restructuring

Update news restructuring

Robust policies needed to promote early retirement for civil servants

National Assembly Vice Chair Nguyen Thi Thanh has called for robust and even exceptional policies to encourage civil servants with 2–4 years left until retirement to step aside, allowing space for young, well-trained cadres to strengthen the system.

Vietnam’s political streamlining: Attracting talent to lead the way

Dr. Nguyen Si Dung advocates for integrating technical expertise into leadership roles as Vietnam streamlines its political apparatus.

Merging Vietnam’s MIC and MST: A bold step for digital transformation

Vietnam plans to merge its Information-Communications and Science-Technology ministries, aiming to create a stronger body to lead national digital transformation efforts.

Vietnam faces budget pressures as administrative costs surge

Vietnam’s state budget struggles to balance revenues and spending, with over VND 1 quadrillion ($41.67 billion) annually allocated to maintaining the administrative apparatus.

PM orders ministries to reduce internal units by 15% in streamlining drive

Prime Minister Pham Minh Chinh has mandated the effective implementation of plans to streamline and restructure government agencies, urging ministries to cut internal units by a minimum of 15%.

Exceptional policies proposed for redundant civil servants in reform

With administrative reform underway, Vietnam prepares a comprehensive policy framework to downsize government operations while maintaining public sector excellence.

Streamlining governance: Decentralization urged to reduce ministerial dependency

At a workshop on streamlining governance, experts argued that centralized decision-making undermines Ministerial authority and creates inefficiencies in Vietnam's administration.

Two ministries merge to drive digital transformation and efficiency

Vietnam’s plan to merge the Ministry of Information and Communications with the Ministry of Science and Technology marks a pivotal step toward advancing digital transformation and streamlining government operations.

Streamlining organizational structures: Key meetings set for February 2025

The Party Central Committee and National Assembly will meet in early 2025 to approve measures aimed at reducing redundancies in administrative machinery.

Visionary leadership vital for Vietnam to avoid economic stagnation

Despite decades of high growth, Vietnam remains at risk of falling into the middle-income trap, highlighting the need for visionary leadership and innovative policies.

PM: Names of merged ministries must ensure continuity and reflect core duties

As Vietnam moves toward a more streamlined governance system, the Prime Minister has directed that restructured agencies maintain names reflecting their missions and heritage.

HCM City to reduce 8 departments and 5 agencies in major restructuring effort

As part of a comprehensive reorganization, HCM City will consolidate its administrative and party structures, reducing 24 Party Committees and multiple government departments.

Prime Minister calls institutional reform the "breakthrough of breakthroughs"

At a Government meeting on legislative development, the Prime Minister outlined key directives to remove obstacles, promote transparency, and foster economic growth.

Efficiency overhaul: Vietnam’s cabinet to shrink by 15-20%

Vietnam’s government is undergoing a major restructuring, reducing its ministries from 30 to 21 as part of a sweeping plan to streamline operations and improve efficiency by 2026.

Government’s media outlets to be streamlined

The Government has sketched out a plan to restructure its media organisations in a strategic move to optimise its operation, according to the Ministry of Home Affairs Pham Thi Thanh Tra.

How have the so-called ‘iron fists’ performed after restructuring?

Having been driven onto the right track, unprofitable state-owned economic groups and general corporations, informally called ‘iron fists’, thanks to their important role in the economy, have recovered strongly.

Restructuring, bad debts prevent VN banks from paying dividends

At Sacombank’s annual general meeting held on June 5 its permanent vice chairman Pham Van Phong said that in 2019 the bank’s pre-tax profit increased by 43.2 per cent to VND3.2 trillion (US$137.5 million), which was 21.4 per cent above the target.

Vietnam ready for new investment influx

Foreign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region.

Plan to restructure Gov't rolls out in 2020: Minister

A master plan to streamline the central Government by trimming down ministries will be developed and determined in 2020, according to Minister of Home Affairs Le Vinh Tan.

 

Efficient resource utilization may help Vietnam GDP grow 9-10%

The public capital must be allocated based on market principles, said an expert.