Enterprises help improve accounting education in Vietnam

Leading enterprises in Vietnam have said they are willing to cooperate with universities nationwide to improve training human resources in finance and accounting.
Leading enterprises in Vietnam have said they are willing to cooperate with universities nationwide to improve training human resources in finance and accounting.

At a forum hosted by the UK-based Association of Chartered Certificated Accountants (ACCA) on May 6 in Hanoi, a number of major businesses like Comin Group, a leading provider of engineering solutions in the Mekong subregion, and the Vietnam Post and Telecommunications Corporation (VNPT) pledged to provide financial aid for and partner with universities in accounting training.

Leaders from nearly 20 universities and major enterprises across the country attended the event, which is aimed at improving human resources in finance and accounting to meet social demands.

According to Trinh Quang Anh, director of the Vietnam Maritime Bank training centre said the country’s human resources working in financial and accounting areas lack skills as well as knowledge in merged finance, administration accounting and international practices.

The number of accountants with international certificates represents only a small rate in the country, he said.

Most businesses said only 40 percent of newly graduates are able to meet their requirements due to schools’ poor curriculum.
ACCA’s Chairman Brendan Murtagh said universities in developed countries often work closely with businesses in training probationary students.

Officials from universities said businesses can assist in the training by specifying their requirements and occupational standards and participating in appraising educational quality along with helping students apply their knowledge to practice as well as by providing financial aid./.

See more