On the afternoon of November 28, at the 8th session of the 15th National Assembly, the resolution ratifying the appointment of Mr. Nguyen Van Thang as Minister of Finance was passed.
Mr. Nguyen Van Thang assumes this position, succeeding Mr. Ho Duc Phoc, who is currently the Deputy Prime Minister.
Earlier that day, during the morning session on personnel work, the National Assembly approved the dismissal of Mr. Nguyen Van Thang from the position of Minister of Transport and the dismissal of Mr. Ho Duc Phoc from the position of Minister of Finance.
New Minister of Finance Nguyen Van Thang
The new Minister of Finance, Nguyen Van Thang, was born in 1973 in Hanoi. He holds a Senior Political Theory level and a Doctorate in Finance and Monetary Theory.
Mr. Nguyen Van Thang has a long career with the Vietnam Industrial and Commercial Bank. From 1996 to 2000, he was an officer in the Foreign Business Department of the Vietnam Industrial and Commercial Bank – Ba Dinh Branch.
Between 2001 and 2009, Mr. Nguyen Van Thang held various positions at the Vietnam Industrial and Commercial Bank. In early 2010, he became the Director of the Vietnam Industrial and Commercial Bank (Vietinbank) – Hanoi Branch. Mr. Nguyen Van Thang held this position until June 2011, after which he was appointed as a Member of the Board of Directors and Acting General Director of Vietinbank.
From December 2011 to May 2013, Mr. Nguyen Van Thang served as a Member of the Board of Directors and General Director of Vietinbank. From 2014 to July 2018, he was the Chairman of the Board of Directors of Vietinbank.
From January 2016 to July 2018, Mr. Nguyen Van Thang was an Alternate Member of the 12th Party Central Committee, a Deputy of the 14th National Assembly (from July 2016), a member of the Central Enterprise Bloc, and Chairman of the Board of Directors of Vietinbank.
From July 2018 to July 2019, he was an Alternate Member of the 12th Party Central Committee, a Deputy of the 14th National Assembly, a member of the Quang Ninh Provincial Party Committee, a member of the Party Civil Affairs Committee, and Vice Chairman of the Quang Ninh Provincial People’s Committee.
From July 2019 to October 2020, Mr. Nguyen Van Thang served as an Alternate Member of the 12th Party Central Committee, Deputy Secretary of the 14th Provincial Party Committee, Secretary of the Civil Affairs Committee, Chairman of the Provincial People’s Committee, and Head of the Quang Ninh Provincial Delegation to the 14th National Assembly.
From October 2020 to October 2022, he was a Member of the 12th Party Central Committee (alternate), 13th Party Central Committee (from January 2021), Secretary of the Provincial Party Committee, Head of the Delegation of the National Assembly of Dien Bien province, 14th term (from December 2020) and 15th term (until August 2024), and a member of the Economic Committee of the 15th National Assembly.
From October 2022 to the present, Mr. Nguyen Van Thang has been a Member of the 13th Party Central Committee, Minister of Transport, Deputy of the 15th National Assembly, and a member of the Economic Committee of the National Assembly.
The Congress Proposes the Dismissal of the Minister of Finance and the Minister of Transport
On November 27, Prime Minister Pham Minh Chinh proposed to the National Assembly the dismissal of Ho Duc Phoc, Deputy Prime Minister, from his concurrent position as Minister of Finance, and Nguyen Van Thang from his position as Minister of Transport.
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