VietNamNet Bridge – From February 6, Deputy Prime Minister Vu Van Ninh has been in charge of the Ministry of Finance. Finance Minister Vuong Dinh Hue will focus on the job at the Central Committee for Economics.

Deputy Prime Minister Vu Van Ninh (left) and Head of the Central Committee for Economics Vuong Dinh Hue at the first trading session of the Hanoi Stock Exchange (HNX) on February 18.

According to the Government Office, the decision on the assignment of Deputy Prime Minister Vu Van Ninh to be in charge of the Ministry of Finance was signed by Prime Minister Nguyen Tan Dung in January 2013. Ninh began performing his duty from February 6.

With this decision, Vuong Dinh Hue will not continue concurrently Minister of Finance again that focus on work at the Central Economic Committee, as Chairman. Deputy Prime Minister Vu Van Ninh will be directly in charge of the Finance Ministry to the Prime Minister to the National Assembly approved the new position on the mid-year meeting.

However, Mr. Dang Dinh Luyen, Vice Chair of the National Assembly's Legal Committee, said in reality, although it is very rare, the Prime Minister can assign a cabinet member to temporarily undertake a position in a ministry. This should be considered as internal affairs of the Government. But legally, he said that Mr. Hue still remains as the official Finance Minister until the National Assembly performs the dismissal procedures, possibly at the session in May 2013.

As being assigned by the Prime Minister, Deputy Prime Minister Vu Van Ninh can be directly in charge of the Ministry of Finance, but Hue is legally the Finance Minister.

Deputy Prime Minister Vu Van Ninh served as the Minister of Finance from 2006, before Vuong Dinh Hue held this position from August 2011.

Compiled by Tran Cham