A PEFA training was hosted by the Vietnam’s Ministry of Finance and organized by the World Bank and SECO from November 18-20, 2020. More than 40 government officials participated in the training representing the State Audit, the ministries of Finance, Planning and Investment, and Education as well as five provincial governments The training was delivered virtually due to COVID-19 pandemic by Julia Dhimitri from the PEFA Secretariat, and John Short, international PEFA consultant.
The training is one of the first steps to initiate the second national PEFA self-assessment, which has been officially endorsed by the Prime Minister Nguyen Xuan Phuc. Findings and recommendations from the repeat PEFA assessment will inform the public financial management reform agenda for the Southeast Asian country, particularly by providing inputs to the long-term financial strategy and medium-term financial plan in future. The Government of Vietnam and the development partners will also use PEFA findings to discuss sequenced PFM reform assistance.
In addition to the national PEFA assessment, which was carried out in 2013, two subnational PEFA assessments were conducted for Da Nang city and Tra Vinh province in 2017 and 2019 respectively. A PEFA assessment for Can Tho city will be completed in 2021.
Mr. Nguyen Minh Tan, Deputy head of the State budget department, the Ministry of Finance stated that Vietnam have taken up recommendations from the 2013 PEFA self-assessment.