On April 21, 2022, Ho Chi Minh City University of Banking (HUB) had a meeting and worked with the State Bank of Vietnam (SBV) and the International Cooperation Fund of German Savings Banks (DSIK) on the implementation of a Memorandum of Understanding (MOU) in which DSIK supports and coordinates with the SBV to perform a number of tasks set out in the National Financial Inclusion Strategy to 2025,
On the side of the State Bank of Vietnam, there were the participation of:
Mr. Tran Quang Tien- Head of Department - International Cooperation Department
Ms. Pham Thuy Duong - Specialist of International Cooperation Department
On the side of DSIK, there was the participation of:
Mr. Christian Grajek- Asia Pacific Regional Coordinator
Mr. Alexander Bunse - Representative in Vietnam
Ms. Anna Szalwicki - Southeast Asia Regional Coordinator
Welcoming the delegation from HUB with the participation of:
Assoc. Prof. Dr. Nguyen Duc Trung - Acting Rector
Ms. Luong Thi Thu Thuy - Deputy Director of the Institute of International Training
Mr. Le Trung Nhan - Deputy Director of the Institute of International Training
Dr. Nguyen Minh Nhat- Head of Department
DSIK (formerly abbreviated as SBFIC) is a member of the German Savings Banks Financial Group, founded in 2012 and is a non-profit organization. DSIK's activities focus on implementing cooperation projects in developing and emerging countries. Recently, DSIK has been granted a license to operate in Vietnam by the Ministry of Foreign Affairs of Vietnam in the form of a representative office of a foreign non-governmental organization. DSIK's activities in Vietnam currently focus on the following areas: financial capacity building training, technical support for financial institutions, capacity building for bank staff and students.
The MOU for the period of 2021 - 2024 is built on the results and success of the cooperation activities between the two sides in the period of 2018 - 2020 on financial education through the Savings Game model led by units of the State Bank of Vietnam (SBV). Banking Academy and Ho Chi Minh City Banking University. During more than a year of implementing the MOU, 40 lecturers from the two universities have been trained by German experts, transferred skills and taught basic financial knowledge through operating the copyright model Saving Game. by DSIK. Accordingly, the lecturers have trained nearly 1500 students who are the target audience of financial inclusion such as high school students, university students, cooperative members, farmers, agricultural youth. villages, export workers, people with disabilities, workers in industrial parks, enterprises, agencies and other professions. The basic financial knowledge is conveyed in the form of this attractive, easy-to-understand game, which has helped students increase their understanding and awareness of personal financial management, family budgeting, with a direction to build the habit of saving savings to actively manage and respond to potential risks through each stage of life.
On that basis, HUB, DSIK and SBV will continue to cooperate to further promote activities in financial education along with expanding many other cooperation areas such as microfinance, financial consumer protection. strengthening the capacity of target groups, with priority given to disadvantaged groups such as rural people, women, etc., through various forms and contents. With the contents agreed in the MOU for the coming period, the SBV and DSIK wish to cooperate, share experiences and provide technical support to partner organizations in propagating and disseminating financial knowledge. to a large number of people and businesses, thereby helping to enhance and improve their knowledge and skills in accessing and using mainstream financial products and services in an effective, safe, and efficient manner. life and income. Within this cooperation framework, the International Cooperation Department of the State Bank, as the focal point, will coordinate with units and agencies inside and outside the industry to develop and implement activities with DSIK.
The State Bank of Vietnam hopes that through the support and companionship of international partners and organizations, the tasks set out by the Prime Minister in the National Comprehensive Financial Strategy to improve the financial access rate of the State Bank of Vietnam. People and businesses in Vietnam will be deployed successfully, effectively and in accordance with good international practices of the region and the world.