Standardize the database to transparently manage public assets

Not on time

The national database on finance is one of the six national databases that need to be prioritized to provide comprehensive information meeting the needs of management, administration, financial research and policy-making, government agencies, the National Assembly, relevant organizations, and individuals, thereby creating a foundation for e-government development. In the financial database, the state property database is one of 13 national important databases.

At this time, according to statistics from the Ministry of Finance, the national database of state property has updated information on six types of assets, including: land in working offices, non-business establishments; Houses of working offices or establishments of non-business activities; all kinds of cars; Other assets with the value of VND 500 million or more per unit of assets; concentrated rural clean water supply; assets of road traffic infrastructure.

Specifically, the software "Management of state property registration is managing the quantity of land, houses managed by agencies, organizations, units, the total number of available public vehicles, total assets with the value from 500 million dong.There are about 1,000 accounts in the current system issued to the ministries, branches, localities, and decentralization to the departments, districts, and districts throughout the country. While the software "Management of rural water supply facilities" is managing a total of 14,482 works with 9,371 self-flowing water supply facilities, 4,940 water supply using motive power pumps, 118 water supply facilities using hanging tanks technology; 53 mixed water supply works.

The "Road Traffic Asset Management" is another important using software which has updated 11,569 assets with a total cost over VND1.4 trillion on the national database; the rest value more than 1.3 million. The total length of the routes updated is more than 177 thousand km.

At the moment, the asset management software is deployed on the internet. Servers, installed applications operated by the Ministry of Finance. Therefore, the management system is always operating stability and guaranteed. However, data management in ministries, sectors, and localities is still inadequate due to the fact that local officials work mainly in localities, so the management and use of the information State-owned enterprises have many difficulties, don’t meet the requirement of property report.

Risk management

According to Mr Tran Duc Thang, Director General of the Public Property Management Department, Ministry of Finance: To improve the efficiency of public asset management, especially to enhance publicity and transparency,the National Assembly has approved the Law on Management and Use of Public Assets which validated in 2018 required setting up information system on public assets and national database, including an electronic transaction system Existing online property transactions.

According to Mr Dang Duc Mai, director of the Department of Financial Informatics and Statistics, Ministry of Finance:in terms of information technology, national database of public assets is just used for management, synthesize the information exploitation on various types of state assets: general information; asset value; status of use; there isn’t information about management, asset risk monitoring. The objective of upgrading the national database on public assets is to integrate information of assets value under VND 500 million of state agencies, assets of projects using state capital, assets of concentrated clean water supply and road traffic infrastructure assets and developing standards and conditions and guide the exchange of information in order to connect to the national database of public assets. In addition, the Ministry of Finance will standardize the national database on existing state assets to ensure the accuracy and sufficiency of information with the purpose are strengthening the capacity of the national database of public assets in asset management and use.

The Ministry of Finance is also upgrading the database in the direction of managing information about risk of assets with requirements such as information management, risk data of assets (geographic location, types of assets, the level of risk, cause, impact on risk, information on risk insurance); developing tools for analyzing, evaluating the possibility and consequences, impacts of each risk; managing and tracking information on risk management and response plans. Preparatory work is implementing deployment by the Ministry of Finance and investment is expected at the begin of 2018 and be completed in 2020.

On the transaction system, Ms Nguyen Thi Phuong Hao, deputy director of the National Center for Data Mining and Asset Services (DPAS), said: "In the public asset information system, public technical information technology infrastructure; The system of operating, software of systems, application software and national databases of public assets are available. To further improve, the Ministry of Finance is studying and building a system of electronic transactions of public assets to integrate and manage activities of selling, leasing, transferring ... public assets. Besides the storing and statistical data, this system can alert you to unusual behavior in access frequency, access classification … to monitor with the criteria to ensure effective connection with the national database of public assets, safety, confidential information. At this system, agencies, units, and organizations own assets as well as organizations and individuals that have the need to buy assets can trade "online", thus improving transparency, publicity.