A series of solutions to improve administrative reform results in the Finance sector

VCN - According to recently announced results, the Ministry of Finance is in the group of 3 leading ministries and ministerial-level agencies in the Administrative Reform Index 2023. However, some component criteria of the Ministry of Finance are still ranked at the lower level. To overcome this, the Finance sector proposed many synchronous and key solutions.
The Ministry of Finance has seriously, and synchronously implemented key tasks and solutions for administrative reform.
The Ministry of Finance has seriously, and synchronously implemented key tasks and solutions for administrative reform.

On April 17, 2024, the Ministry of Home Affairs held a conference to announce the Satisfaction Index of Public Administrative Services 2023 (SIPAS) and the 2023 Administrative Reform Index (PAR Index) of ministries and ministerial-level agencies, People's Committees of provinces and centrally run cities.

According to the report summarizing the scoring results of the 2023 Administrative Reform Index of ministries and ministerial-level agencies officially announced at the Conference, the Ministry of Finance continued to rank 3rd out of 17th. Ministries and ministerial-level agencies with 89.18 out of 100 points. This is the 10th consecutive year (from 2014 - 2023), the Ministry of Finance is in the group of 3 ministries and ministerial-level agencies leading in PAR-Index.

However, besides the achieved results, the 2023 PAR Index showed that some component criteria of the Ministry of Finance were still ranked at the lower level of the evaluation table.

These component criteria mainly belong to the group of criteria: development of legal documents based on the approved legal development program; carrying out an impact assessment of administrative procedures; publishing administrative procedures, and posting administrative procedures into the national database after publication; building and operating the Ministry of Finance reporting system and criteria through sociological surveys.

To continue to maintain and improve the ranking position of the Ministry of Finance's PAR Index, continue to facilitate people and businesses, contribute to improving the business environment, and enhance national competitiveness in the coming time, the Minister of Finance requested the heads of units under the Ministry to focus on implementing key groups of administrative reform solutions.

Accordingly, the Ministry of Finance requires units to carefully and fully study the set of criteria and to determine the PAR Index, especially some component criteria that have not yet achieved the maximum score to implement solutions more efficiently in 2024; synchronously deploy solutions to accelerate the disbursement of public investment capital, ensuring progress according to the approved plan.

At the same time, continuing to effectively implement tasks following the Ministry of Finance's Administrative Reform Plan for the period 2021-2025, plan to implement Resolution 01/NQ-CP, Resolution 02/NQ- CP, Administrative Reform Plan 2024 of the Ministry of Finance,... to ensure timely implementation of tasks assigned by the Government and Prime Minister.

The Ministry of Finance also determined to continue to develop effective solutions to speed up the construction progress and promulgate documents detailing and guiding the implementation of Laws and Resolutions approved by competent authorities; promptly propose to adjust the promulgation time of documents that have not met the schedule; ensuring 100% completion of schemes, projects, and legal documents following the work program approved by competent authorities.

Units must also promptly submit to the Ministry for promulgation a Decision to announce administrative procedures, publicly implement and update administrative procedures on the National Public Service Portal, the Ministry's electronic information portal and at the on-site location under regulations; fully implement the impact assessment of administrative procedures; perform well the handling of administrative procedures for people and businesses.

By Hoài Anh/Thanh Thuy

Related News

Finance sector urgently amends 7 Laws to remove bottlenecks and promote economic growth

Finance sector urgently amends 7 Laws to remove bottlenecks and promote economic growth

VCN - Emphasizing that the development of one law to amend many laws is an important and urgent task of the Ministry of Finance, the Minister of Finance requested relevant units to promptly implement the shortened process to speed up the progress of law development and ensure quality.
Urgent solutions needed to revive the domestic market

Urgent solutions needed to revive the domestic market

VCN - Immediate measures are required to stimulate the domestic market, as the decline in the growth rate of total retail sales and services since 2021 has impacted the contribution of domestic trade to the growth of the service sector and the overall GDP of the country.
Managing fiscal policy has achieved many positive and comprehensive results

Managing fiscal policy has achieved many positive and comprehensive results

VCN - On July 15, the Ministry of Finance held an online conference to summarize state budget financial work in the first 6 months of the year, implementing tasks in the last 6 months of 2024. Minister of Finance Ho Duc Phoc attended and directed the conference. Also attending the Conference were Deputy Ministers of Finance, leaders of units under the Ministry of Finance.
The local Finance sector is flexible and strict in managing budget revenues and expenditures

The local Finance sector is flexible and strict in managing budget revenues and expenditures

VCN - Although the forecast for the last 6 months of the year will still have many difficulties and challenges, the Finance sector in all localities expressed their determination to strive to achieve and exceed estimates, while strengthening the prevention of revenue loss and handling tax debt recovery, etc.

