The National Assembly of the Socialist Republic of Vietnam on June 21st, 2017 passed the Law on Management and Use of Public Asset (will take effect from January 1st, 2018). The Law has been a highlighted topic in Vietnamese news coverage, as efficient and transparent public asset management is one of the top priorities of the Party and the State with close attention and monitoring of the whole society.
According to the report published by the Ministry of Finance last year, the management and use of public assets has basically gone into order; the loss of assets has been gradually overcome while the responsibility of all departments, agencies, organizations and units has been raised for an effective manner.
Deputy Minister of Finance Vu Thi Mai spoke at the event
In order to effectively implement goals set out in the Resolutions of the Party, the National Assembly and the Government, the Law on Management and Use of Public Asset is aimed to create a legal corridor for strict management, economical use of public assets, increase transparency and prevent other acts of infringing upon public assets while utilize financial resources from public assets in a reasonable way. The application of IT and digitalization solutions in public assets management and upgrading the national database of public assets towards all-inclusive data management of public assets is a critical mission as it provides a useful tool in the management and use of public assets.
In that context, co-organized by Ministry of Finance and the International Data Group (IDG Vietnam), Vietnam Finance 2017 aims to discuss on strategies to improve the effectiveness of public asset management, particularly present and exchange domestic and international practical experience, and suggest orientation of applying disruptive IT solutions to enhance efficiency and transparency in public management.
The Conference consists of the Keynote and two specialized themed sessions:
* The Keynote will present the overall picture of public asset management in Vietnam with speeches from leaders of units from the Organizer (Ministry of Finance): Department of Public Asset Management, Department of Financial Informatics and Statistics; speeches from leader of Department of Budget Finance (the National Assembly Office of Vietnam) and experts from the World Bank and IT vendors: FPT IS (Public Financial Management in the 4IR Era), Delta Green Industrial (New Generation Energy Saving Data Center).
* Titled "Strategic policies for public asset management", Session 1 provides multi-dimensional perspectives in policy formulation and implementation of public asset management at central and local levels from leaders and experts of: Department of Public Asset Management, the Insurance Supervisory and Authority (Ministry of Finance), Agency of Judicial Support (Ministry of Justice), local Departments of Finance and the World Bank.
* Session 2, themed "Building database of public asset: The current status and IT solutions", discusses technology solutions such as: e-transaction system for public asset, database of road asset management (DPAS Center - Department of Public Asset Management), software-defined secure network for IoT (Juniper Networks), accelerate the digital transformation with API Economy (IBM), digital transformation (CMC SI), reinforcing information security infrastructure (Land Bank of the Philippines), and an approach model of architecture for national financial database (FPT IS).
Along with the Conference, being held successfully in 13 consecutive times, this year's exposition will provide hands-on experience and showcase of the latest technology solutions, products and services for Public Asset Management.
Visitors can contact and discuss directly with solution providers from leading technology and consulting corporations to seek the most ultimate solutions to their concerns./.