Vietnam's treasury activities are set to rely on advanced information technology more heavily so that the country will have its electronic State Treasury by 2020, local newspaper Vietnam Economic Times reported Thursday.
Under the Strategy on Developing the State Treasury by 2020 recently approved by the government, relevant agencies will improve regulations and polices on the treasury's operations, especially those based on information technology.
Between now and 2020, the treasury's operations are to center on managing the state budget, state-owned financial funds and government debts; improving state accounting, payment networks and internal inspection; applying information technology, developing human resources; and strengthening international cooperation.
Source: Xinhua
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