More than 80 senior bank executives from Vietnamese banks will join the Swiss Bank Executives’ Training Programme over the next 18 months which covers key topics related to bank management, banking strategy and operational concepts as well as regulatory matters, relevant for bankers in an emerging market setting.

The first module will start on Monday. The other modules will follow at approximately monthly intervals over the next 18 months.

The Swiss BET programme in Viet Nam, which started in 2010, is a joint programme of State Bank of Viet Nam (SBV) and the Swiss State Secretariat for Economic Affairs (SECO), financed by the Swiss economic cooperation programme for Viet Nam. This is the third phase of the Swiss BET programme in Viet Nam.

In the three consecutive cycles planned for this phase, it will train more than 240 Vietnamese bank managers and hundreds of central bankers in the latest and most modern bank management practices over the next five years.

Pham Thanh Ha, Deputy Governor of SBV, said: “The Swiss BET programme provides vital training to our Vietnamese bank managers to improve management practices and thereby strengthen the quality and performance of their respective institutions and the banking sector as a whole."

“With this support, Switzerland aims to pass on global best practices and share the experience and knowledge from the Swiss banking sector with Vietnamese banks. Sound banking training for top management strengthens banks and helps improve banking services for emerging businesses in the country,” said Werner Gruber, Head of Cooperation of the Swiss Cooperation Office, in his opening speech. — VNS