Poor database stymies public asset managementVietNamNet Bridge – 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. He said it should digitise the database on about public assets and improve oversight of them. Fourthly, since the cash-strapped authorities are not able to put “clean” public lands up for competitive bidding, the price discovery is not effective. As a result, there is no unified and up-to-date database on public assets. Finally, public assets are often managed by multiple agencies, making their management chaotic.

Source: VietNamNet News July 18, 2016 06:11 UTC