According to a report delivered by the department’s Director Lieutenant General Nguyen Hong Lam, the department has successfully fulfilled all assigned tasks since the merger of the former Finance, Planning and Investment, and Economics Departments one year ago. The restructuring has helped streamline procedures, strengthen decentralization and accelerate administrative reform, while maintaining the effectiveness of military and defense operations.
The department has also advised the MND on issuing guidance for budget planning, implementation, and settlement in accordance with the State Budget Law and the specific requirements of military and defense activities. It has completed budget settlement reviews for units directly under the ministry and reported on financial support mechanisms for commune-, ward-, and special-zone-level military commands operating under the two-tier local government.
    |
 |
|
Sr. Lt. Gen. Nguyen Quang Ngoc chairs the event. |
Regarding the medium-term public investment plan for the 2026-2030 period, the Finance Department proposed that the Government allocate additional funding from contingency reserves, revenue increase, and central budget savings to support urgent and key defense projects. The department also submitted recommendations on future salary policy reforms for the armed forces and cipher forces, while proposing revisions and additions to military benefit policies aimed at improving servicemembers’ living standards and income.
Concluding the meeting, General Ngoc instructed the Finance Department to promptly report several key issues to the MND’s leadership, including the allocation of the state budget for pending and unforeseen tasks in 2026, approval of the budget settlement for military units in 2025, and implementation of the medium-term public investment plan funded through regular state budget expenditures for national defense in the 2026-2030 period.
He also called for additional budget allocations in 2026 to support the base salary increase to be effective July 1, as well as newly issued policies and urgent emerging tasks.
The deputy minister emphasized the need to accelerate the implementation and disbursement of public investment capital in 2026. He directed the Finance Department to advise the MND on establishing working delegations to directly address difficulties and bottlenecks at military units, with the goal of fully disbursing 100% of the public investment capital allocated by the Government by the end of 2026.
For major projects involving large budgets, he requested stricter appraisal and oversight to ensure compliance with legal regulations. The Finance Department was also tasked with continuing reviews of military enterprises and defense-economic missions, focusing on organizational structures, mission performance, and operational efficiency.
Translated by Tran Hoai