On March 2, the Ho Chi Minh City Department of Finance held a ceremony to announce the establishment of the Department and announce and hand over the Personnel Decision, on the basis of merging the Department of Planning and Investment and the Department of Finance, and at the same time receiving the Ho Chi Minh City Enterprise Management Innovation Board.

Ms. Le Thi Huynh Mai was appointed as Director of the Department of Finance. Deputy Directors include: Mr. Nguyen Hoang Hai, Mr. Dinh Khac Huy, Ms. Tran Mai Phuong, Mr. Nguyen Ngoc Thao, Mr. Quach Ngoc Tuan, Mr. Pham Trung Kien, Mr. Do Dang Ai.

The Department of Finance performs the function of advising and assisting the Ho Chi Minh City People's Committee in state management of: finance; state budget; city planning; investment plans, socio-economic development; public investment; mechanisms and policies in economic fields, attracting investment resources, restructuring the economy, developing new economic models, new business methods, supporting enterprises, developing regional linkages, cooperating with localities; domestic investment, foreign investment and public-private partnership in the area.

Along with that is the management of local government debt; management of official development assistance (ODA), preferential loans from donors and non-refundable aid sources not belonging to official development assistance from foreign agencies, organizations and individuals; fees, charges and other revenues of the state budget; bidding; business registration within the city; synthesis and unified management of issues on enterprises, state enterprise finance; collective economy, cooperative economy, private economy; public assets; non-budgetary state financial funds; accounting; independent auditing; the field of prices and financial service activities in the city and the organization of the provision of public services under the state management scope of the Department according to the provisions of law.

Regarding the organizational structure, the Department of Finance has 15 departments and equivalents including: Office; Inspectorate; General Department and Budget Management; Department of Administrative and Local Finance; Budget Settlement Department; Department of Public-Private Partnership and Debt Management; Department of Industry Economics; Department of Science, Education, Culture and Society; Department of Bidding and Investment Supervision; Department of Foreign Economic Relations; Department of Business Registration; Department of Enterprises, Collective and Private Economy; Department of Public Asset Management; Department of Price Management; Department of Enterprise Finance.

In addition, the Ho Chi Minh City Department of Finance has a public service unit, the Center for Bidding Consulting, Investment Support and Enterprise Development.