The world economy is facing many uncertainties, and geopolitical tensions have not cooled down, causing increasing pressure on monetary policy management for the banking sector and the new Governor of the State Bank of Vietnam (SBV) Pham Duc An.

On April 8, Le Manh Hung was approved by the National Assembly as Minister of Industry and Trade for the 2026-2031 term, stepping into a role defined by mounting pressure on both energy supply and the structure of Vietnam’s external trade.

As Vietnam targets double-digit growth, the new finance minister must navigate fiscal reforms, remove bottlenecks, and ensure sustainable economic momentum in an uncertain global landscape.

Prime Minister Le Minh Hung has signed Decision No. 666 outlining the assignment of responsibilities for the prime minister and six deputy prime ministers.

Among 23 cabinet members, three female leaders bring extensive experience from local to central roles.

Several senior officials, including ministers and deputy ministers, have secured seats in Vietnam’s newly elected legislature.

Prime Minister Pham Minh Chinh has officially assigned duties to Deputy Prime Ministers under the Government’s latest reshuffle.

Among the deputy ministers transferred to localities recently, many have continued to stay in provinces/cities, or moved to other localities to hold significant positions; some have returned to the central government to prepare for a new journey.

Vietnam’s Ministry of Culture, Sports, and Tourism has assigned Deputy Minister Le Hai Binh to manage press, broadcasting, and digital media as part of a leadership restructuring plan.

Prime Minister Pham Minh Chinh signs key appointments, assigning new deputy ministers to Foreign Affairs, Agriculture, Finance, and more.

On February 25, Prime Minister Pham Minh Chinh officially assigned responsibilities to the Deputy Prime Ministers, outlining their areas of oversight and leadership.