What is the merger and downsizing orientation of the organizational structure of the Ministry of Finance of Vietnam? What is the current organizational structure of the Ministry of Finance of Vietnam?

What is the merger and downsizing orientation of the organizational structure of the Ministry of Finance of Vietnam?

On December 6, 2024, the Steering Committee for the Review of the Implementation of Resolution 18-NQ/TW issued Plan 141/KH-BCDTKNQ18...Download outlining the direction for downsizing the organizational structure of the Government of Vietnam, including the merger of the Ministry of Finance with the Ministry of Planning and Investment.

- According to Plan 141/KH-BCDTKNQ18...Download about the direction for downsizing the organizational structure of the Government of Vietnam, the name of the Ministry after the merger is expected to be the Ministry of Finance and Development Investment or the Ministry of Economic Development. This ministry will manage the state administration of sectors and fields currently assigned to the Ministry of Finance and the Ministry of Planning and Investment.

- To implement Plan 141/KH-BCDTKNQ18, the Government of Vietnam assigns the Ministry of Finance and the Ministry of Planning and Investment to develop a proposal for merger, reorganization, restructuring, and significantly reducing the internal organization to carry out the functions, tasks, and powers post-merger. Specifically:

+ At the meeting, it was reported that the total number of units within the organizational structure of the Ministry of Planning and Investment and the Ministry of Finance before reorganization is 56 entities (28 entities for each ministry), including 47 administrative entities (6 general departments, 14 departments, 27 bureaus, offices, inspections), and 9 public service providers.

+ After reorganizing, the two ministries will have 35 entities, of which 34 are merged from the two ministries (17 departments, 13 bureaus, office, inspection, and 4 public service providers) and 1 additional public service provider due to the merger of Vietnam Social Security. A total reduction of 22 out of 56 entities.

+ Regarding the 9 public service providers outside of the Ministries' organizational structure, initially, they will remain as they are, later they will be organized according to general criteria, retaining only the units under ministries and central authorities serving political missions at sector-leading units linked to the ministry's functions and tasks.

+ For higher education institutions, organization will be according to the network planning of education and training institutions, linking with increased financial autonomy in line with the roadmap to fully price public service provision by sector and field.

+ For public service providers under departmental and general department management, there will be continued review and reorganization to improve operational efficiency and fiscal autonomy.

+ Regarding the transfer of personnel from the State Capital Management Committee at enterprises and the National Financial Supervisory Committee to the Ministry of Economy and Finance, Deputy Minister Nguyen Duc Chi stated the Ministry would conduct a specific review for each case in line with assigned tasks, matching job positions, and the situation of organizational downsizing.

+ The Ministry of Finance agrees with the policy to merge and organize Vietnam Social Security into a public service provider under the Ministry of Economy and Finance, ending the current model of Vietnam Social Security under the Government of Vietnam.

+ This unit is responsible for advising and assisting the Minister in implementing social insurance, health insurance, unemployment insurance policies, additional retirement insurance, managing these funds to ensure seamless, system-wide connection.

- In February 2025, the National Assembly will convene to discuss and give opinions on regulations regarding the organizational structure, so the new apparatus operates in compliance with the law.

Note: Information is for reference only!

What is the merger and downsizing orientation of the organizational structure of the Ministry of Finance of Vietnam? (Image from the Internet)

What is the current organizational structure of the Ministry of Finance of Vietnam?

According to Article 3 of Decree 14/2023/ND-CP, the organizational structure of the Ministry of Finance is stipulated as follows:

(1) State Budget Department.

(2) Investment Department.

(3) Department of National Defense and Special Finance (Department I).

(4) Department of Administrative and Non-Business Finance.

(5) Department of Finance for Banks and Financial Institutions.

(6) Department of International Cooperation.

(7) Legal Department.

(8) Personnel and Organization Department.

(9) Inspection.

(10) Office.

(11) Department of Tax, Fee and Charge Policy Management and Supervision.

(12) Department of Public Asset Management.

(13) Department of Debt Management and External Finance.

(14) Department of Insurance Management and Supervision.

(15) Department of Accounting and Auditing Management and Supervision.

(16) Pricing Management Department.

(17) Department of IT and Financial Statistics.

(18) Department of Corporate Finance.

(19) Department of Planning and Finance.

(20) General Department of Taxation.

(21) General Department of Customs.

(22) General Department of State Reserves.

(23) State Treasury.

(24) State Securities Commission.

(25) Institute of Financial Strategy and Policy.

(26) Vietnam Financial Times.

(27) Financial Journal.

(28) Financial Staff Training School.

Organizations from (1) to (24) are administrative bodies assisting the Minister in executing state management functions; organizations from (25) to (28) are public service units serving state management under the ministry.

The State Budget Department has 4 divisions, the Department of Administrative and Non-Business Finance has 4 divisions, the Investment Department has 4 divisions, the Department of Finance for Banks and Financial Institutions has 4 divisions, the Legal Department has 5 divisions, the Personnel and Organization Department has 7 divisions, and the Department of International Cooperation has 4 divisions.

The Minister of Finance proposes to the Prime Minister of the Government of Vietnam to issue decisions stipulating the functions, tasks, powers, and organizational structure of the General Department of Taxation, General Department of Customs, General Department of State Reserves, State Treasury, State Securities Commission, and the list of other public service providers under the ministry.

Is the Director-General of the General Department of Taxation a leading position within the Ministry of Finance of Vietnam?

Based on Clause 1 Article 4 of the Regulations on the criteria for leadership titles at the General Department level and equivalent within the Ministry of Finance issued with Decision 1155/QD-BTC in 2019, the following is stipulated:

Criteria for the Title of Director-General

1. Position, Duties: The title of Director-General is a leadership and managerial position within the Ministry, is the head of the General Department, responsible for assisting the Minister of Finance in state management and law implementation in professional fields nationwide as assigned, decentralized, and authorized by the Minister of Finance; accountable to the Minister and the law for all activities of the General Department.

...

Thus, the Director-General of the General Department of Taxation, according to current regulations, is a leadership and managerial position within the Ministry of Finance and is the head of the General Department, responsible for assisting the Minister of Finance in state management and law implementation in professional fields nationwide as stipulated.