[6] On April 5, 2016, at the last session of the 13th National Assembly, Hồ Đức Phớc was elected to hold the position of State Auditor General.

On April 8, 2021, he was nominated by Prime Minister Phạm Minh Chính, approved by the XIV National Assembly and President Nguyễn Xuân Phúc signed a decision to appoint him to the position of Minister of Finance of Vietnam, period 2016 – 2021.

On May 26, 2021, at Decision 767/QD-TTg, Prime Minister Phạm Minh Chính decided to appoint Mr. Hồ Đức Phớc, Minister of Finance and Chairman of the Management Council of Vietnam Social Insurance, to replace him.

Mr. Đinh Tiến Dũng has been appointed as Secretary of the Hanoi Party Committee.

On July 28, 2021, he was nominated by Prime Minister Phạm Minh Chính, approved by the 15th National Assembly and President Nguyen Xuan Phuc signed a decision to appoint him to the position of Minister of Finance of Vietnam, period 2021 – 2026.