​The State Treasury is working on a comprehensive, synchronous, and timely digital transformation project

​The State Treasury is working on a comprehensive, synchronous, and timely digital transformation project 12/04/2024 04:28:00 174

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During the first quarter of 2024, the State Treasury actively supported the implementation of various IT projects aimed at modernizing its professional activities. These projects were in line with the State Treasury Development Strategy for 2030 and the IT Application Plan for the period of 2021-2025. The primary objective of these initiatives was to strengthen the Treasury's IT applications, which would improve operational efficiency and service quality for the budget-using units.

Photo: Quang Minh.

During the first quarter of 2024, the State Treasury completed various significant projects. These projects included the upgrading of the TABMIS system and applications, which created a digital budgeting and accounting system known as VDBAS. The State Treasury also connected capital construction investment expenditure from DTKB-GD to TABMIS and an electronic payment system with the bank. They created a service for storing records and electronic payment documents for the State Treasury and integrated it with the Online Public Service System (OPSS). Additionally, they deployed the DTKB-GD investment expenditure control management program, centralized executive document management program, State Treasury Intranet system investment project, and rented State Treasury Data Center.

The State Treasury continued to provide stable and efficient online public services to all budget-using units required to participate. They even upgraded their public services to include data exchange portals via the Internet with electricity, water, and telecommunications service providers. The application of IT programs resulted in increased labor productivity, shorter implementation times, and improved security measures for money and assets for civil servants involved in State Treasury operations.

To complete its tasks for 2024, the State Treasury aims to reform, develop, and modernize its state management functions. They also plan to issue Government Bonds flexibly to create resources for socio-economic development and diversify government bond products to meet market needs. Finally, they will develop a comprehensive, synchronous, and timely digital transformation project.

Between 2024 and 2026, the State Treasury will focus on perfecting its information service system, completing the electronic treasury, and upgrading and expanding the statistical and operational analysis data warehouse to supplement and complete reporting information. They will also provide timely data for the national financial database and develop and implement the State Treasury's direction and administration information program. This program will ensure that leaders of the Ministry of Finance and the State Treasury at all levels have access to timely information on direction and administration.

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