What are the functions of the Ministry of Industry and Trade of Vietnam? What is the organizational structure of the Ministry of Industry and Trade of Vietnam from March 01, 2025?

What are the functions of the Ministry of Industry and Trade of Vietnam?

On February 26, 2025, the Government of the Socialist Republic of Vietnam issued Decree 40/2025/ND-CP stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade.

Article 1 of Decree 40/2025/ND-CP provides the position and function of the Ministry of Industry and Trade of Vietnam as follows:

Article 1. Position and Function

The Ministry of Industry and Trade is an agency of the Government of Vietnam, performing the function of state management of industry and trade, including the sectors and fields of electricity, coal, oil and gas, new energy, renewable energy, efficient and economical energy use, chemicals, industrial explosives, mechanical engineering industry, metallurgy, mining and mineral processing industry, consumer industry, food industry, supporting industry, environmental industry, high technology industry (excluding information technology and digital technology industry); industrial zones, handicraft, industry promotion; domestic trade; import and export, border trade; logistics services; overseas market development; market management; trade promotion; e-commerce; trade services; international economic integration; competition, consumer rights protection; trade defense; and public services in sectors and fields under the state management of the ministry.

Thus, the Ministry of Industry and Trade of Vietnam is an agency under the Government of Vietnam, performing the function of state management in the fields of industry and trade. The Ministry manages sectors such as electricity, coal, oil and gas, renewable energy, processing industry, supporting industry, domestic trade, and import-export. Additionally, the Ministry is responsible for market management, e-commerce, logistics, international economic integration, consumer rights protection, and related public services to promote sustainable economic development according to the law.

What is the organizational structure of the Ministry of Industry and Trade of Vietnam from March 01, 2025?

According to Article 3 of Decree 40/2025/ND-CP, the organizational structure of the Ministry of Industry and Trade of Vietnam is as follows:

(1) Department of Planning, Finance and Enterprise Management.

(2) Department of Overseas Market Development.

(3) Department of Multilateral Trade Policy.

(4) Department of Oil and Gas and Coal.

(5) Department of Personnel Organization.

(6) Department of Legal Affairs.

(7) Ministry Inspectorate.

(8) Ministry Office.

(9) National Competition Commission.

(10) Department of Domestic Market Management and Development.

(11) Department of Electricity.

(12) Department of Innovation, Green Transition and Industry Promotion.

(13) Department of Industry.

(14) Department of Trade Defense.

(15) Department of Trade Promotion.

(16) Department of Import-Export.

(17) Department of Technical Safety and Industrial Environment.

(18) Department of E-commerce and Digital Economy.

(19) Department of Chemicals.

(20) Institute of Industry and Trade Strategy and Policy Research.

(21) Industry and Trade Newspaper.

(22) Industry and Trade Magazine.

Organizations specified from (1) to (19) are the organizations assisting the Minister in performing state management functions; organizations specified from (20) to (22) are public service providers serving the state management function of the ministry.

The Department of Multilateral Trade Policy is organized into 3 divisions, and the Department of Overseas Market Development is organized into 6 divisions.

The Minister of Industry and Trade submits to the Government of Vietnam for consideration the issuance of a Decree stipulating the functions, tasks, powers, and organizational structure of the National Competition Commission.

The Minister of Industry and Trade submits to the Prime Minister of the Government of Vietnam the issuance of the list of other public service providers under the ministry.

The Minister of Industry and Trade stipulates the functions, tasks, powers, and organizational structure of the subordinate units of the Ministry, except the unit specified in (9).

What are the transitional provisions in Decree 40/2025/ND-CP regarding the organizational structure of the Ministry of Industry and Trade?

According to the provisions in Article 5 of Decree 40/2025/ND-CP regarding transitional provisions:

The Market Management Agency at all levels shall continue to perform their functions, tasks, and powers according to current law until the transfer of the provincial-level Market Management Department under the General Department of Market Management to the People's Committees of provinces and centrally-run cities;

The Ministry of Industry and Trade shall transfer the provincial-level Market Management Department under the General Department of Market Management to the People's Committees of provinces and cities directly under the central government to establish Market Management Sub-departments under the Department of Industry and Trade before June 1, 2025.

Refer to detailed content at Decree 40/2025/ND-CP effective from March 1, 2025.

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