Global Economic Times

Vietnam Ministry of Finance Vows All-Out Effort to Accelerate Digital Transformation: Declaring a 'No Tolerance for Delay' Principle: Yim Kwangsoo Correspondent / Updated : 2025-10-09 20:01:24

The Vietnam Ministry of Finance (MoF) is accelerating the implementation of Resolution 57 and Project 06, key national digital transformation tasks, and has powerfully declared a 'No Tolerance for Delay' principle across all its departments. The MoF believes the successful completion of digital transformation is crucial for national innovation and sustainable economic growth, thus escalating pressure to ensure all assigned tasks are completed qualitatively and effectively by the deadline.

Key National Tasks: Resolution 57 and Project 06

At a ministry steering committee meeting held last Wednesday (the 8th), Finance Minister Nguyễn Văn Thắng warned that "all assigned tasks must be completed on schedule, with guaranteed quality and effectiveness," and that no objective excuses for delay would be accepted. This reaffirms Vietnam’s commitment to making the leap to a digital economy a core national objective.

Resolution 57-NQ/TW (Resolution 57): Promulgated in December 2024, it targets breakthrough development in national science, technology, innovation, and digital transformation. The MoF was assigned a total of 228 tasks under this resolution and has completed 99 so far.
Project 06: Approved by the government in January 2022, its main goal is to support national digital transformation through the development of population data and digital identity. To implement this project, the MoF has reviewed 65 information systems and 17 key databases, ensuring smooth data sharing between central and local levels.

Status and Achievements of Digital Transformation in the Finance Sector

The MoF has made concrete progress, particularly in streamlining administrative procedures and digitizing public services. Following the announcement of 899 administrative procedures and a review of 982 public services, 174 procedures were identified for simplification through data utilization. Already, 60 procedures and 228 required documents have been replaced by information from the national database, and 6 online public services are being piloted on the National Public Service Portal.

These efforts are laying the groundwork for increased transparency in financial administration and enabling citizens and businesses to handle tax, customs, and other related tasks more conveniently. (Image of a person using a digital public service portal on a tablet)

Future Key Tasks and Strengthening Accountability

Minister Nguyễn Văn Thắng instructed each department to meticulously review progress, update completed tasks, and bear full responsibility in the event of delays. Deputy Ministers emphasized the urgent need for inter-departmental cooperation and strengthening internal capacity, particularly through improving coordination, clarifying delay reporting, enhancing data quality, and accelerating digital connectivity during October.

Furthermore, the Minister urged an all-out effort on legislative work, including the proposed amendments to the Personal Income Tax Law and the Tax Administration Law, to solidify the institutional foundation. He also requested the General Statistics Office to develop an objective methodology to measure the extent to which innovation and digital transformation contribute to economic growth, calling for support from customs, tax, and business agencies. This is seen as an intent to quantify the performance relative to the input of digital transformation, which will then serve as evidence for future policymaking.

This strong commitment from the Ministry of Finance demonstrates that the Vietnamese government recognizes digital transformation is no longer optional but a core driver determining national competitiveness and future sustainability.