Mr. Dinh Tien Dung ceased to be a member of the Politburo.
At the meeting on the afternoon of June 21, the Central Committee agreed to let Mr. Dinh Tien Dung resign from the position of Politburo member and member of the 13th Party Central Committee according to his personal wishes.
In a statement issued immediately after the meeting, the Central Party Office said that the Central Committee appreciated that Mr. Dinh Tien Dung, when assuming important leadership positions at the Central and local levels, always upheld a sense of responsibility and contributed to the overall achievements at his workplace.
However, according to the report of the Central Inspection Commission, during his tenure as Secretary of the Party Committee and Minister of Finance for the 2016-2021 term, Mr. Dung violated regulations on what party members are not allowed to do, responsibilities to set an example, and working regulations.
Mr. Dung also lacked responsibility in leadership and direction, allowing the Party Committee, the Ministry of Finance and a number of organizations and individuals to commit many violations and shortcomings, causing serious consequences, negative public opinion, and reducing the prestige of the Party organization and the State management agency. Fully aware of his responsibility to the Party and the people, he submitted a request to resign from his assigned positions and retire from work.
Two days ago, the Politburo agreed to let Mr. Dinh Tien Dung resign from his position as Secretary of the City Party Committee for the 2020-2025 term and Head of the Hanoi Delegation of the 15th National Assembly. The Politburo reported to the Party Central Committee to let Mr. Dung resign from his positions according to Party regulations and State laws; the Secretariat decided to warn the Party Committee of the Ministry of Finance for the 2016-2021 term.
The Party Committee of the Ministry of Finance was assessed as not performing, not performing properly, not fully performing the assigned functions and tasks in advising, promulgating mechanisms, policies, and State management of the issuance and trading of individual corporate bonds of enterprises, including enterprises belonging to the "ecosystem" of Van Thinh Phat Group Joint Stock Company, An Dong Group Joint Stock Company; in State management of the budget related to AIC and AIC ecosystems.
Regarding the above violations, at the 42nd session, the Central Inspection Committee decided to warn a series of leaders and former leaders of the Ministry of Finance.
Mr. Dinh Tien Dung (63 years old), from Hoa Lu district, Ninh Binh province; is a member of the 13th Politburo; a member of the Party Central Committee, 11th, 12th, 13th terms; a delegate to the 14th and 15th National Assembly. He was Minister of Finance from June 2013 to March 2021; from April 2021 to present, he has held the position of Secretary of the Hanoi City Party Committee.
After Mr. Dung left his position, the Hanoi Party Committee now has 4 Deputy Secretaries including: Ms. Nguyen Thi Tuyen (permanent) and Messrs. Nguyen Van Phong, Nguyen Ngoc Tuan, and Tran Sy Thanh.
At the meeting, The Party Central Committee has given its opinions on personnel for the Politburo to introduce to the 15th National Assembly to elect as members of the Standing Committee of the 15th National Assembly for the 2021-2026 term.
