The operation of State Treasury still runs smoothly after dissolving 43 transaction offices

VCN - According to information from the State Treasury, since the dissolving of 43 transaction offices under the State Treasury Department until now, the professional activities of the units in the system have not been affected.
tin nhap 20180730233657
On 1/6/2018, the State Treasury dissolved the transaction offices of 43 provincial State Treasury branches. Photo: TL

On 1/6/2018, the State Treasury dissolved the transaction offices of 43 provincial State Treasury branches in accordance with the spirit of Resolution No. 18-NQ / TW of the 12th Central Committee of the Communist Party on some issues of renovation, reorganizing structure of the political system, operating effectively, and Decision No. 516 / QD-BTC of the Ministry of Finance on the dissolution of 43 transaction offices of the State Treasury.

According to reports of the State Treasury, with the steps of thorough preparation, up to now, transaction activities at the State Treasury in the provincial level after receiving additional tasks from the transaction offices have been operating smoothly and stably within the system as well as units and individuals conducting transactions outside the system.

Regarding to the operation of the information technology system, right from the beginning of the working day of 1/6/2018 to the present, all information technology application systems are stable and smooth, such as making a list of users and column for approval must be fully and accurately set up in order to serve in time for the operation of professional transactions; smooth communication infrastructure. The database system is stable and does not generate any problems.

As for the data on some applications currently being transferred by the State Treasury, this does not affect on the handling of transactions between payers and units using state budget.

According to the State Treasury, in order to streamline the organizational structure to achieve great results, the State Treasury is continuously reviewing the operational procedures, especially the state budget collection and spending procedures. At the same time, the State Treasury will strengthen the application of information technology in business processes to reform and modernize in line with the State Treasury Development Strategy until 2020, and arrange and streamline the State Treasury's apparatus in the future.

As known, since the issuance of dissolution decision, 43 transaction offices have closed, conducted final settlement for payment accounts at commercial banks. At the same time, to stabilize the state budget collection area, provincial treasuries also opened accounts at the commercial banks where transaction offices opened their accounts before.

At the same time, the provincial State Treasury also transferred its duties on the principle of the control of expense is transferred to the state accounting department. The work records, books, documents were also transferred to the corresponding professional departments.

In terms of data, transaction offices have coordinated with financial authorities and transaction units to compare related data ... The State Treasury has completed the transformation of data for 2017 and 2018 of 43 transaction offices to the provincial treasury. The units are continuing to complete the mark and reconcile the converted data.

By Thuỳ Linh/Thanh Thuy

Related News

Improving organizational structure and capacity building to implement the State Treasury Development Strategy to 2030

Improving organizational structure and capacity building to implement the State Treasury Development Strategy to 2030

VCN - The State Treasury system has achieved encouraging achievements in streamlining the organizational structure in association with the reform of administrative procedures to ensure strict management and meet the customers' needs.
State Treasury flexible in managing volume of government bond issuance in 2023

State Treasury flexible in managing volume of government bond issuance in 2023

VCN - In 2023, the State Treasury will closely monitor market developments, central budget collection, plan to repay due principal and capability of public investment disbursement to appropriately manage the volume of government bond issuance.
State Treasury promotes digital convenience and facilitates customers

State Treasury promotes digital convenience and facilitates customers

VCN - The State Treasury has added features of the online public service program to improve the quality of customer service as well as control payments and strictly manage the State budget.
State Treasury: Researching and piloting chain technology, AI into operation

State Treasury: Researching and piloting chain technology, AI into operation

VCN – To form a digital-based treasury by 2025, besides administrative reform and modernization of professional activities, the State Treasury continues to modernize information technology, forming the basic steps for digital transformation.

Latest News

Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion, equaling 30.9% of the estimate, up 5.3% over the same period in 2022.
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

More News

In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Consider raising the level of penalties to ensure fairness and transparency in the stock market

Consider raising the level of penalties to ensure fairness and transparency in the stock market

VCN - Mr Pham Hong Son, Vice Chairman of the State Securities Commission, discussed solutions to improve the capacity, improve fairness and transparency of the stock market.
Central bank cuts policy interest rates to spur growth

Central bank cuts policy interest rates to spur growth

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
Ensure policies to attract investment when implementing global minimum tax

Ensure policies to attract investment when implementing global minimum tax

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at the conference.
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Solutions to attract FDI when implementing the global minimum CIT

Solutions to attract FDI when implementing the global minimum CIT

VCN - On March 29, the Vietnam International Arbitration Center (VIAC) and the Center for International Integration, the Ho Chi Minh City Institute for Development Studies, jointly held a seminar on Global Minimum Corporate Tax – outlook and challenges in attracting foreign investment (FDI) in Ho Chi Minh City.
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

VCN – The promulgation of Vietnam's Decree on Vietnam's special preferential import tariff to implement the Vietnam-Cuba Trade Agreement for 2022-2027 creates a stable and open legal framework, facilitates import and export activities, brings expected great benefits to the business community of the two sides, promote two-way trade turnover and develop Vietnam-Cuba trade relations.
Being many "hot" issues at the general meeting of shareholders of banks

Being many "hot" issues at the general meeting of shareholders of banks

VCN - International Commercial Joint Stock Bank (VIB) will be the first bank to hold a general meeting of shareholders this week, and then April will be the "peak" for banks to deploy.
Bringing the policies on reducing land rent and water surface rent into life

Bringing the policies on reducing land rent and water surface rent into life

VCN - The tax sector is drastically implementing dissemination and support to make the policy of reducing land rent and water surface rent in 2022 fully effective.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion,
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Mobile Version