The Ministry of Finance considers such publication an important practice promoting transparency and publicity of Vietnam’s state budget.

The portal would help speed up administrative procedures, and ensure transparency, accuracy, efficiency and convenience for all parties involved.

There is a long road to go for government agencies to fully comply with transparency requirement in the Law on State Budget, said an expert.

Hanoi would continue to improve the business environment for greater competitiveness, with a focus on IT application and transparency to reduce costs and time for businesses.

E-government is an inevitable trend and a right direction towards a prosperous Vietnam, stated Prime Minister Nguyen Xuan Phuc.