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Topic: “Public investment supervision by the National Assembly of Vietnam” 2

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SUMMARY OF NEW CONCLUSIONS OF DOCTORAL THESIS 1. Topic: “Public investment supervision by the National Assembly of Vietnam”

2. Major: Finance - Banking Code number: 09.34.02.01 3. Ph.D Researcher’s full name: Nguyen Thanh Tung

4. Supervisor’s full name: Associate Professor, PhD. Dang Van Du - PhD. Bui Dang Dung 5. New conclusions of the thesis

5.1. In theoretical perspective

The dissertation studies three contents of supervision of public investment by the National Assembly: supervising the system of legal documents related to public investment; supervising the implementation of public investment and supervising the implementation of conclusions and recommendations on supervision of public investment. Besides, the author affirms four best tools used by National Assembly to supervise public investment as follow, reporting system on public investment; thematic supervision; questioning and answering questions of the subjects being supervised and organizing a supervision team to prepare for the implementation of public investment supervision. To clarify the results of public investment supervision by the National Assembly, the thesis uses four criteria, as validity, suitability, compatibility and sustainability.

5.2. In practical perspective

The public investment supervision by the National Assembly of Vietnam is carried out on the basis of the constitution and the power of the supreme elected official. Based on the theoretical contents established in Chapter 1 and the results of previous studies, the Chapter 2 of thesis uses 4 criteria: validity; appropriateness; compatibility and sustainability to assess the current status of public investment supervision by the National Assembly of Vietnam for the period 2015 – 2019, according to a 496-repondent survey to the delegates of National Assembly of Vietnam, with questionnaire survey method. The results of survey show different levels of achievements on public investment supervision gained by the National Assembly of Vietnam. In particular, a vital issue is that the effectiveness of the public investment supervision by the National Assembly of Vietnam can only be realized when the conclusions and recommendations after the public investment supervision are implemented. In addition, the public investment supervision by the National Assembly of Vietnam is considered to be conducted timely and more frequently to ensure its relevance; focusing on monitoring the implementation of policies and laws on the public investment management and using of public investment capital and the effectiveness of public investment to achieve the compatibility criteria. The positive influence on socio-economic development of public investment supervision by the National Assembly of Vietnam creates the sustainability of this activity.

According to this situation, the dissertation proposes 3 groups of solutions to improve the public investment supervision by the National Assembly of Vietnam, of which the strategic solution is to build a system of legal documents specifically guiding the public investment supervision conducted by the National Assembly of Vietnam. In addition, several breakthrough solutions are also proposed such as building a set of criteria to evaluate the public investment supervision by the National Assembly of Vietnam and applying big data technology to design a national database system on public investment. Thanks to that, the public investment in Vietnam can carry out the mission of creating infrastructure and national construction.

SUPERVISORS Hanoi, ….July 2021

THE FIRST SUPERVISOR

Associate Professor PhD. Dang Van Du

THE SECOND SUPERVISOR

PhD.Bui Dang Dung

Ph.D Researcher

Nguyen Thanh Tung

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