As Vietnam continues to experience rapid economic growth and development, the need for effective regulation and oversight of various industries has become a top priority.
In order to ensure the country’s sustainable development and protect the interests of its citizens, the Vietnamese government has established numerous regulatory agencies.
Below is a list of the top 20 regulatory agencies in Vietnam:
1. Ministry of Planning and Investment (MPI):
The MPI is responsible for formulating and implementing socio-economic development plans and policies. It also oversees foreign investment and trade activities in Vietnam.
2. State Bank of Vietnam (SBV):
As the country’s central bank, the SBV is responsible for regulating monetary policy, managing the national currency, and supervising the banking sector.
3. Ministry of Finance (MOF):
The MOF is responsible for managing the country’s public finances, formulating tax policies, and overseeing the budget.
4. Ministry of Industry and Trade (MOIT):
The MOIT is in charge of promoting and regulating the country’s industrial and trade activities. It also oversees the energy sector and foreign trade policies.
5. Ministry of Natural Resources and Environment (MONRE):
The MONRE is responsible for managing and protecting the country’s natural resources and environment. It also enforces environmental regulations and policies.
6. Ministry of Agriculture and Rural Development (MARD):
The MARD is responsible for managing and developing the country’s agriculture, forestry, and fisheries sectors. It also oversees rural development and land use policies.
7. Ministry of Transport (MOT):
The MOT is in charge of regulating and developing the country’s transportation infrastructure, including roads, railways, waterways, and aviation.
8. Ministry of Construction (MOC):
The MOC is responsible for managing and regulating the country’s construction sector. It also oversees urban planning and housing policies.
9. Ministry of Health (MOH):
The MOH is responsible for formulating and implementing healthcare policies and regulations. It also oversees the country’s healthcare system and medical services.
10. Ministry of Education and Training (MOET):
The MOET is in charge of regulating and developing the country’s education system. It also oversees policies related to vocational training and higher education.
11. Ministry of Science and Technology (MOST):
The MOST is responsible for promoting and regulating scientific research and technological development in Vietnam. It also oversees intellectual property rights and standards.
12. Ministry of Culture, Sports and Tourism (MCST):
The MCST is responsible for promoting and regulating the country’s cultural, sports, and tourism activities. It also oversees the preservation of cultural heritage and tourism development.
13. Ministry of Labour, Invalids and Social Affairs (MOLISA):
The MOLISA is responsible for formulating and implementing policies related to labour, employment, and social welfare. It also oversees the protection of workers’ rights.
14. Ministry of Information and Communications (MIC):
The MIC is responsible for regulating and developing the country’s information and communication technology sector. It also oversees media and telecommunications policies.
15. Ministry of Public Security (MPS):
The MPS is responsible for maintaining public order and security in Vietnam. It also oversees immigration, national security, and cybercrime prevention.
16. Ministry of Justice (MOJ):
The MOJ is responsible for formulating and implementing legal policies and regulations. It also oversees the country’s judicial system and legal proceedings.
17. Ministry of Foreign Affairs (MOFA):
The MOFA is responsible for managing and promoting Vietnam’s foreign relations and diplomacy. It also oversees the country’s international treaties and agreements.
18. Ministry of Home Affairs (MOHA):
The MOHA is in charge of managing and regulating the country’s administrative system. It also oversees civil service recruitment, training, and management.
19. Vietnam Competition and Consumer Protection Authority (VCCPA):
The VCCPA is responsible for enforcing competition and consumer protection laws in Vietnam. It also promotes fair and transparent market practices.
20. State Securities Commission (SSC):
The SSC is responsible for regulating and supervising the country’s securities market. It also oversees the operations of stock exchanges and securities companies.