Vietnam: Vietnam Government Restructuring - Major Changes and Expected Impacts

On February 18, 2025, Vietnam's National Assembly approved a major government restructuring, consolidating ministries and agencies, eliminating certain National Assembly and Party committees, and dissolving multiple state-run organizations to streamline operations and support economic growth. The Ministry of Agriculture and Environment (MAE) was formed by merging the Ministry of Agriculture and Rural Development (MARD) with the Ministry of Natural Resources and Environment (MONRE). Led by Minister Ð? Ð?c Duy, the former MONRE Minister, MAE began operating under the new structure on March 1, 2025. The specific functions of its departments will be clarified in forthcoming decisions. While these reforms aim to improve coordination and efficiency, they may also present challenges. Businesses should anticipate potential delays in administrative processes such as approvals, licensing, and permits during the transition period.