Vietnam Streamlines government Structure: Ministry of Finance Undergoes Major Reorganization
In a bold move to enhance efficiency and reduce bureaucratic redundancy, Vietnam’s Ministry of Finance is set to undergo a important change. The reorganization, part of the broader implementation of resolution No.18, aims to streamline the government apparatus by merging key departments and reducing administrative layers.
On January 12, Permanent Deputy Prime Minister Nguyen Hoa binh, Deputy Head of the Government Steering Committee, signed an additional notice concluding the plan to reorganize and streamline ministry-level organizations under the Government. The Ministry of finance will retain its name after merging wiht the Ministry of Planning and Investment, a decision that underscores its pivotal role in the nation’s economic framework.
Key Changes in the Ministry of Finance
Table of Contents
- Key Changes in the Ministry of Finance
- Vietnam social insurance joins the ministry of Finance
- impact and Expectations
- Summary of Key Changes
- Vietnam Social Insurance Reorganization
- Key Points of the Reorganization
- Strategic Implications
- Visual Insight
- Overview of Reorganization
- Key Integration
- Impact and Expectations
- summary of Key Changes
- Strategic Implications
- Further Reading
The Ministry of Finance will eliminate five General Departments, converting them into departmental-level units. This restructuring is expected to significantly reduce administrative overhead while improving operational efficiency.
- Taxation Department: The General Department of Taxation will be reorganized into the Taxation department, comprising 12 divisions. Additionally, the 63 provincial and city-level Taxation Departments will be consolidated into 20 regional Taxation Branches. District-level tax branches will also be restructured, reducing their number from 420 to 350 inter-district tax teams.This move is projected to cut 1,005 out of 4,141 leadership positions.
- Customs Department: The General Department of Customs will transition into the Customs Department, with 12 divisions. Regional Customs Departments will be streamlined from 35 to 20 branches, while 181 Customs Branches will be restructured into 165 border gate practices. this reorganization is expected to eliminate 485 out of 902 leadership roles.
- state Treasury: The State Treasury, currently at the general departmental level, will be reorganized into a departmental-level entity with 10 divisions. The 63 State Treasurys at the departmental level will be consolidated into 20 branch-level agencies, reducing 431 out of 1,049 leadership positions.
- state Reserve Department: The General Department of the State reserve will be restructured into the Department of the State Reserve, with seven divisions. regional State Reserves will be consolidated from 22 to 15 branches.
- Statistics Department: The General Statistics Office will be reorganized into the Department of Statistics, comprising 14 units. Regional Statistics Departments will remain at 63 branches, but district-level Statistics Departments will be reduced from 565 to 480 inter-district teams.
As part of the reorganization, Vietnam Social Insurance will become a public service unit under the Ministry of Finance. This integration is expected to enhance coordination between social security and financial management, ensuring more efficient service delivery to citizens.
impact and Expectations
The restructuring is projected to significantly reduce the number of leadership positions across various departments, fostering a leaner and more agile government apparatus. by consolidating overlapping functions and streamlining operations, the Ministry of Finance aims to improve its capacity to manage the nation’s financial resources effectively.
Summary of Key Changes
| department | Reorganization Details | Leadership Reduction |
|——————————-|——————————————————————————————-|————————–|
| Taxation Department | 12 divisions; 63 provincial branches → 20 regional branches; 420 district branches → 350 teams | 1,005/4,141 |
| customs Department | 12 divisions; 35 regional branches → 20 branches; 181 customs Branches → 165 border gate practices | 485/902 |
| State Treasury | 10 divisions; 63 departmental-level treasurys → 20 branch-level agencies | 431/1,049 |
| State Reserve department | 7 divisions; 22 regional reserves → 15 branches | N/A |
| Statistics Department | 14 units; 63 regional branches; 565 district branches → 480 inter-district teams | N/A |
This sweeping reorganization reflects Vietnam’s commitment to modernizing its government structure,ensuring it remains responsive to the needs of its citizens and the demands of a rapidly evolving global economy.
For more insights into Vietnam’s government restructuring, explore the latest updates on the Ministry of Finance’s transformation.Ministry of Finance to Lead Major Reorganization of State Capital Management
In a significant move to streamline operations, the Ministry of Finance will take the helm in reorganizing the Committee for State Capital Management at Enterprises, marking one of the largest reductions in administrative units. This restructuring will involve the transfer of 18 organizations and corporations currently under the Committee’s oversight to the Ministry’s management.
The reorganization aims to develop a new approach to the activities, functions, and initial staff of the Committee, focusing on regulatory campaigns for efficient state capital management. Permanent Deputy prime Minister Nguyen Hoa Binh has urged the Ministry to expedite this process, emphasizing the need to amend and supplement the Law on the Management and Use of state Capital invested in production and business at enterprises. A report is expected to be submitted to the Government for consideration and approval at the National Assembly’s mid-February 2025 session.
In addition to the Committee’s restructuring, the Ministry will incorporate Vietnam Social Insurance into a public service unit. This move will reduce the number of departments from 21 to 14, streamline 63 regional social insurance organizations to 35, and consolidate 640 district-level organizations into 350 inter-district units. The reorganization will also eliminate 147 professional organizations, resulting in a reduction of 651 out of 1,465 contacts.
