Under Prime Ministerial Decision No.16/2025/QD-TTg, signed by Deputy Prime Minister Ho Duc Phoc on June 16, the National Financial Supervisory Commission (NFSC) has been dissolved.

 All functions and tasks of the NFSC will be therefore transferred to the Ministry of Finance, the State Bank of Viet Nam, the Government Inspectorate and the Government Office.

The Commission  was established in 2008, with  tasks assigned to advise the Prime Minister in analyzing, evaluating and forecasting the impact of financial market on macro economy and the impacts of macroeconomic policies on the financial market.

It was also responsible for assisting the Prime Minister in coordinating the supervision of the national financial market (banking, securities, insurance), helping the Prime Minister to carry out general supervision of the national financial market.

The dissolution of the Commission is part of Vietnam's ongoing overhaul of the political system to make it more efficient and to save budget for development investment.