Switzerland supports Vietnam in building capacities for bank executives

Questa pagina non è disponibile in italiano. Selezionare una delle lingue seguenti:

Press releases, 02.07.2021

Hà Nội, 02/07/2021 - Governor of the State Bank of Vietnam (SBV) – Ms. Nguyen Thi Hong and the Ambassador of Switzerland to Vietnam – Mr. Ivo Sieber signed the bilateral Agreement for the new Swiss Bank Executive Training programme (Swiss BET). The programme is implemented by the State Secretariat for Economic Affairs (SECO) and aims to transfer modern banking know-how to Vietnamese bank executives. The programme will run from 2022 to 2027 and Switzerland will provide support with a grant of CHF 5 million (around 125 billion VND).

Swiss Ambassador to Vietnam Ivo Sieber signing the Swiss BET Agreement
Swiss Ambassador to Vietnam Ivo Sieber signing the Swiss BET Agreement ©Swiss Embassy Hanoi

The Vietnamese financial sector and the banking industry in particular plays the central role to fulfil the national ambition to sustain the high rate of economic growth in coming years. As the sector is still prone to external instabilities, strengthening the banking sector to narrow the gaps with international standards is strategically important.

The Swiss BET programme offers the instruments required by the Vietnamese banking and financial industry to improve the management practices in respective institutions. Building on the success of the previous programme phases, Swiss BET will be jointly governed by a partnership of SBV and SECO. The Swiss Finance Institute (SFI), the project-implementing agency, will provide the expert trainings. SFI is the Switzerland’s centre of expertise on fundamental research, doctoral training, knowledge exchange, and continuing education in the fields of banking and finance.

State Bank of Vietnam Governor Nguyễn Thị Hồng is signing the Swiss BET Agreement
State Bank of Vietnam Governor Nguyễn Thị Hồng is signing the Swiss BET Agreement ©State Bank of Vietnam

The SFI will train over 240 Vietnamese bank executives and hundreds of central bankers on the latest state-of-the-art banking management practices. Upon graduation, they will advance the modernisation of banking in Vietnam by applying their newly acquired skills and technical competencies in their respective institutions.

SECO’s main goal is to support Vietnam in achieving market-oriented, sustainable growth. SECO’s cooperation program 2021 – 2024 will focus its supports on promoting reliable economic framework conditions and innovation-friendly business environment. To build a sound financial sector is among the top priorities of the country program.  The Swiss BET is complementing other SECO supported programmes and the new collaboration is a model for the long-standing and fruitful cooperation between SBV and SECO.

More information, please contact:

SBV contact:


BET Project Management Unit

The State Bank of Viet Nam

25 Ly Thuong Kiet, Hoan Kiem, Ha Noi

Phone: +84 4 39343365

Fax: +84 4 3 8250612

E-mail: Banqlda.bet3@gmail.com

SECO contact:


Tran Ngoc Ha

National Senior Programme Assistant

Swiss Cooperation Office in Vietnam

Phone: 0933091933

Email: ngoc-ha.tran @eda.admin.ch

Website :  www.eda.admin.ch/hanoi

Facebook : https://www.facebook.com/SwitzerlandVietnam/