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Enhancement of Teaching, Research, Information and Publishing Capacity for the Academy of Finance
10,800,000 yen (Grant project)
Academy of Finance, Ministry of Finance of Vietnam (AFM, Vietnam)
The acceleration of structural reform should be an urgent issue for Vietnam since Vietnam is swiftly moving toward a market economy and the economy is becoming more internationalized. It is necessary for Vietnam to reform the financial areas of the government that should be the main target areas for structural adjustments, and to attempt to conduct efficient financial management. However, there are many left over issues including the unclear division of responsibilities between the central and local governments in the areas of budget control and tax practice, and shortfalls in human resources have been pointed out in these areas. . Another important issue for Vietnam is to overcome vulnerability in the distribution and dissemination of market information. The project aims to foster officials who can direct the education of financial officials in local governments, and improve the function of experts who disseminate market information using experience in economic development gained in East Asia..
Activities of the first year will be as follows.
- Experience sharing seminars (Hanoi, late October, 2006)
Experience sharing seminars will be held involving about 70 invited middle ranking officials from the Ministry of Finance and other relevant departments, and experts from Japan and other East Asian countries will give lectures on financial systems in each country.
- Capacity building of financial officials in local governments (Hanoi, late October, 2007)
About 40 financial officials will be selected from the Financial Academy and receive capacity building training to enable them to educate financial officials in local governments.
- Capacity Building Seminars to strengthen ability to disseminate market information (Hanoi, December, 2006)
Capacity Building Seminars will be held involving about 70 invited experts from the Financial Academy, and experts from Japan, Korea, Malaysia, and Singapore will give lectures on market information dissemination toward private enterprises, investors, and citizens.
- Site visits for leading government financial officials (Kuala Lumpur, Singapore, January, 2007)
Fifteen members will be selected from among the participants in the capacity building seminar to visit Kuala Lumpur and Singapore and attend lectures on local financial systems given by experts from the Malaysian Institute of Economic Research and the National University of Singapore.
- Site visits to strengthen the dissemination of market information (Kuala Lumpur, Singapore, February, 2007)
Fifteen members will be selected from among the participants in the capacity building seminar to visit Kuala Lumpur and Singapore to learn about the collection, modification, and presentation of market data.
(First year of a 3-year project)
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