By 2025, 100% of large enterprises will have their financial statements audited

This is the target set out in the Financial Strategy to 2030 in Decision 368/QD-TTg dated March 21, 2022.

By 2025, 100% of large enterprises will have their financial statements audited

By 2025, 100% of large enterprises will have their financial statements audited (Artwork)

Accordingly, in order to synchronously, transparently and sustainably develop the financial market and financial services, the Strategy sets the following objectives:

- Stable development of the market and improvement of accounting and auditing services. By 2025, ensure 100% of enterprises and large-scale units have their financial statements audited, regardless of type of operation and form of ownership.

- Develop a stable stock market, operate safely, efficiently, with a reasonable structure, and balance the money market with the capital market, the stock market with the bond market and the stock market. Derivatives:

+ By 2025, the stock market capitalization will reach 100% of GDP; outstanding debt in the bond market reached at least 47% of GDP, of which outstanding debt in the corporate bond market reached at least 20% of GDP.

+ By 2030, the stock market capitalization will reach 120% of GDP, the outstanding debt in the bond market will reach at least 58% of GDP, of which the outstanding debt in the corporate bond market will reach at least 25% of GDP.

- Comprehensively develop the insurance market to meet the diverse insurance needs of organizations and individuals in the economy.

The average revenue growth of the insurance industry in the period 2021 - 2025 is 15%/year, by 2025, the scale will reach about 3 - 3.3% of GDP; average growth in the period 2026 - 2030 is 10%/year, by 2030 the scale will reach about 3.3 - 3.5% of GDP.

- Enhance transparency in the field of price appraisal, step by step improve the capacity and quality of appraisal of prices.

See more content at Decision 368/QD-TTg dated March 21, 2022.

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