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Major infrastructure projects to be audited

Nearly 50 big projects, including the Noi Bai International Airport Terminal 2 and the HCM City-Long Thanh-Dau Giay Expressway, will be audited this year.
Nearly 50 big projects, including the Noi Bai International AirportTerminal 2 and the HCM City-Long Thanh-Dau Giay Expressway, will beaudited this year.

The State Audit of Vietnam said it plans to check these projects' construction, investment usage and management.

Otherprojects likely to come under the scanner are the National AssemblyHouse, the National Highway 3's Hanoi-Thai Nguyen section in the phase1, the Nhat Le 2 Bridge and the Da Nang Administrative Centre.

Inaddition, the SAV will conduct an audit at State-owned groups andcorporations, including the Electricity of Vietnam (EVN), the VietnamNational Oil and Gas Group (PVN), the Vietnam National Shipping Lines(VINALINES), the Vietnam National Tobacco Corporation (VINATABA) and theSong Da Corporation.

Financial reports of the State-ownedgroups and corporations related to capital management and usage, as wellas implementation of their restructuring plan for the period of 2011 to2015 will be examined.

An audit will also be conducted forthe Vietnam National Textile and Garment Group (VINATEX), VietnamNational Post and Telecommunications (VNPT), Vietnam Railway, as well asthe Vietnam Airlines Corporation's restructuring plan.

The Vietnam Shipbuilding Industry Group's (Vinashin's) restructuring plan will also be reviewed.-VNA

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