Organizational structure of the Ministry of Planning and Investment of Vietnam

Organizational structure of the Ministry of Planning and Investment of Vietnam (Internet image)

1. Organizational structure of the Ministry of Planning and Investment of Vietnam

The organizational structure of the Ministry of Planning and Investment of Vietnam includes:

* Organizations assisting the Minister in performing state management functions, including:

- Department for National Economic Issues.

- Department for Local and Regional Economy.

- Financial and Monetary Department.

- Department of Industrial and Service Economy.

- Department of Agricultural Economy.

- Department of Infrastructure and Urban Centers.

- Department of Economic Zones Management.

- Department of Investment Supervision and Appraisal.

- Foreign Economic Relations Department.

- Department for Labour, Culture and Social Affairs.

- Department of Science, Education, Natural Resources and Environment.

- Department of Planning Management.

- Department of National Defense, Security.

- Department of Legislation.

- Department of Organization and Personnel.

- Ministry Office.

- Ministry Inspectorate.

- Public Procurement Agency.

- Enterprise Development Agency.

- Foreign Investment Agency.

- Business Registration Management Agency.

- Agency for Cooperative Development.

- General Statistics Office.

- Institute for Development Strategy.

- Central Institute of Economic Management.

- Information Technology and Digital Transformation Center.

- Vietnam Investment Review.

- Academy of Policy and Development.

The organizations referred to in Clauses 1-23 of this Article shall assist the Minister of Planning and Investment of Vietnam in performing the state management functions; the organizations referred to in Clauses 24-28 of this Article are administrative units serving the Ministry’s state management functions.

The Department for National Economic Issues is comprised of 03 divisions; the Department for Local and Regional Economy is comprised of 04 divisions; the Foreign Economic Relations Department is comprised of 05 divisions.

The Minister of Planning and Investment of Vietnam shall request the Prime Minister to define the functions, tasks, powers and organizational structure of the General Statistics Office; promulgate the list of its affiliated public administrative units.

(Article 3 of Decree 89/2022/ND-CP)

2. Tasks of the Ministry of Planning and Investment regarding development investment in Vietnam

The tasks of the Ministry of Planning and Investment regarding development investment include:

- Play the leading role and cooperate with relevant the Ministry of Finance of Vietnam in making consolidated reports on development investment. Formulate medium-term and annual public investment plans;

Compile the consolidated list of national target programs, public investment programs, nationally significant projects, central government budget-funded tasks and projects included in medium-term public investment plans;

- Determine total amount and structure of total investment capital of the whole society; play the leading role and cooperate with relevant the Ministry of Finance of Vietnam in preparing and submitting report to the Government on determination of state budget-derived funding for national development investment sorted by fields and sectors specified in medium-term and annual public investment plans;

Consolidate total funding for national target programs, public investment programs, nationally significant projects, large-scale key projects with substantial impact on others, promoting inter-regional connection, and meaningful in promoting both regional and local socio-economic development.

- Play the leading role and cooperate with relevant the Ministry of Finance of Vietnam in preparing and submitting consolidated reports to the Government and/or Prime Minister on national medium-term and annual public investment plans;

Requesting the Prime Minister to decide the use of annual reserves of the central-government budget and provision of additional amounts to annual public investment funding so as to perform development investment tasks in accordance with regulations of law;

- Cooperate with the Ministry of Finance of Vietnam in formulating plans for use of increased revenues and used amounts of funding for covering expenditures of the central government budget, including the use of such amounts for important investment projects;

- Consolidate detailed plans of medium-term and annual state budget-derived funding plans of national target programs and public investment programs;

- Make reports on implementation of medium-term and annual public investment plans, national target programs, and public investment programs/projects of which investment guidelines are subject to the Prime Minister’s decision;

- Play the leading role and cooperate with the Ministry of Finance of Vietnam, relevant Ministries, regulatory authorities and provincial governments in formulating rules, criteria and norms for allocation of state budget-derived public investment funding;

Formulating rules and criteria for allocation of funding for large-scale key projects promoting inter-regional connection as well as national and regional socio-economic development; supervising and assessing the efficiency in using state budget-derived public investment funding and funding for development investment expenditures;

- Act as a standing member of the State Appraisal Council in charge of appraising national target programs and nationally significant projects; act as a standing member of the Interdisciplinary Appraisal Council in charge of appraising public-private partnership (PPP) projects of which investment guidelines are subject to the Prime Minister’s decision;

Appraise investment guidelines of other programs/projects subject to the Prime Minister’s decision or approval in accordance with provisions of the Law on Public Investment and the Investment Law.

(Clause 8 Article 2 of Decree 89/2022/ND-CP)

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