German experts support training for Vietnam’s int’l financial centre

Deputy Minister of Education and Training Nguyen Van Phuc described the establishment of an international financial centre as a strategic move to attract global capital and elevate Vietnam’s economic position. He stressed the need for a skilled workforce trained to international standards to successfully manage the risks and opportunities of deeper financial integration.

Friday, June 27, 2025 15:47

The course draws nearly 30 participants, including senior officials from HCM City, Da Nang, ministries, agencies, and commercial banks. (Photo: VNA)

Binh Duong (VNA) – The Vietnamese-German University (VGU) on June 27 launched its first international financial centre regulator executive training course, with instruction from leading German experts.

Running until June 29 at VGU’s main campus in Thu Dau Mot city, the southern province of Binh Duong, the course has drawn nearly 30 participants, including senior officials from HCM City, Da Nang, ministries, agencies, and commercial banks.

The course is delivered by two finance experts from Goethe University Frankfurt — Professor Jan Pieter Krahnen, a member of the Academic Advisory Board of Germany’s Federal Ministry of Finance, and Professor Michael Binder, a leading expert in international macroeconomics. Both possess extensive experience in financial reform, banking, and monetary policy.

Over three days, participants will explore topics such as international financial centre models, systemic risk management, digital transformation in finance, and the interplay between banks and capital markets. Lessons will include insights from Frankfurt, one of the world’s top financial centres. The curriculum blends theory, group discussion and case studies to help shape action plans for Vietnam’s own financial hub.

Deputy Minister of Education and Training Nguyen Van Phuc described the establishment of an international financial centre as a strategic move to attract global capital and elevate Vietnam’s economic position. He stressed the need for a skilled workforce trained to international standards to successfully manage the risks and opportunities of deeper financial integration.

The course is the first in a series under VGU’s international financial centre regulator executive training programme. The initiative includes leadership training, short-term professional courses, and full-time training. VGU is working closely with Goethe University Frankfurt to align course content with Vietnam’s practical needs.

In the coming years, VGU plans to expand its offerings to include areas such as Fintech, monetary policy and global financial supervision, strengthening its role as a key knowledge hub for Vietnam’s financial integration.

ಌ Deputy Minister Phuc expressed hope the programme would equip trainees with practical knowledge to support decision-making in the development of Vietnam’s financial centre./.

VNA

#German experts #Vietnam’s int’l financial centre #Vietnam’s own financial hub.

See more

Handling import and export cargo at Gemalink deep-water port in Phu My town, Ho Chi Minh City. (Photo: VNA)

𝐆 State budget revenue from import-export activities up 9.1% in seven months

12/08/2025 02:10

Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.

The banking system's credit growth reached about 10% after seven months, significantly higher than the 6% recorded in the same period in 2024. (Illustrative photo: VNA)

𓆉 Banks accelerate lending as real estate, stock markets attract capital

12/08/2025 01:26

Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.

Li Xiapeng from the Hebei Kinghey Catering Services Company (Photo: VNA)

🔯 Chinese firms expect expanded imports of Vietnamese agro-forestry products

12/08/2025 00:11

Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.

Guest speakers at the event (Photo: VNA)

𒊎 Vietnam Electricity aims for ASEAN top three by 2030

11/08/2025 20:30

EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.

Acting Indonesian Consul General in HCM City speaks at the event (Photo: VNA)

🥃 Vietnam, Indonesia target 18 bln USD trade by 2028 with food security push

11/08/2025 19:25

With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.

For the first seven months, the total revenue at current prices was estimated at 3.99 quadrillion VND, up 9.3% year-on-year. (Photo: VNA)

🌃 Retail sales of goods, services record positive growth

11/08/2025 17:23

In the first seven months of this year, retail sales of goods were estimated at approximately 3.05 quadrillion VND, accounting for 76.4% of the total revenue and rising by 7.8% compared to the same period last year.

Pham Sanh Chau (left), CEO of VinFast Asia, and Akhilesh Kumar Roy, Head of Auto Loans, Inventory Funding, and Two-Wheeler Loans at HDFC Bank, at the signing ceremony of the Memorandum of Understanding. (Photo: Courtesy of VinFast)

ꦆ VinFast India partners with HDFC Bank to deliver comprehensive EV financing solutions

11/08/2025 16:13

Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers and priority services - applicable across VinFast’s entire product portfolio. Dedicated HDFC Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.

Nikkei Asia reported that Vietnamese bananas are becoming more popular in grocery stores of Japan. (Screenshot photo: VNA)

Vietnamese bananas gain foothold in Japan

11/08/2025 14:24

Vietnam is now Japan’s third-largest banana supplier, behind only the Philippines and Ecuador.

The M&A market in Vietnam’s real estate sector in 2025 witnesses a significant shift in investor composition. (Illustrative photo: VNA)

𝓡 Strategic alliances redefine Vietnam’s real estate M&A market

11/08/2025 13:43

The real estate market in 2025 is no longer a matter of “eating or being eaten” but one of strategic cooperation to grow together, experts stressed

A downtown area in Ho Chi Minh City. (Photo: VNA)

⛦ HCM City regains foreign investors’ confidence as FDI surges over 45%

11/08/2025 12:25

Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.

Garment production for export to Japan at Hung Viet Garment Company in Hung Yen province. (Photo: VNA)

ℱ Textile-garment sector enjoys 9% export growth in seven months

11/08/2025 12:11

To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.

At Lan Chi Ly Nhan Supermarket in former Ha Nam province (Illustration photo. Source: VNA)

🙈 Optimising AI in promoting Vietnamese goods ecosystem

11/08/2025 10:36

This year, retail sales and consumer service revenue are expected to grow 10.5–12%, contributing to an overall economic growth target of 8.3–8.5%.

The welcome ceremony for the first aircraft of Sun Phu QuocAirways at Phu Quoc International Airport (Photo: Sun Group)

𝓰 Sun PhuQuoc Airways welcomes first Airbus A321NX

11/08/2025 09:52

The Airbus A321NX is the first in a fleet of eight modern aircraft scheduled for delivery and operation throughout 2025, marking the beginning of Sun PhuQuoc Airways’ carefully planned investment strategy to build a modern fleet operating with safety, stability, and world-class standards.

The central bank must ensure publicity, transparency and have a strict inspection and supervision mechanism to avoid systemic risks. (Photo: vietnambiz.vn)

꧙ Banking industry to remove credit quota policy from 2026

11/08/2025 08:52

Experts say that after over a decade of implementation, the credit growth quota policy is currently inappropriate and is criticised for creating an “ask and give mechanism”, hindering people and businesses from accessing bank loans.

Honda Vietnam Company's production line in Ninh Binh province. (Photo: VNA)

💃 Industrial production grows 8.6% in first seven months of 2025

11/08/2025 08:37

The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.

The launch of the Vietnam–US B2B e-commerce platform in HCM City on August 8. (Photo courtesy of the organiser)

✤ First Vietnam–US B2B e-commerce platform launched to boost digital trade

11/08/2025 07:14

VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.