2nd Training Workshop of the China-Vietnam Capacity Building Program for Finance Officials Concluded in Shanghai
The second training workshop of the China-Vietnam Capacity Building Program for Finance Officials, co-organized by the Asia-Pacific Finance and Development Center (AFDC) and the Vietnamese Ministry of Finance’s Institute of Financial Training, was held from June 15-19, 2009 in Shanghai. Twenty trainees from Vietnam’s Ministry of Finance participated in the five-day training. Deputy Director-General of the AFDC Li Kouqing and Vice Director of the IFT Nguy?n Th? Thanh Hà delivered speeches at the opening ceremony.
The theme of the training was Chinese Government debt management. At the Vietnamese partner’s request, AFDC designed five specific modules for the training, consisting of: development of the Chinese treasury bond market; sustainability of Chinese government debt; treasury bond structure management and risk control; statistics and accounting of Chinese treasury bonds; and local government debt management and risk control. Speakers were from the Chinese Ministry of Finance’s Treasury Department and Research Institute for Fiscal Science, the Shanghai Finance Bureau, and the AFDC. The speakers systematically introduced to the Vietnamese attendees the practices adopted by China since reform and opening-up and exchanged ideas with their counterparts on a range of issues regarding debt management.
On June 19th, Dr. Peng Runzhong of the AFDC closed the training with some predictions of what was in store for the 2010 Sino-Vietnamese Friendship Year. Ms. Nguy?n Th? Thanh Hà sang a well-known Chinese song on behalf of all the Vietnamese participants in appreciation of all the efforts made by the Chinese side. Dr. Peng and Ms Nguy?n then granted a certificate of completion to each participant.
This is the second workshop that has been held for Vietnamese finance officials since a bilateral cooperative agreement was signed between the Chinese and Vietnamese ministries of finance last year. According to the working plan for this year, the two partners are to hold two more training sessions, once each in Shanghai and Vietnam, for senior Vietnamese finance officials in the coming months.
