of their Strategy and Development Action Plan, namely i) to strengthen and develop SAV human resources and organization structure- and ii) to modernize SAV audit planning and audit methodologies for financial and compliance audit in line with international best practice. The project finances technical assistance delivered through a twinning arrangement with another SAI.
Objectives The overall goal is to enhance the capacity of SAV to provide an independent opinion on financial management issues across the public sector and communicate any management deficiency to those charged with governance. Through directly supporting parts of SAV's Action Plan this project will improve the skills and practical experience necessary to develop its audit capacity in line with INTOSAI standards, with a view to ultimately providing the National Assembly and the general public with the quality information it needs to undertake its oversight function. Developing the organizational and operational capacities of SAV contributes to improved accountability and oversight of public finances and improved public service delivery in Vietnam.
Medium-term outcomes SAV's ability to carry out its mandate is strengthened by improving the organizational structure and management of Human Resources through a revised organization structure- the formulation and implementation of human resource strategies and the development of appropriate monitoring and review mechanisms to ensure effectiveness, transparency, coherence and consistency in their implementation.The quality of external audits of public funds is improved by using modern strategic audit planning techniques, audit methodologies and audit activity management techniques such as the elaboration of own audit standards in compliance with the Vietnamese legal framework, INTOSAI norms and actual audit experience- and clear criteria for SAV audit reports that provides accurate information for effective oversight of public finances in Vietnam.

Expected results:   Appropriate human resource management systems are in place ensuring that SAV is able to attract, develop, utilize, reward and retain the required number of staff and the right mix of competencies, experience and skills.Continuous professional development systems are in place ensuring all staff is equipped with the skills and training necessary to fulfill their professional and ethical responsibilities.The Human Resource function is enhanced through the use of computerized tools and techniques.Guidelines and methods for financial and compliance audits are developed, trialed (through join audits) and disseminated for all phases of the audit process in order to ensure high quality audit activities in accordance with the SAV standards.Appropriate quality control systems are in place to ensure appropriate supervision of audit teams and review of audit work.Computerized audit tools and techniques are developed to improve the structure, quality and productivity of the audit process.

Directorate/federal office responsible SECO
Credit area Development cooperation
Project partners Contract partner
  • European Commission

Budget Current phase Swiss budget CHF   1'700'000 Swiss disbursement to date CHF   0 Budget inclusive project partner CHF   4'675'000
Project phases Phase 1 01.01.2014 - 31.12.2019   (Current phase)