The sixth ASEAN Supreme Audit Institutions (ASEANSAI) Summit opened on November 2 under the chair of Auditor General of the Union of Myanmar Kan Zaw, who is also vice chairman of ASEANSAI in the 2019-2021 term.
Auditor General Tran Sy Thanh (centre) and other officials of Vietnam attend the 6th ASEANSAI Summit on November 2 (Photo: thoibaotaichinhvietnam.vn)
Hanoi (VNA) – The sixth ASEAN Supreme Audit Institutions (ASEANSAI) Summit opened on November 2 under the chair of Auditor General of the Union of Myanmar Kan Zaw, who is also vice chairman of ASEANSAI in the 2019-2021 term.
Vietnamese State Auditor General Tran Sy Thanh attended the event as Chair of ASEANSAI's Committee for Strategic Plan and member of ASEANSAI's Knowledge Sharing Committee.
Speaking at the opening of the virtual summit, Roslan Abu Bakar, Deputy Auditor General of Malaysia, said that ASEANSAI was established 10 years ago to promote integrity in public administration and finance and enhance the capacity of ASEAN auditors.
While pointing out the challenges ASEANSAI has faced in the past time, especially financial crises, climate change, and the COVID-19 pandemic, he said that these challenges made member state audit institutions (SAIs) clearly understand the importance of cooperation in the region, as well as the importance of strengthening relationships with ASEANSAI partners in solving common problems.
To successfully realise the goals of ASEANSAI for the 2022-2025 period as well as the ASEAN Charter, he suggested that SAIs should continue to strengthen solidarity, cooperation and dialogue within ASEANSAI and outside the region to achieve common goals – law obedience and cooperation for mutual development.
As Chair of ASEANSAI's Committee for Strategic Plan, the State Audit Office of Vietnam presided over the development of the ASEANSAI Strategic Plan for 2022-2025 with the vision of becoming a reliable, dynamic and professional organisation of the supreme audit institutions to promote good governance in the ASEAN region with five core values, namely respect, professionalism, cooperation, innovation and rapid responsiveness.
SAIs have agreed to appoint the State Auditor General of Myanmar as the Chairman of ASEANSAI for the new term. They also approved the proposed budget for the organisation's activities in the 2022-2023 period.
In his inauguration speech, Myanmar State Auditor General Kan Zaw expressed his honour to assume the role of ASEANSAI Chairman for the 2021-2023 term. He said he looked forward to continuing to receive the support of member SAIs for the success of ASEANSAIཧ in the term./.
The Chairman of the Asian Organisation of Supreme Audit Institutions (ASOSAI) for 2021 - 2024 said the COVID-19 pandemic has reshaped the future of public sector auditing, leading to new reforms amid challenges of the next normal.
The State Audit Office of Vietnam (SAV), as the Chair of the Asian Organisation of Supreme Audit Institutions (ASOSAI) in the 2018-2021 term, made active and responsible contributions to the common development of the region and the world.
Vietnam shared its experience at the 8th ASOSAI Symposium, held via teleconference on September 8, with the theme "The ASOSAI and the Next Normal: Resilience amidst Challenges”.
State Auditor General Tran Sy Thanh has affirmed that the State Audit Office of Vietnam (SAV) has successfully fulfilled its role as Chair of the Asian Organisation of Supreme Audit Institutions (ASOSAI) for the 2018-2021 tenure.
As Chair of the Asian Organisation of Supreme Audit Institutions (ASOSAI), the State Audit Office of Vietnam (SAV) played a leadership role in together with the ASOSAI Governing Board guiding SAI members to successfully realise key agendas over the last three years.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
The new framework is designed to ensure that incoming investments deliver tangible national benefits, such as the creation of high-quality jobs for Malaysians and the development of local company ecosystems and technologies.
Singapore led with a total of 8.8 billion USD in realised investment, followed by Hong Kong and mainland China, Malaysia, and Japan with 8 billion USD, 1.7 billion USD and 1.6 billion USD, respectively.
Thai Acting Prime Minister Phumtham Wechayachai on August 7 outlined his strategy for tackling drug problems in Thailand, aiming for a "Zero Drugs Thailand" within three months.