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State Audit Office to probe Vinalines accounts

Update: June, 21/2014 - 09:35

HA NOI (VNS)  – Transport Minister Dinh La Th¨ang approved investigations by the State Audit Office into accounts belonging to the Viet Nam National Shipping Lines (Vinalines) and Sai Gon Port Co., Ltd.

The investigations will look into all financial transactions accrued in 2014 of the companies, both of which are run by the transport ministry.

The move aims to accelerate the equitisation of State-owned enterprises (SOEs) governed by the ministry as well as realise a direction issued by Prime Minister Nguyen Tan Dung on stepping up restructuring of SOEs.

With its chartered capital of VND10.693 trillion (US$502.57 million), Vinalines is managing 31 affiliated companies, 21 joint ventures and 19 long-term investment firms.. — VNS

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