Latest News

Continue to publicly disburse public investment capital, many key projects have low rates

Continue to publicly disburse public investment capital, many key projects have low rates

VCN - The Ministry of Finance continues to publicize the disbursement rate of public investment capital plans of many key projects, notably that many projects and component projects have very low disbursement rates.
Public investment disbursement rate in 8 months reaches about 40.5% of the plan

Public investment disbursement rate in 8 months reaches about 40.5% of the plan

VCN - The low disbursement rates of some localities that have large disbursement plans, have greatly affected the overall disbursement rate of the whole country, the Ministry of Finance released.
State revenue in 8 months increased by about 18%

State revenue in 8 months increased by about 18%

VCN – In the first eight months of the year, the accumulated state revenue is estimated to increase by 17.8% year-on-year to VND1,335.6 trillion, meeting 78.5% of the estimate.
Challenges of collecting e-commerce tax losses

Challenges of collecting e-commerce tax losses

Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.

More News

Green finance brings both new opportunities, challenges to Vietnam: Experts

Green finance brings both new opportunities, challenges to Vietnam: Experts

The promotion of green and sustainable financial development has created both new opportunities and challenges for the financial system in Vietnam, according to experts.
Vietnam has 4 enterprises providing credit rating services

Vietnam has 4 enterprises providing credit rating services

VCN - The Ministry of Finance said that, according to the provisions of Decree No. 88/2014/ND-CP, enterprises providing credit rating services must be granted a Certificate of eligibility to provide credit rating services by the Ministry of Finance.
Banks minimize costs, optimize profits

Banks minimize costs, optimize profits

VCN - In the first months of the year, banks' ability to optimize costs has improved significantly, especially when many banks have actively transformed digitally and cut costs in the context of a difficult economy.
Amending the law to unblock and effectively use public property

Amending the law to unblock and effectively use public property

VCN - Amending and supplementing the Law on Management and Use of Public Property will strengthen decentralization, simplify administrative procedures, increase initiative and self-responsibility for grassroots units to perform assigned tasks. Along with that, decentralization will be linked with increased inspection and supervision by competent agencies.
Pressure on exchange rate plunges

Pressure on exchange rate plunges

VCN – The State Bank of Vietnam (SBV) has taken measures including intervening in the foreign exchange market and tightening liquidity to reduce pressure on the Vietnamese dong exchange rate.
Corporate bond trading floor develops strongly after one-year operation

Corporate bond trading floor develops strongly after one-year operation

VCN - After nine-month preparation, the centralized trading system of privately placed corporate bonds has officially run at the Hanoi Stock Exchange (HNX) on July 19, 2023. After one-year operation, the system has operated safely and smoothly, the scale of privately placed corporate bond trading market has developed strongly, along with the improvement of the placement of private corporate bond in the primary market.
Closely and effectively managing State fund

Closely and effectively managing State fund

VCN - Following the socio-economic management policies and the state budget estimate for 2024, the State Treasury has managed the state fund proactively, publicly and effectively, thereby ensuring the state budget balance.
New eTax Mobile application 3.2.0 officially launched

New eTax Mobile application 3.2.0 officially launched

VCN – The General Department of Taxation has launched the latest version of the eTax Mobile application 3.2.0, which simplifies tax payment process, provides many outstanding utilities to help taxpayers use more quickly, easily and safely.
Vietnam and Japan promote cooperation

Vietnam and Japan promote cooperation

VCN - On August 28, Deputy Prime Minister and Minister of Finance Ho Duc Phoc had a working session with the Japanese Senate delegation led by Mr. Nakanishi Yusuke, Senator of the Liberal Democratic Party.
Read More

Your care

Latest Most read
Continue to publicly disburse public investment capital, many key projects have low rates

Continue to publicly disburse public investment capital, many key projects have low rates

The Ministry of Finance continues to publicize the disbursement rate of public investment capital plans of many key projects, notably that many projects and component projects have very low disbursement rates.
Public investment disbursement rate in 8 months reaches about 40.5% of the plan

Public investment disbursement rate in 8 months reaches about 40.5% of the plan

VCN - The disbursement for the Socio-Economic Recovery and Development Program is VND 4,931.4 billion (reaching 79.32% of the plan assigned by the Prime Minister), the National Target Program is VND 13,812.4 billion (reaching 50.74% of the plan assigned b
State revenue in 8 months increased by about 18%

State revenue in 8 months increased by about 18%

VCN - According to the Ministry of Finance, the total revenue is estimated at VND101.3 trillion, meeting 6% of the estimate, and 57.5% of the average revenue of the first 7 months of the year.
Challenges of collecting e-commerce tax losses

Challenges of collecting e-commerce tax losses

Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.
Green finance brings both new opportunities, challenges to Vietnam: Experts

Green finance brings both new opportunities, challenges to Vietnam: Experts

The promotion of green and sustainable financial development has created both new opportunities and challenges for the financial system in Vietnam, according to experts.
Mobile Version