Shall there be an official merger of 18 Ministries into 13 Ministries under the downsizing plan of Scheme 140? What are responsibilities of the Ministry of Planning and Investment of Vietnam in tax administration?
Vietnam: Official merger of 18 Ministries into 13 Ministries under the downsizing plan of Scheme 140?
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Deputy Prime Minister Nguyen Hoa Binh has signed the issuance of Scheme 140/BCDTKNQ18 regarding the orientation for organizing and downsizing the machinery of the Government of Vietnam.
According to the arrangement and downsizing plan, the Government of Vietnam of the XV and XVI terms (term 2026 - 2031) will have 13 ministries (reduced by 5 ministries), 4 agencies equivalent to ministries, and 4 agencies belonging to the Government of Vietnam (reduced by 4 agencies).
In this plan, the consolidation of 18 Ministries into 13 Ministries is set forth as follows:
- Maintain 8 ministries: Ministry of Defense; Ministry of Public Security; Ministry of Justice; Ministry of Industry and Trade; Ministry of Culture, Sports and Tourism; Ministry of Foreign Affairs; Ministry of Health; Ministry of Education and Training.
Particularly, the Ministry of Foreign Affairs; Ministry of Health; Ministry of Education and Training will have internal rearrangements and assume responsibilities from committees that have concluded operations.
- Merge 10 Ministries into 5 Ministries as follows:
+ Consolidate Ministry of Planning and Investment of Vietnam with the Ministry of Finance. The proposed name after arrangement is Ministry of Finance and Development Investment or Ministry of Economic Development (performing state management functions in sectors currently assigned to the Ministry of Finance and the Ministry of Planning and Investment of Vietnam).
+ Consolidate Ministry of Transport and Ministry of Construction. The proposed name after arrangement is Ministry of Infrastructure and Urban Affairs (performing state management functions in sectors currently assigned to the Ministry of Transport and the Ministry of Construction).
+ Consolidate Ministry of Natural Resources and Environment with the Ministry of Agriculture and Rural Development. The proposed name after arrangement is Ministry of Agriculture and Natural Resources, Environment (performing state management functions in sectors currently assigned to the Ministry of Natural Resources and Environment and the Ministry of Agriculture and Rural Development).
+ Consolidate Ministry of Information and Communications with the Ministry of Science and Technology. The proposed name after arrangement is Ministry of Digital Transformation and Science, Technology or Ministry of Digital Transformation, Science, Technology, and Communications (performing state management functions in sectors currently assigned to the Ministry of Information and Communications and the Ministry of Science and Technology).
+ Consolidate Ministry of Labor - Invalids and Social Affairs with the Ministry of Home Affairs into Ministry of Home Affairs and Labor; transfer state management of vocational education to the Ministry of Education and Training, transfer state management of social protection, children, social evils prevention to the Ministry of Health.
Download to see more about Scheme 140/BCDTKNQ18 on the orientation for organizing and downsizing the machinery of the Government of Vietnam.
What are the responsibilities of the Ministry of Planning and Investment of Vietnam in tax administration?
According to Clause 6, Article 15 of the Law on Tax Administration 2019 stipulates the responsibilities of the Ministry of Planning and Investment of Vietnam in tax administration as follows:
- Direct and guide functional agencies to cooperate with tax administration agencies in granting, revoking business registration certificates, business registration certificates, investment registration certificates, taxpayer registration certificates, and other registration certificates of taxpayers through a one-stop-shop mechanism;
- Direct and guide functional agencies to enhance project evaluation to prevent transfer pricing and tax avoidance;
- Direct and guide functional agencies to strengthen inspection, examination, quality assessment, and valuation of machinery, equipment, and technology used in investment projects;
- Direct and guide functional agencies to cooperate with tax administration agencies in implementing legal provisions on investment incentives in accordance with tax laws.
What are the Duties and Powers of the Ministry of Finance in tax administration?
According to Clause 1, Article 15 of the Law on Tax Administration 2019 stipulates the duties and powers of the Ministry of Finance in tax administration as follows:
The Ministry of Finance is the leading agency aiding the Government of Vietnam in the unified state management of tax administration and has the following tasks and powers:
- Issue or submit for competent authorities to issue legal documents on tax administration;
- Organize the implementation of tax administration in accordance with this Law and other relevant legal provisions;
- Organize the development and execution of state budget revenue estimates;
- Organize inspection and examination of the implementation of tax laws and other relevant legal provisions;
- Handle legal violations and resolve complaints and denunciations related to the implementation of tax laws according to its authority;
- Organize the implementation of international tax cooperation;
- Coordinate with the Ministry of Planning and Investment of Vietnam and other relevant ministries to guide the implementation of independent assessment of the value of machinery, equipment, and technological lines under the provisions of the Investment Law.
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