Simultaneous audit at Vietnam Airlines and 12 subsidiaries

The parent company Vietnam Airlines Corporation and a series of other subsidiaries will be audited for management and use of state capital and assets in the 2015 fiscal year.

VNA passenger aircraft.

According to information from the State Audit, this agency has officially decided to audit Vietnam Airlines.

In addition to the parent company, 12 other subsidiaries are also subject to audit, including: Noi Bai Air Catering Joint Stock Company, Jetstar Pacific Airlines Joint Stock Company, Vietnam Aviation Fuel One Member Limited Liability Company, Tan Son Nhat Cargo Services Limited Liability Company,...

The audit content, as stated by the competent authority, is the audit of financial reports, reports on investment costs for project implementation, and assessment of the economic, effective and efficient management and use of State capital and assets. More specifically, the State Audit representative said that it will focus on auditing the management and use of State resources in construction investment and management of air transport service prices.

In addition, another content in the audit's sights is the results of the implementation of the State-owned enterprise restructuring project until the end of 2015 and the implementation of financial supervision regulations, performance evaluation and financial information disclosure.

The audit scope announced by the State Audit is the 2015 fiscal year (the parent company's fiscal year is from April 1 to December 31, 2015) and related previous and subsequent periods.

Previously, according to Vietnam Airlines' report at the end of last year, in 2015, the airline conducted over 127,500 safe flights, an increase of nearly 3.5% over the same period, and transported over 17.4 million passengers, an increase of 4.8% over the year's plan.

The Corporation also said that in 2015, business results are estimated to reach nearly 70,000 billion VND in revenue and 1,400 billion VND in pre-tax profit, an increase of 129% compared to the plan./.

According to Vietnamplus