The State Audit was established under Decree No. 70/CP dated July 11, 1994 of the Government, operating under the Charter on the organization and operation of the State Audit issued together with Decision No. 61/TTg dated January 24, 1995 of the Prime Minister.

Immediately after its establishment, the State Audit established an organizational structure, built facilities, recruited and trained staff and auditors, and developed audit standards and procedures and organized the implementation of audit tasks assigned by the Government and the Prime Minister.

The Law on State Audit was passed by the 11th National Assembly of the Socialist Republic of Vietnam on June 14, 2005, effective from January 1, 2006, opening a new development period of the State Audit with the position of a specialized agency in the field of State financial inspection established by the National Assembly, operating independently and only complying with the law; performing the functions of auditing financial statements, compliance auditing, and performance auditing for all agencies and organizations managing and using the State budget, money and assets. On April 19, 2010, the National Assembly Standing Committee issued Resolution No. 927/2010/UBTVQH12 on the State Audit Development Strategy to 2020. Accordingly, to ensure development requirements in the period of industrialization - modernization and the process of international economic integration of the country, the goal of State Audit development to 2020 is "To improve the operational capacity, legal validity, quality and efficiency of State Audit operations as an effective tool of the State in inspecting, supervising the management and use of the State budget, money and assets; to build a State Audit with high professional qualifications, gradually modernizing, becoming a responsible and prestigious public finance inspection agency, meeting the requirements of the country's industrialization and modernization, in accordance with international practices and standards". The Constitution of the Socialist Republic of Vietnam (amended) adopted at the 6th Session of the 13th National Assembly on November 28, 2013, stipulated the legal status of the State Audit and the State Auditor General in Article 118, marking a turning point in the development of the State Audit with an increasingly enhanced position and role.

Article 118 of the Constitution of the Socialist Republic of Vietnam (amended) stipulates.

1. The State Audit is an agency established by the National Assembly, operates independently and only complies with the law, and conducts audits of the management and use of public finance and assets.

2. The State Auditor General is the head of the State Audit, elected by the National Assembly. The term of office of the State Auditor General is prescribed by law. The State Auditor General is responsible for and reports on audit results and work to the National Assembly; During the period when the National Assembly is not in session, it is responsible for and reports to the National Assembly Standing Committee.

3. The specific organization, tasks and powers of the State Audit are prescribed by law.

The Law on State Audit (amended) was passed by the 13th National Assembly on June 24, 2015 at the 9th Session and took effect from January 1, 2016 - marking an important step in the process of perfecting the State legal system in general, and in the fields of finance and budget in particular. The Law on State Audit (amended) has promptly specified the provisions on State Audit in the 2013 Constitution, overcoming the shortcomings and inadequacies of the Law on State Audit 2005.

During its operations, the State Audit has always determined that the development of the System of Auditing Standards is the guideline for all auditing activities. The Auditing Standards System is a set of basic principles, operational guidelines and handling of relationships arising in auditing activities, which the State Audit Team and State Auditors must comply with when conducting auditing activities; at the same time, it is the basis for controlling the quality and ethics of State Auditors.

The State Audit's Auditing Standards System is being completed in the direction of complying with the System of Auditing Standards of Supreme Audit Institutions (ISSAIs) issued by the International Organization of Supreme Audit Institutions (INTOSAI). On July 15, 2016, the State Auditor General issued Decision No. 02/2016/QD-KTNN promulgating the System of State Auditing Standards (SAS) including 39 State Auditing Standards and a List of Terms used in the SAS.

In its development journey, the State Audit has always focused on expanding international cooperation. The State Audit of Vietnam has been a member of the International Organization of Supreme Audit Institutions (INTOSAI) since July 1996 and the Asian Organization of Supreme Audit Institutions (ASOSAI) since October 1997. The State Audit of Vietnam has increasingly participated in the international integration process, has extensive cooperative relationships and has signed cooperation documents with dozens of Supreme Audit Institutions and prestigious international organizations across the continents.

In February 2015, in Kuala Lumpur (Malaysia), the 13th Congress of the Asian Organization of Supreme Audit Institutions (13th ASOSAI Congress) decided to select the State Audit of Vietnam as a member of the Executive Board A