Preparing a pool of qualified personnel.

GD&TĐ - A training course for 30 financial experts at the Vietnamese-German University aims to prepare human resources - a crucial factor for the International Finance Center in Vietnam...

first training course

Resolution No. 222/2025/QH15 of the National Assembly on the International Finance Center in Vietnam, with 6 chapters and 35 articles, was issued on July 26th and will take effect from September 1st, 2025. To prepare human resources for the International Finance Center, planned to be located in Ho Chi Minh City and Da Nang, the first training course on human resources for the International Finance Center was held at the Vietnamese-German University. The course was attended by approximately 30 leaders and officials from Ho Chi Minh City and Da Nang, representatives from several relevant ministries and agencies, and commercial banks.

The curriculum is designed to be intensive and practical, focusing on equipping students with comprehensive knowledge about the role, function, and methods of establishing and monitoring the operations of an International Finance Centre in the context of an emerging economy like Vietnam.

The course is taught directly by leading financial experts from Goethe University Frankfurt, including Professor Jan Pieter Krahnen - Member of the Academic Advisory Council of the German Federal Ministry of Finance ; and 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 stated that the establishment of an International Finance Center in Vietnam is a major policy identified by the Party, the National Assembly, and the 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 Finance Center requires a highly qualified workforce, and Vietnam needs to prepare a high-quality, professionally trained workforce capable of meeting the stringent standards for operating these centers as well as the requirements of international investors.

“Many studies clearly show that in successful financial centers like London, New York, Frankfurt… high-quality human resources are the most important factor. In many meetings, government leaders have repeatedly emphasized the crucial role of training high-quality human resources in the development of the upcoming International Financial Centers in Ho Chi Minh City and Da Nang,” Mr. Phuc said.

According to Mr. Phuc, the first training program is foundational in nature, so he suggested that subsequent courses at the Vietnamese-German University, together with its partner Goethe University Frankfurt, should continue to refine and develop the training program to be more closely linked to the activities and operations of the International Finance Center. The Deputy Minister requested that international experts share their operational experience and provide recommendations and preparations for operating the model in Vietnam.

“The financial market is changing rapidly with the development of technology, artificial intelligence… combined with the new geopolitical landscape that will impact international capital flows. I expect that the experience and knowledge of the professors in Germany will help the trainees gain a clearer vision when operating the Financial Center in Vietnam,” Mr. Phuc emphasized.

Professor René Thiele, Rector of the Vietnamese-German University, expressed his pride in being selected as the key university in the development project of the International Finance Centre in Vietnam.

He noted that the Vietnamese-German University and Goethe University Frankfurt have had a long-standing cooperative relationship, along with many other related organizations in Germany and highly qualified experts with practical experience in organizing training programs for the International Finance Center.

“We look forward to contributing to the development of the International Finance Centre in Vietnam. I believe that this first training course is considered an important step in the development of the school and for Vietnam as a whole,” said Professor René Thiele.

Deputy Minister of Education and Training Nguyen Van Phuc poses for a photo with trainees participating in the course. Photo: VGU

Human resources play a crucial 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 term in 2021. Currently, this goal is not just an aspiration but has become a strategy, a "boost" helping Vietnam enter a new stage of development.

According to Ms. Ngoc, education and training is the shortest and most sustainable path for Vietnam to leapfrog and attract international financial flows, especially as traditional financial centers adjust and shift towards emerging financial hubs. The Ministry of Finance leader believes that the human resources for the International Financial Center must be Vietnamese, including experts, managers, and operators who can run the center systematically. “Vietnamese people have a strong desire to learn. The quality of the domestic human resources is also highly regarded by the international community, and we believe this is a plus for Vietnam in building an International Financial Center,” Ms. Ngoc said.

Regarding training programs, the Ministry of Finance leadership wishes to cooperate with the Ministry of Education and Training and the Vietnamese-German University to develop an in-depth training program in the field of finance and banking. Ms. Ngoc suggested that training programs should be diversified in form, such as short-term courses and online training, based on the specific topics requested by state management agencies, ministries, sectors, and localities.

The training programs are designed to suit the needs of students, those with undergraduate and postgraduate degrees (master's, doctoral), and departmental-level experts in government agencies. The knowledge imparted closely follows the operational, monitoring, and technology application aspects of the International Finance Center.

"Vietnam can be considered a bright spot in the region in terms of economic growth, political stability, and bold application of fintech (financial technology), encouraging innovation. These factors, along with the workforce, will be major advantages when operating a modern financial center in the future," Ms. Ngoc emphasized.

The International Finance Center training course at the Vietnamese-German University aims to concretize the conclusions of Deputy Prime Minister Nguyen Hoa Binh during his working session with the university in April 2025, with the orientation of assigning the university a central role in research, training, and development of high-quality human resources for the International Finance Center.

The school has established a dedicated research and development team for the training program to serve this goal, with the participation of leading experts from the school and prestigious professors from Goethe University Frankfurt (Germany).

Source: https://giaoducthoidai.vn/chuan-bi-can-bo-nguon-post741765.html