The Prime Minister has issued Decision 974, which supplements the regular state budget allocation for central ministries and agencies for 2025 (the third batch).
In this batch, the Ministry of Finance is the agency with the highest number of supported individuals, totaling over 10,400 people. The allocated budget for the ministry amounts to more than VND 11,400 billion, accounting for over 76% of the total support budget.
Following the Prime Minister’s decision, the Ministry of Finance promptly issued a document to its subordinate units, requesting them to allocate and disburse the funds in a timely manner while ensuring that the right beneficiaries receive the correct policies and regulations.
The Ministry of Finance receives an additional VND 11,400 billion to implement policies and benefits for over 10,400 early retirees.
According to the government’s plan for restructuring, the Ministry of Finance has been merged with the Ministry of Planning and Investment, and the Vietnam Social Security has been incorporated into the new structure. Additionally, some functions and tasks of the State Capital Management Committee and the National Financial Supervision Center have been transferred to the Ministry of Finance, which retains its original name.
As of March 1st, the restructured Ministry of Finance comprises 35 units, including seven units that have been downgraded from General Department to Department level. The number of room units has decreased by 3,600, equivalent to a 37.7% reduction. The number of leadership positions at the head level has also been reduced proportionally to the number of unit reductions.
Following the completion of the merger, Minister of Finance Nguyen Van Thang stated that the number of civil servants, public employees, and laborers in the finance sector decreased by 9,460 this year, and it is expected to further reduce by approximately 10,000 next year.
“This is not just a change in organizational structure,” emphasized the Minister of Finance, “but also an opportunity to restructure and improve the sector’s effectiveness.”
A total of VND 14,940 billion has been added to the regular state budget allocation for 23 central ministries and agencies in 2025 (third batch) to provide benefits for nearly 13,170 people. The Supreme People’s Court received the second-highest amount of support, with VND 1,195 billion allocated for nearly 880 people.
The Ministry of Construction ranked third in terms of total funding, with over VND 510 billion provided for more than 400 people. Meanwhile, at the Ministry of Agriculture and Rural Development, more than 290 people received a total of over VND 300 billion. The National Assembly Office provided support to 74 people, totaling over VND 74 billion.
The Government Inspectorate had the smallest number of supported individuals, with only one person receiving support totaling over VND 1.8 billion. The Office of the President and the Ministry of Culture, Sports, and Tourism each supported three people, with funding amounts of over VND 2.6 billion and VND 2.9 billion, respectively.
Earlier, on May 17, the National Assembly passed Resolution 196, which supplements VND 44,000 billion to the central budget for 2025 to pay for the regime of officials, public employees, and laborers.
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