The Ministry of Finance operates according to a new model, a historical milestone in the era of national rise
March 1, 2025 marks the time when the Ministry officially operates according to the new model, gradually affirming its role as the center for coordinating financial resources, investment, budget and social security.
The Ministry is reorganized on the basis of merging the Ministry of Finance and the Ministry of Planning and Investment, merging Vietnam Social Security, receiving functions and tasks from the State Capital Management Committee at enterprises and some functions and tasks from the Financial Supervision Committee; and at the same time reorganizing 06 general departments and equivalents into department-level units under the Ministry.
Pioneering in building and implementing 07 strategic resolutions of the Central Government, advising on many unprecedented new policies.
2025 is a milestone for the Central Government to issue many strategic resolutions; the Finance sector plays a core role in institutionalizing and implementing 07 resolutions including: Resolution 57-NQ/TW, Resolution 59-NQ/TW, Resolution 66-NQ/TW, Resolution 68-NQ/TW, Resolution 70-NQ-TW, Resolution 71-NQ/TW and Resolution 72-NQ/TW.
In 2025 alone, the Ministry of Finance chaired the submission to the National Assembly of 15 draft laws and resolutions; of which 11 laws and 3 resolutions have been passed, focusing on the fields of taxation, state budget, public debt management, capital market, state-owned enterprise finance, public asset management and specific mechanisms and policies for localities.
Proactively improve the synchronous financial institution, support the smooth and effective operation of the local government at 2 levels
From July 1, 2025, the 2-level local government model will be officially implemented nationwide. The Ministry of Finance has reviewed the system of legal documents under its management, proposing amendments and supplements to regulations directly related to the organization and operation of local governments in fields such as public finance, state budget, public investment, statistics, taxes, fees and charges, and price management.
The Ministry also organized many large-scale training programs, connecting nearly 1,000 bridge points; deployed national online conferences to 34 provinces and cities and more than 3,000 communes and wards; sent officials directly to localities to guide and remove difficulties.
The Finance sector celebrates the 80th anniversary of Traditional Day and receives the First-class Independence Medal.
On August 8, 2025, the Ministry of Finance organized the 80th Anniversary of the Traditional Day of the Finance Industry (August 28, 1945 – August 28, 2025) and received the First-class Independence Medal, with the participation of General Secretary To Lam, Prime Minister Pham Minh Chinh and many Party and State leaders. On the same day, the 5th Patriotic Emulation Congress of the Finance Industry (2025–2030) took place.
On August 21, 2025, the 1st Party Congress of the Ministry of Finance for the term 2025-2030 was successfully held, setting out the new stage goals with 3 breakthroughs: improving leadership capacity; promoting digital transformation and administrative reform; strengthening discipline and order associated with building a contingent of officials. In the series of commemorative activities, the Ministry organized an exhibition "80 years of the Finance - Construction and Development Sector" at the 2025 Vietnam Socio-Economic Achievements Exhibition.
Promoting synchronous data and digital infrastructure, drastically transforming the financial sector comprehensively
The Ministry of Finance identifies science, technology, innovation and digital transformation as important pillars. On October 20, 2025, the Minister signed and issued Decision 3546/QD-BTC approving the Digital Transformation Strategy of the Ministry of Finance to 2030, setting the goal that by 2030 specialized databases will be built, updated, connected and shared fully and uniformly, ensuring "cleanness" and "life", integrated into the National Financial Database; information and public service systems will gradually apply AI and Big Data.
To implement, the Minister issued Decision 2570/QD-BTC dated July 24, 2025 and Decision 3748/QD-BTC dated November 6, 2025 approving the plan to build a national database and a specialized database.
Activate the International Finance Center and upgrade the stock market, creating a foundation to attract high-quality capital flows
In the early morning of October 8th, Vietnam time, FTSE Russell announced the FTSE Shares National Classification Report for September 2025. Accordingly, the Vietnamese market was officially upgraded from the frontier market to the secondary emerging market.
On December 21, 2025, according to Resolution 222/2025/QH15 of the National Assembly, the International Finance Center officially went into operation, Ho Chi Minh City and Da Nang were positioned as centers to deploy and operate according to flexible mechanisms, close to international standards.
In 2025, Vietnam hosted the 4th P4G Summit in Hanoi, with more than 1,000 delegates from over 40 countries; the Ministry of Finance signed financing agreements for 3 large projects with a total loan and aid value of 396.76 million USD.
Promptly advise and effectively implement breakthrough solutions, creating momentum to accelerate towards the GDP growth target of over 8%.
The Ministry of Finance said that it has submitted and promulgated Decree 254/2025/ND-CP and decrees on financial mechanisms for PPP projects and BT contracts; promoted decentralization, simplified processes, and shortened processing time. The Ministry stated the results of 11 months of 2025, disbursement of public investment capital increased by about 155 trillion VND compared to the same period in 2024, contributing to the implementation of the target of disbursing nearly 1 million billion VND of public investment capital.
The capital source was cleared associated with 455 km of expressways put into operation, 6 newly started expressway projects, Tan Son Nhat T3 Terminal and many key infrastructure projects put into operation. Regarding FDI, the Ministry said that in the first 11 months of 2025, FDI capital implemented increased by 8.9% compared to the same period, reaching the highest level in 5 years; foreign investment capital of Vietnamese enterprises in 11 months increased by 2.5 times compared to the same period.
60-day peak campaign" focuses on transforming tax management models for business households
According to the Ministry of Finance, Resolution 68-NQ/TW on private economic development requires the termination of the form of fixed tax for business households no later than 2026. Implementing the resolution, the Ministry issued Decision 3389/QD-BTC dated October 6, 2025 approving the Project on converting the tax management model for business households, orienting to switch to the mechanism of self-declaration and self-payment of taxes from the beginning of 2026.
From November 1, 2025 to December 30, 2025, the Tax sector will deploy the "60-day peak campaign" to support business households to pay contract taxes to switch to the declaration method nationwide. According to the plan, by December 30, 2025, all business households will complete the transition to tax declaration. The Ministry also mentioned the submission to the Government to submit to the 15th National Assembly, the 10th session to amend the Law on Tax Administration and the Law on Personal Income Tax to improve the legal basis for the new model.
State budget revenue sets new record along with the recovery of the economy and effective financial management
The Ministry of Finance said that as of December 15, 2025, state budget revenue reached 2,469 trillion VND, exceeding the estimate by 25.5% (an increase of 502 trillion VND). Domestic revenue increased by 26.7% of the estimate, and balanced revenue from import and export activities increased by 30.8% of the estimate.
The Ministry expects total revenue for the whole year to reach nearly 2.55 million billion VND, exceeding the estimate by 29.9% (588 trillion VND), the mobilization rate into the state budget will reach 19.9% of GDP, creating additional resources to implement salary policy reform, handle important and urgent issues, increase development investment spending and ensure social security.
Proactively advise on budget reserves, promptly issue national reserves to support natural disasters and floods
According to the Ministry of Finance, in budget expenditure management in 2025, the Ministry implements in a flexible and economical direction, prioritizing resources for key tasks such as salary reform, digital transformation, and public investment.
By the end of November 2025, the Ministry will advise the Prime Minister to allocate about 6.8 trillion VND from the central budget reserve in 2025 for affected localities to prevent, combat and overcome the consequences of natural disasters and epidemics, and restore production. The Ministry also issued 27.9 thousand tons of rice along with many rescue and relief materials and equipment from the national reserve to support 18 localities; requested insurance companies to accelerate appraisal, compensation and implement measures to support social security and finance.
