The Ministry of Finance and the finance sector must take the lead in renewing mindset and institutions this year, truly deserving their role as the Government’s key advisory and coordinating body for macroeconomic management, Prime Minister Pham Minh Chinh said on January 6.

Implementing major resolutions of the Politburo and the Government on institutional reform, the Ministry of Finance is rolling out a coordinated programme to cut business conditions and simplify administrative procedures, aiming to reduce compliance costs and time, improve the investment and business climate, and promote sustainable growth.

The digital transformation assessment index of the Ministry of Finance will measure in a substantive, objective and fair manner the annual digital transformation outcomes of the ministry and its affiliated units.

The Ministry of Finance held a ceremony in Ha Noi on August 8 to celebrate the 80th anniversary of the finance sector’s 80th anniversary (August 28, 1945 – 2025) and to receive the First-Class Independence Order. Party General Secretary To Lam attended and delivered a speech at the event.

Digital transformation is no longer just a trend but a critical engine for growth in Viet Nam’s financial sector, which plays a central role in the country’s digital economy, said Josh Warland, First Secretary for Digital Economy and Technology at the British Consulate General in Ho Chi Minh City.