HCMC – Vietnam is expanding workforce training for its international financial center to include regulators, investors, and the public, Deputy Prime Minister Nguyen Hoa Binh said on February 27.
Speaking at the opening of an international financial center management training course in HCMC, Binh said human resources are a decisive factor in ensuring the Vietnam International Financial Center (VIFC) operates safely and efficiently. He also serves as executive chairman of the VIFC.
He identified five core foundations for building the center: global connectivity, a stable and transparent legal framework, high-quality human resources, strong governance capacity, and a supportive development ecosystem.
The training course, held from February 27 to March 1, is led by Hubertus Vaeth, founding chief executive officer of Frankfurt Main Finance and founding vice chairman of the World Alliance of International Financial Centers.
The program focuses on financial product design and investment attraction strategies to strengthen the center’s competitiveness.
Thirty-five officials are attending the course. They include managers from international financial center projects in HCMC and Danang, State Bank of Vietnam officials, and representatives of commercial banks.
Binh described the development of an international financial center as a new and complex task without precedent in Vietnam. He called for learning from international experience and adapting global models to the country’s institutional conditions and long-term development goals.
He urged relevant agencies and Vietnam-Germany University to expand training programs in scale and scope. Training should target not only managers but also investors and citizens who will use the center’s financial services.
Vietnam-Germany University was also asked to strengthen its role as a hub for academic, technology, and policy cooperation between Vietnam and Europe.
Training programs should expand into areas including artificial intelligence, big data, financial technology, energy, and semiconductors, with the goal of establishing a finance and STEM training center in Vietnam based on German standards.
