Lê Minh Hưng

Hưng graduated from Vietnam National University with a Bachelor of Arts in French culture and language, and holds a master's degree in economics and public policy from Saitama University, Japan. He also attended a market economy and financial analysis course at the Shanghai University of Finance and Economics (SUFE) in 1996.^[5][6]

In January 2010, Hưng was appointed as a member of the Central Committee of the Communist Party of Vietnam and Director General of the Personnel and Organization Department at the State Bank of Vietnam. In October 2011, then-Prime Minister Nguyễn Tấn Dũng appointed him as Deputy Governor. Hưng continued serving as a member of the Party Committee, assisting Central Committee member Nguyễn Văn Bình, who at the time was the Secretary of the Party Committee and Governor of the State Bank of Vietnam.^[7]

On January 2016, at the 12th National Congress of the Communist Party of Vietnam, Hưng was elected as a member of the Central Committee for the 2016 - 2021 term.^[8]

At the beginning of the new term, then-Prime Minister Nguyễn Xuân Phúc nominated and recommended Hưng for the position of Governor of the State Bank of Vietnam. On 9 April 2016, the 14th National Assembly of Vietnam conducted a secret ballot, with 403 out of 486 votes in favor (81.58%), approving Hưng's appointment as Governor.^[9] Hưng was subsequently appointed by then-President Trần Đại Quang as Governor of the State Bank of Vietnam, replacing Bình, who was reassigned as Head of the Central Economic Commission of the Communist Party of Vietnam.^[10]

Hưng was appointed by the Central Committee as Secretary of the Party Committee of the State Bank of Vietnam, becoming the youngest leader of the State Bank at the age of 46, and the youngest ministerial-level official and head of a sector in the Government of Vietnam for the 2016 - 2021 term under Phúc cabinet.^[10]

During nearly one full term leading the country’s financial and banking sector, Hưng and Deputy Governor Nguyễn Thị Hồng directed policies to address monetary issues in Vietnam, including controlling inflation, restructuring poor-performing banks, reducing interest rates, directing credit toward production and business activities, and lowering bad debts. By 2020, on-balance-sheet non-performing loans (NPLs) in the credit institution system had been further resolved, controlled, and maintained below 3%.^[11]

On 11 November 2020, Phúc submitted a proposal to the 14th National Assembly to approve Hưng's dismissal from the position. After the dismissal, Hưng stepped down, concluding more than 20 years of service in the fields of finance, currency, and banking, and moving on to a new phase in his career.^[12]

During the series of Party Congresses from local to central levels in preparation for the 13th National Congress of the Communist Party of Vietnam in 2021, on 15 October 2020, the Politburo of the Communist Party of Vietnam decided to appoint Hưng as Chief of the Office of the Central Committee, replacing Nguyễn Văn Nên, who had been introduced to be the Secretary of the Ho Chi Minh City Party Committee.^[13] In this role, Hưng was responsible for advising and assisting the Central Committee - directly the Politburo and the Secretariat - in organising and coordinating the Party’s leadership activities, coordinating the work of central advisory bodies, advising on principles and regulations for managing Party finances and assets, directly managing the finances and assets of central Party agencies, ensuring logistical support for Party activities, and serving as a central hub for information to support leadership.^[14]

On 30 January 2021, at the 13th National Congress, Hưng was elected as a full member of the 13th Central Committee of the Party. On 31 January 2021, at the first plenary session of the 13th Central Committee, he was elected as a member of the Party Secretariat.^[15]

On 16 May 2024, the Politburo assigned Hưng - then a member of the Secretariat and Chief of the Central Committee Office, to serve as Head of the Central Organization Commission.^[16]

On 7 February 2026, Hưng announced that the Politburo would establish a Central Steering Committee to oversee amendments and supplements to the Party Charter. The Politburo and the Secretariat requested relevant bodies to propose necessary revisions to ensure the Charter aligns with practical conditions and meets the requirements of the new era, with plans to revise it alongside the Political Platform at the 15th Party Congress (2031), marking the Party’s 100th anniversary in 2030.^[17] On 23 January 2026, at the 14th National Party Congress, Hưng was elected to the Politburo for the 14th Central Committee.^[18]