On the afternoon of March 3, the Ministry of Finance held a conference to announce the Government's Decree stipulating the functions, tasks, powers and organizational structure of the Ministry of Finance after the merger process.
Attending the conference were Deputy Prime Minister Ho Duc Phoc, Deputy Prime Minister Nguyen Chi Dung, Deputy Head of the Central Policy and Strategy Committee Nguyen Hoang Anh; and representatives of the Central Inspection Committee, the Central Internal Affairs Committee, and the Ministry of Home Affairs.
On the side of the Ministry of Finance, there were Minister Nguyen Van Thang, Deputy Ministers of Finance and leaders of units under the Ministry of Finance.
Minister of Finance Nguyen Van Thang. Photo: Duc Thanh
At the conference, the Ministry of Finance announced Decree No. 29/2025/ND-CP stipulating the functions, tasks, powers and organizational structure of the Ministry of Finance.
Accordingly, the Ministry of Finance is a Government agency, performing the state management function on: Socio-economic development strategies and plans; planning; development investment, business investment in Vietnam and business investment from Vietnam to foreign countries, investment promotion; state budget; state treasury; public debt; foreign aid to Vietnam and Vietnam's aid to foreign countries; taxes, fees, charges and other revenues of the state budget; state reserves; finance for extra-budgetary state financial funds; public assets.
The Ministry of Finance also manages customs; accounting; auditing; prices; securities; insurance; bidding; enterprises, collective economy, cooperative economy, business households; economic zones; financial services and other services within the scope of state management of the Ministry; statistics; implementation of social insurance and health insurance policies; and representative of the owner of state capital invested in enterprises according to the provisions of law.
Conference scene. Photo: Duc Thanh
Regarding the organizational structure, the Ministry of Finance after the merger has 35 focal points with administrative organizations to assist the Minister in performing the state management function, including: Department of National Economic Synthesis; Department of State Budget; Department of Investment; Department of Finance - Sectoral Economics; Department of National Defense, Security, Special (Department I); Department of Local and Territorial Economy; Department of Planning Management; Department of Financial Institutions; Department of Organization and Personnel; Department of Legal Affairs; Inspectorate; Office; Department of Debt Management and Foreign Economic Relations; Department of Public Asset Management; Department of Bidding Management; Department of Tax, Fee and Charge Policy Management and Supervision; Department of Insurance Management and Supervision; Department of Accounting and Auditing Management and Supervision; Department of Price Management; Department of State Enterprise Development; Department of Private Enterprise and Collective Economy Development; Department of Foreign Investment; Department of Financial Planning; Department of Information Technology and Digital Transformation; Department of Taxation; Department of Customs; Department of State Reserves; Department of Statistics; State Treasury; State Securities Commission.
Along with that, 4 public service units include: Institute of Strategy and Economic-Financial Policy; Finance-Investment Newspaper; Economics-Finance Magazine; Academy of Policy and Development, Vietnam Social Security is a special unit under the Ministry of Finance.
Deputy Prime Minister Ho Duc Phoc (far left) and Deputy Prime Minister Nguyen Chi Dung (far right) presented the Decision and congratulated the new Deputy Ministers of Finance. Photo: Duc Thanh
Deputy Prime Minister Ho Duc Phoc (4th from left) and Deputy Prime Minister Nguyen Chi Dung (5th from right) congratulate the leadership of the Ministry of Finance. Photo: Duc Thanh
At the conference, the Ministry of Finance announced the Decisions on the transfer and appointment of a number of individuals including: Comrade Tran Quoc Phuong, Deputy Minister of Planning and Investment; Comrade Nguyen Duc Tam, Deputy Minister of Planning and Investment; Comrade Nguyen Thi Bich Ngoc, Deputy Minister of Planning and Investment; Comrade Do Thanh Trung, Deputy Minister of Planning and Investment and Comrade Ho Sy Hung, Vice Chairman of the State Capital Management Committee at Enterprises to hold the position of Deputy Minister of Finance.
On behalf of the newly appointed Deputy Ministers, Deputy Minister Do Thanh Trung thanked the Government and the Ministry of Finance for their trust in assigning the task, affirming that he will seriously comply with the Party's regulations, the assignment of the Government and the Minister of Finance; be honest, objective, open and transparent in performing his duties to promote the tradition of the Ministry of Finance and the Finance sector, meeting the expectations of the Party, the State and the people in the new period.
The Deputy Ministers pledged to unite with the Ministry's leadership to complete assigned tasks; closely coordinate with ministries, branches and localities to promote exchange and sharing, and promptly complete tasks.
Leaders of the Ministry of Finance presented the Decision and congratulated leaders of units under the Ministry. Photo: Duc Thanh
Also at the conference, the Ministry of Finance announced the Decisions on establishing the Party Committee of the Ministry of Finance, the Decisions on appointing members of the Executive Committee, Standing Committee, Secretary, Deputy Secretary of the Party Committee of the Ministry of Finance for the 2020-2025 term and the Decisions on appointing leaders of units under the Ministry.
Representing the leaders of the newly assigned units, Chairwoman of the State Securities Commission Vu Thi Chan Phuong affirmed the highest determination in carrying out the new tasks.
At the same time, we promise to promote the highest sense of responsibility, solidarity and unanimity throughout the system to ensure effective operations, meet the development requirements of the Finance sector and contribute to the development of the economy.
Leaders of the units will also be proactive, creative, constantly improve and innovate to enhance the quality and efficiency of work; closely cooperate with units inside and outside the financial sector, market members, towards a stable, transparent and sustainable financial system.
Investment Newspaper
Source: https://vimc.co/announcement-of-requirements-and-resources-decisions-on-personnel-of-finance-department/
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