He said it should digitise the database on about public assets and improve oversight of them. HCM City – The Government has made efforts to improve the management of public assets but the task is made difficult by its massive scale and deficient database. As a result, there is no unified and up-to-date database on public assets. Fourthly, since the cash-strapped authorities are not able to put “clean” public lands up for competitive bidding, the price discovery is not effective. Finally, public assets are often managed by multiple agencies, making their management chaotic.
Source: Viet Nam News July 18, 2016 02:03 UTC