Leaders of corporations under the Ministry of Industry and Trade must publicly disclose their income.

Leaders of the Ministry of Industry and Trade, the Ministry's Office, committees and boards under the Ministry, foreign trade offices, persons appointed by the Ministry as Controllers, representatives of State capital at joint stock enterprises under the Ministry... must declare and verify their assets and income.

The Minister of Industry and Trade has just issued a document requesting units, corporations, general companies... in the industry and trade sector to strictly implement transparency of assets and income.

Specifically, Minister Tran Tuan Anh requested units to seriously, fully and correctly implement regulations on building and implementing plans, declaring, publicizing declarations, verifying and handling transparency of assets and income in 2016.

The Ministry of Industry and Trade assigns the Ministry Inspectorate to be the focal point for inspecting, examining, synthesizing, and reporting on the transparency of assets and income of the Ministry of Industry and Trade.

The Ministry of Industry and Trade wants transparency in assets and income of officials.

The Department of Personnel Organization shall guide, urge, organize the declaration, publicize, summarize, and report on the transparency of assets and income of the Ministry's agencies. This includes leaders of the Ministry of Industry and Trade, the Ministry's Office, Committees, Boards under the Ministry, Trade Offices abroad, persons appointed by the Ministry as Controllers, representatives of State capital in joint stock enterprises under the Ministry...

The salaries of leaders of corporations and State-owned corporations in general and SOEs under the Ministry of Industry and Trade in particular are always of public interest.

For example, in 2015, the leaders of Vietnam National Coal and Mineral Industries Group had an average income of 52 million VND/month, while the average salary was 48.4 million VND/month.

At Vietnam Electricity Group (EVN), in 2015, the pre-tax income of the EVN chairman was 618 million; the general director received 606 million VND. The highest was Mr. Mai Quoc Hoi, a member of the Board of Directors, with an income of 867 million VND. The reason Mr. Mai Quoc Hoi's income was high was because he was previously the representative of state capital at An Binh Commercial Joint Stock Bank.

At the Vietnam Tobacco Corporation, each leader of the Corporation receives an average of 44.1 million VND/person/month. For the whole year of 2015, each leader of the Vietnam Tobacco Corporation is receiving 528 million VND/person/year.

Recently, the Minister of Industry and Trade has also had a policy of reducing the number of Departments, Bureaus, and Institutes to reduce the cumbersomeness of the apparatus. It is expected that this reorganization will help the Ministry of Industry and Trade reduce from 35 focal points to 28 focal points. The number of units after the rearrangement will be reduced by 7 units compared to the present.

Specifically, the General Department of Energy is expected to split into one department and two divisions; the Department of Mountainous Trade Market will be merged into the Department of Domestic Market; the Department of Chemicals, the Department of Light Industry, and the Department of Heavy Industry will be merged into the Department of Industry.

In addition, the Department of Finance is partly separated into the Department of Planning, partly into the Department of Enterprise Innovation and Development; the Department of Human Resources Development (formerly separated from the Department of Organization), now merged into the Department of Personnel Organization; the Department of Emulation and Commendation and the Southern Affairs Department (formerly the representative office of the Ministry of Industry and Trade in Ho Chi Minh City) are merged into the Ministry Office,...

In addition, two research institutes, the Institute of Trade Research and the Institute of Industrial Policy and Strategy Research, merged into one Institute.

According to vietnamnet