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Experts discuss finance, banking and accounting

Released at: 14:48, 08/01/2020

Experts discuss finance, banking and accounting

Photo: UEB

More than 100 experts attend CIFBA 2020 workshop in Hanoi.

by Ngoc Lan

More than 100 experts discussed contemporary issues in finance, banking and accounting at the “Contemporary Issues in Finance, Banking and Accounting for Sustainable Development - CIFBA 2020” workshop held on January 6 and 7 in Hanoi.

The workshop was organized by the University of Economics and Business (UEB) at the Vietnam National University (VNU) and the Manning School of Business at the University of Massachusetts, Lowell (UMass Lowell), with support from Fulbright Vietnam.

In the context of the world facing many challenges from economic instability, environmental pollution, and climate change, world economies are generally working together to address global issues to achieve the sustainable development goals of the UN’s 2030 Agenda. According to the Global Progress Report from the Sustainable Banking Network (SBN) under the International Finance Corporation (IFC) released in October, among the 38 member countries of SBN, Vietnam is considered to have made significant strides in efforts to promote the development of its banking and finance sector towards sustainable development and against climate change. This was also the main issue discussed at CIFBA 2020.

The workshop provided a forum for academics and practitioners in the fields of finance, banking, and accounting to present research and discuss contemporary issues related to financial market development, banking supervision, macro prudential matters during Industry 4.0, insurance and pension fund management, and the need for the adoption of common global accounting practices.

Associate Professor and Dr. Nguyen Truc Le, Dean of UEB, said the workshop offered a chance for researchers, scholars, and national and international managers to exchange views on finance, banking, and accounting. “The workshop brought opportunities for international cooperation in teaching and scientific research with leading regional and international universities,” he added.

The workshop was split into 16 discussion sessions chaired by local and international finance and accounting experts on topics such as capital and investment markets, fund management strategies, green finance, risk management in the banking system, and others.

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