Finance sector reduces 37% of focal points after reorganization

On the afternoon of January 6, 2026, the Ministry of Finance held a conference to summarize the work in 2025 and deploy tasks for 2026.

The conference was attended by Prime Minister Pham Minh Chinh, representatives of leaders of Party agencies, the National Assembly, the Government Office, central ministries, branches, and leaders of provinces and cities.

Speaking at the opening of the conference, Minister of Finance Nguyen Van Thang emphasized that this is a conference of special significance as it is a conference to summarize the first year of the work of the new organizational apparatus of the Ministry of Finance after merging the Ministry of Finance, the Ministry of Planning and Investment, the State Capital Management Committee at Enterprises and Vietnam Social Insurance.

The Minister said that 2025 will continue to be a year with many difficulties and challenges beyond forecasts, especially uncertain and unpredictable fluctuations in the financial and trade markets; natural disasters, floods, climate change causing heavy damage. In that context, the Ministry of Finance has carried out an unprecedented arrangement of the apparatus from the central to local levels, with a reduction of 37% of focal points.

According to Minister Nguyen Van Thang, thanks to the attention and close direction of the General Secretary, leaders of the Party and State; the strong direction of the Government, especially Prime Minister Pham Minh Chinh, the entire Finance sector has united, overcome difficulties and challenges and achieved many remarkable results.

The Minister stated that in 2025, the Ministry of Finance has focused on building the largest volume of legal documents and policies ever, associated with innovation in thinking and working methods, promoting decentralization and delegation of power. Along with that, the Ministry has advised the Government and the Prime Minister on scenarios and solutions to achieve the economic growth target of 8% or more, controlling inflation at a low level.

fiscal policy is managed proactively, drastically, effectively, with focus and key points; reduce and extend taxes and fees to support production and business, while improving the effectiveness of budget collection management, collecting correctly, collecting sufficiently, and thoroughly saving regular expenditures to increase development investment expenditures, ensure social security, and strengthen national defense and security.

The Minister also said that the Finance sector has promoted administrative procedure reform, improved the investment and business environment; developed financial and securities markets in a modern and sustainable direction; effectively promoted the social insurance system and insurance market, contributing to minimizing risks for the economy.

In addition to the achieved results, Minister Nguyen Van Thang frankly pointed out great pressures in the coming time, including the requirement to promote total social investment capital to about 40% of GDP to serve the double-digit growth target, along with the requirement to continue innovating financial and investment policies, meeting increasingly high tasks.

Entering 2026, the Minister emphasized that this is a year of special significance with an economic growth target of 10% or more, while maintaining macroeconomic stability, controlling inflation, ensuring major balances and social security. This requires the entire Finance sector to continue to improve the spirit of solidarity, determination, innovation in thinking and working methods, closely coordinating with ministries, branches and localities.

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