Minister of Finance Ngo Van Tuan receives new assignment

PHẠM ĐÔNG |

Minister of Finance Ngo Van Tuan was appointed to concurrently hold the position of Chairman of the Social Insurance Management Council.

Prime Minister Le Minh Hung has just signed Decision No. 825/QD-TTg dated May 11, 2026 on appointing and concurrently holding the position of Chairman of the Management Council of Social Insurance (BHXH).

Accordingly, the Prime Minister appointed Mr. Ngo Van Tuan - Minister of Finance to concurrently hold the position of Chairman of the Social Insurance Management Council, replacing Mr. Nguyen Van Thang - former Minister of Finance who has taken on other tasks.

The decision takes effect from May 11, 2026.

According to Decree No. 197/2025/ND-CP, the Social Insurance Management Council is organized at the national level, responsible for assisting the Government and the Prime Minister in directing and supervising the activities of social insurance agencies and advising on social insurance, unemployment insurance (BHTN), and health insurance (BHYT) policies.

The Board of Directors has the duties, powers and responsibilities through the following contents:

Social insurance industry development strategy, long-term plan, 5 years on implementing policies and laws on social insurance, unemployment insurance, health insurance, long-term investment strategy before the social insurance agency submits it to competent authorities for approval.

Annual plan on implementing policies and laws on social insurance, unemployment insurance, and health insurance.

Annual reports on the implementation of policies and laws on social insurance, unemployment insurance, and health insurance; the situation of management and use of social insurance funds, unemployment insurance funds, and health insurance funds before the social insurance agency submits them to competent authorities.

Annual estimates for revenue and expenditure of social insurance funds, unemployment insurance funds, and health insurance funds; expenditure levels for social insurance, unemployment insurance, and health insurance organizations and activities; finalization reports on social insurance organization and activities before the social insurance agency submits them to competent authorities. Projects and plans to preserve and increase social insurance funds, unemployment insurance funds, and health insurance funds.

Decide and be responsible to the Government for the investment portfolio, investment structure and specific investment methods of social insurance funds, unemployment insurance funds, and health insurance funds based on the proposal of the social insurance agency.

Supervise and inspect the implementation of social insurance agencies on strategies, plans, and projects after they are approved.

Proposing competent state agencies to develop, amend, and supplement policies and laws on social insurance, unemployment insurance, health insurance, social insurance development strategies, consolidate the organizational system of social insurance agencies, and the management and use mechanism of social insurance funds, unemployment insurance funds, and health insurance funds.

PHẠM ĐÔNG
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