On the morning of December 8, in Hanoi, the University of Economics - VNU organized a workshop: "Central Bank Digital Currency (CBDC): Modernizing the Financial System in Macroeconomic Management" . The workshop aims to provide a forum for policy makers, managers, researchers, associations, and business administrators to discuss and exchange on the current situation and propose solutions to promote the potential and address the challenges of CBDC. This is a discussion with multi-dimensional perspectives on related issues, thereby providing effective and timely policy advice to help policy makers in the process of researching, developing and managing CBDC in Vietnam.

Assoc. Prof. Dr. Nguyen Anh Thu - Vice President of University of Economics - VNU delivered the opening speech of the conference

In his opening speech at the workshop, Associate Professor Dr. Nguyen Anh Thu - Vice President of the University of Economics - VNU emphasized: "The global financial world is facing a profound transformation. The advent of Central Bank Digital Currencies (CBDCs) represents an important step forward and our exploration of this topic is a testament to our commitment to welcoming the future. In the digital age, when we carry the world in our pockets through smartphones and computers, the money of nations should undergo a similar transformation".

Organizing Committee representative presented flowers to speakers at the conference

Currently, the national digital currency (CBDC) is receiving strong attention from many major central banks in the world such as Europe, China, Australia, Japan, Singapore, etc. The Prime Minister has assigned the State Bank to research and propose mechanisms and policies on national digital currency in the Non-Cash Payment Project. It can be understood that this is a start for CBDC research in Vietnam, keeping up with global trends.

Scene at the workshop

The workshop “ Central Bank Digital Currency (CBDC): Modernizing the Financial System in Macroeconomic Management ” is part of the UEB Research and Sharing Series organized by the University of Economics, Vietnam National University, Hanoi. The workshop was attended by policy-making agencies, researchers, scientists, businesses, etc. The workshop listened to presentations and comments from managers, scientists, and businesses. This shows that the workshop is an in-depth forum with the participation of stakeholders, contributing a multi-dimensional view of the current situation as well as suggesting policies to research, develop and manage CBDC in Vietnam.

University of Economics - Vietnam National University, Hanoi University of Economics is a member unit of VNU. Throughout its formation and development, the University has continuously improved the quality of training, scientific research and other services towards the goal of becoming a research-oriented university, training high-quality human resources in the fields of economics, management and business administration. The University has been affirming its position domestically and internationally in the field of research. The University has been recognized as a key, pioneering, leading unit contributing to the ranking results of VNU in the top 501-550 in the world in the field of Business and Management Research announced by the prestigious QS Ranking in 2023, and is also the first and only unit in Vietnam to be ranked. In particular, the University of Economics is also a valuable contributor to the results of VNU as it is the first public university in Vietnam to be ranked 501-600 by Time Higher Education in the field of Business and Economics in the 2023 assessment period.

PV