First training course
On June 27, the National Assembly passed a Resolution on the International Financial Center in Vietnam with 6 chapters and 35 articles, effective from September 1. To prepare human resources for the International Financial Center expected to be located in Ho Chi Minh City and Da Nang City, the first training course on human resources for the International Financial Center in Vietnam took place at the Vietnam-Germany University from June 26-29.
The course was attended by about 30 leaders and officials from Ho Chi Minh City and Da Nang, representatives of a number of relevant ministries, branches and commercial banks.
The curriculum is designed to be highly intensive and practical, focusing on equipping students with comprehensive knowledge of the roles, functions, and methods of establishing and monitoring the operations of an international financial center in the context of an emerging economy like Vietnam.
The course is taught by leading financial experts from Goethe University Frankfurt, such as Professor Jan Pieter Krahnen, Member of the Academic Advisory Council of the German Federal Ministry of Finance ; Professor Michael Binder, a macroeconomic expert who has taught at the International Monetary Fund (IMF) and the World Bank (WB).
At the opening ceremony of the training course, Deputy Minister of Education and Training Nguyen Van Phuc said that building an international financial center in Vietnam is a major policy identified by the Party, National Assembly and Government as a strategic task in the context of promoting comprehensive and deep international integration.
According to the Deputy Minister, the model of an international financial center with human resources is an urgent requirement and Vietnam needs to prepare a high-quality, professionally trained workforce capable of meeting the strict standards in operating these centers, meeting the requirements of international investors.
“Many studies have shown that successful financial centers such as London, New York, Frankfurt, etc. show that high-quality human resources are the most important factor. In many meetings, Government leaders have repeatedly emphasized the key role of training high-quality human resources in the development of international financial centers in Ho Chi Minh City and Da Nang in the future,” said the Deputy Minister.
Deputy Minister Nguyen Van Phuc said that the first training program is fundamental in nature, so he suggested that in the following courses, Vietnam-Germany University, together with its partner Goethe University Frankfurt, continue to improve and develop training programs that are more closely linked to the activities and operations of the international financial center.
The Deputy Minister asked international experts to share their experience in operating the international financial center, as well as give recommendations and preparations when operating the model in Vietnam.
“The financial market is also changing rapidly with the development of technology, artificial intelligence… combined with the new geopolitical context that will impact international capital flows. I hope that the experience and knowledge of professors in Germany will help students have a clearer vision when operating a financial center in Vietnam,” said the Deputy Minister.
Professor René Thiele, Rector of Vietnam-Germany University, said he was very proud to be chosen as the university to play a key role in the development project of the International Finance Center in Vietnam.
He acknowledged that Vietnam-Germany University and Goethe University Frankfurt have had a long-term cooperative relationship, along with many other related organizations in Germany and highly qualified experts with practical experience in organizing the International Finance Center training program.
“We look forward to contributing to the development of the International Finance Center in Vietnam. I believe that this first training course will always be considered a very important step in the development of the school and also for Vietnam,” said Professor René Thiele.
Human resources play an important role
According to Deputy Minister of Finance Nguyen Thi Bich Ngoc, the goal of building an International Financial Center was set by the Party and State at the beginning of the 2021 term. Currently, the goal of developing an International Financial Center is not only an aspiration but has become a strategy, a "push" to help Vietnam enter a new stage of development.
According to the Deputy Minister of Finance, education and training is the shortest and most sustainable way for Vietnam to take a shortcut and catch international financial flows in the context of traditional financial center markets adjusting and shifting to emerging financial centers.
The leaders of the Ministry of Finance recognized that human resources for the International Financial Center must be Vietnamese, including experts, managers, and operators of the International Financial Center in a systematic manner.
“The strength of Vietnamese people is their love of learning. The quality of domestic human resources is also highly appreciated by the international community and we believe that this is also a plus point for Vietnam when building an international financial center,” said the Deputy Minister of Finance.
Regarding the training program, the leaders of the Ministry of Finance wish to coordinate with the Ministry of Education and Training and the Vietnam-Germany University to develop an in-depth teaching program in the field of finance and banking.
Ms. Nguyen Thi Bich Ngoc said that training programs need to be diversified in types such as short-term, online training... according to groups of issues ordered by State management agencies, ministries and localities.
Training subjects are designed for each program suitable for students, people with university and postgraduate degrees (masters, doctorates), and experts at department and division levels of state agencies.
The knowledge trained closely follows the topics of operation, supervision, technology application... in the activities of the International Financial Center.
“Vietnam can be said to be a bright spot in the region in terms of economic growth, political stability, as well as bold application of fintech (financial technology), and encouragement of innovation. These factors, together with the human resources, will be great advantages in operating a modern financial center in the future,” said the Deputy Minister of Finance.
The International Finance Center training course at Vietnam-Germany University aims to concretize the Conclusion of Permanent Deputy Prime Minister Nguyen Hoa Binh in the working session with Vietnam-Germany University in April 2025, with the orientation of assigning the school a central role in research, training and development of high-quality human resources for the International Finance Center.
Vietnam-Germany University has established a separate Research and Development Team for the training program to serve this goal, with the participation of the university's leading experts and prestigious professors from Goethe University Frankfurt (Germany).
Source: https://giaoducthoidai.vn/chuan-bi-can-bo-nguon-cho-trung-tam-tai-chinh-quoc-te-post739159.html
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