Conference discusses building of e-finance system

09:40 | 10/07/2018 Finance - Banking

The Ministry of Finance (MOF) held a conference on July 3 to discuss the financial sector’s roadmap to integrate in the fourth Industrial Revolution (Industry 4.0) and the building of the e-government structure.

Delegates at the conference - Photo: CPV

Addressing the event, Director General of MOF’s Department of Financial Informatics and Statistics, Dang Duc Mai, said that the financial sector has surveyed models and solutions of e-government transformation deployed by several countries in the world, thus working out an appropriate roadmap and targets for the transformation of the sector.

The ministry has also applied the technological achievements of the fourth industrial revolution in its management and in the building of an e-finance system, he added.

Accordingly, IT has been applied to support the management of State budget revenue and expenditure, electronic payments and government bonds, taxation and e-customs, public assets and public debt, and the supervision of financial markets.

He called for the synchronous promulgation of procedures and policies to facilitate the development of the relevant sectors and areas, particularly those regarding tax policies and the financial system.

Participants at the event contributed their opinions on the roadmap on the transformation to a digital government and the role of technology in reforming Vietnam’s public financial system, among others.

Theo NDO