Vietnamese
This requirement is outlined in Resolution No. 29/NQ-CP, which promulgates the Action Program for implementing Resolution No. 79-NQ/TW, dated January 6, 2026, of the Politburo on the development of the state economic sector.
Under the Action Program for the implementation of Resolution No. 79-NQ/TW promulgated together with Resolution No. 29/NQ-CP, with respect to off-budget state financial funds, the Government requires ministries, agencies, and local authorities to review and finalize relevant legal provisions governing the operation of off-budget state financial funds in order to enhance the effectiveness and efficiency of management of such funds.
In addition, overlapping, ineffective, and development-inappropriate off-budget funds shall be urgently reviewed, consolidated, and dissolved; the number of focal points shall be reduced to increase scale and improve the efficiency of capital utilization of the funds; inspection and supervision of the management and use of the funds shall be strengthened; and digital transformation, disclosure of information, and disclosure of operational results shall be promoted.
The consolidation and dissolution of off-budget state financial funds shall be carried out in accordance with the following principles:
Conduct a comprehensive review and assessment of operational effectiveness and the degree of overlap in objectives, tasks, and beneficiaries; consolidate funds with similar functions and tasks;
Dissolve funds that operate ineffectively and are no longer suitable for development requirements; reduce focal points to increase scale and improve the efficiency of capital utilization;
Ensure openness and transparency;
Fully settle assets, sources of capital, financial obligations, and the lawful rights and interests of related organizations and individuals.
The formulation and implementation of a plan to reform off-budget state financial funds shall follow the direction of:
Entrusting the financial management of funds to banking institutions and professional finance companies;
State agencies focusing solely on formulating criteria and conditions for the mobilization and disbursement of capital from the funds.
Mobilizing socialized resources and reducing dependence on the state budget.
At the same time, the strict non-establishment of new off-budget state financial funds shall be implemented, except for urgent and essential cases as required by the Politburo and the Central Committee of the Communist Party of Viet Nam.
