The reforms towards improving fiscal transparency in Vietnam are currently being implemented on the basis of continuous analysis of every aspect of the system of public finance management (PFM). PEFA assessment currently being made and will be important to determine the next steps in the reform strategy, particularly on the legal framework of the evaluation of current fiscal management respectively according to the principle in the rules on fiscal transparency (FTC), which ensure improved transparency to meet the needs of internal management as well as responsible for the award tenure information with the public. The State of Vietnam has a lot to try to shape the legal framework on the management of fiscal and financial control. The law on the State budget (GOVERNMENT EXCESSIVE Laws) in 2002, in force since 2004 has created the main basis of public financial management executives. Other legal documents on financial and fiscal Law include: the management of public debt (2009), the accounting Law (2003), and the State Audit Law (2005). These laws are support by the Regulations Guide made by Decree, issued circulars and decisions.In brief, the public financial management system in Vietnam is currently being finalized with a clear legal basis contributing to perform publicly, circuits, high efficiency, ensure management toots the financial resources to developing country construction
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