Key Points of the Reorganization
| Aspect | Current Structure | Post-Reorganization |
|————|———————–|————————-|
| Vietnam Social Insurance Departments | 21 | 14 |
| Regional Social Insurance Organizations | 63 | 35 |
| District-Level Social Insurance Organizations | 640 | 350 |
| Professional Organizations | 147 | Eliminated |
Strategic Implications
This reorganization is part of a broader effort to tidy up the inner group within the Ministry, ensuring more efficient management of state capital and public services.The Ministry’s leadership in this initiative underscores its pivotal role in shaping Vietnam’s economic governance.
For more details on the Law on the Management and Use of State Capital, visit the official file.
Visual Insight
!news value than less recent ones,” as highlighted in [[3]], underscores the timeliness of this initiative. By prioritizing recent developments, the city aims to address current challenges and improve service delivery.
To write like a real reporter, it’s essential to focus on delivering verified facts in a succinct, structured format, as noted in [[1]]. This approach ensures that the details is both accurate and accessible to the public.
Here’s a summary of the key points from Chairman Phan Van Mai’s guidance:
| Key Points | Details |
|—————-|————-|
| Modernization of equipment | Upgrading outdated systems to improve efficiency. |
| Streamlined Administrative Processes | Reducing bureaucratic hurdles for faster service delivery. |
| Resource Allocation | Ensuring resources are used more effectively. |
For those interested in writing for a school newspaper or fulfilling a class requirement, understanding the difference between academic writing and news writing is crucial. Techniques for writing a news article differ from those needed for academic papers, as explained in [[2]]. This distinction helps in crafting articles that are both informative and engaging.
By following these guidelines, Ho Chi Minh City aims to set a precedent for other municipalities, fostering a more efficient and responsive administrative framework. Stay updated on these developments by following [[Google News]] for the latest updates.
The reorganization of various departments under the Ministry of finance in Vietnam is a major step towards modernizing and streamlining government operations. Here is a summary of the key changes and their implications:
Overview of Reorganization
- Taxation Department:
– Divisions: 12
– Provincial Branches: Reduced from 63 to 20 regional branches
– District Branches: Reduced from 420 to 350 inter-district tax teams
– Leadership Reduction: 1,005 positions out of 4,141
- Customs Department:
– Divisions: 12
– Regional customs Departments: Streamlined from 35 to 20 branches
- Customs Branches: Restructured from 181 to 165 border gate practices
– Leadership Reduction: 485 positions out of 902
- State Treasury:
– Divisions: 10
– Departmental-Level Treasurys: Consolidated from 63 to 20 branch-level agencies
– Leadership Reduction: 431 positions out of 1,049
- State Reserve Department:
– Divisions: 7
– Regional State Reserves: Consolidated from 22 to 15 branches
– Leadership Reduction: N/A
- Statistics Department:
– Units: 14
– Regional Statistics Departments: Remain at 63 branches
– District-Level Statistics Departments: Reduced from 565 to 480 inter-district teams
– Leadership Reduction: N/A
Key Integration
- vietnam Social Insurance will become a public service unit under the Ministry of finance. This move is expected to enhance coordination between social security and financial management, ensuring more efficient service delivery to citizens.
- reorganization Details for Vietnam Social Insurance:
- Departments: reduced from 21 to 14
– Regional Organizations: Streamlined from 63 to 35
– District-Level Organizations: Consolidated from 640 to 350 inter-district units
– Professional Organizations: Eliminated 147
– Leadership Reduction: 651 positions out of 1,465
Impact and Expectations
The restructuring is projected to substantially reduce the number of leadership positions across various departments, fostering a leaner and more agile government apparatus. By consolidating overlapping functions and streamlining operations, the Ministry of Finance aims to improve its capacity to manage the nation’s financial resources effectively.
summary of Key Changes
| Department | Reorganization Details | Leadership Reduction |
|——————————-|——————————————————————————————-|————————–|
| Taxation Department | 12 divisions; 63 provincial branches → 20 regional branches; 420 district branches → 350 teams | 1,005/4,141 |
| customs Department | 12 divisions; 35 regional branches → 20 branches; 181 customs Branches → 165 border gate practices | 485/902 |
| State Treasury | 10 divisions; 63 departmental-level treasurys → 20 branch-level agencies | 431/1,049 |
| State Reserve Department | 7 divisions; 22 regional reserves → 15 branches | N/A |
| Statistics Department | 14 units; 63 regional branches; 565 district branches → 480 inter-district teams | N/A |
Strategic Implications
This reorganization is part of a broader effort to ensure more efficient management of state capital and public services within the Ministry of Finance. It reflects Vietnam’s commitment to modernizing its government structure, ensuring it remains responsive to the needs of its citizens and the demands of a rapidly evolving global economy.
Further Reading
For more insights into Vietnam’s government restructuring, explore the latest updates on the Ministry of Finance’s transformation.
