On the occasion of the 80th anniversary of the Traditional Day of Vietnam’s Finance Sector (28/8/1945 – 28/8/2025), the faculty, staff, and distinguished students of the Institute of International Finance Education – Academy of Finance undertook an experiential learning visit to explore the history of the Finance sector at the Headquarters of the Ministry of Finance.
Accompanying the lecturers and students of the Institute of International Finance Education – Academy of Finance were: Comrade Truong Hung Son — Member of the Executive Committee of the Party Committee, Deputy Head of the Inspection Commission of the Party Committee of the Ministry of Finance, Senior Specialist; Comrade Le Van Hieu — Deputy Head of the Commission for Communication and Mass Mobilization of the Party Committee of the Ministry of Finance, Senior Specialist; Comrade Le Anh Tuan — Deputy Head of the General Affairs – Secretariat Division, Office of the Ministry of Finance, Senior Specialist; together with officials from the Press and Communications Division of the Ministry of Finance.
Representing the Institute of International Finance Education were Dr. Trinh Thanh Huyen — Director of the Institute, along with all staff and more than 60 outstanding students of the Dual Degree Programme (DDP; one bachelor’s degree awarded by each partner).
On August 28, 1945, immediately after seizing power, President Ho Chi Minh signed a decree establishing the Provisional Government of the Democratic Republic of Vietnam with 13 ministries, including the Ministry of Finance. Since then, August 28 each year has become the Traditional Day of Vietnam’s Finance Sector.
In step with the country’s development, the national finance system has grown ever stronger. From the Independence Fund of only around 20 million Indochinese piastres in 1946, by 2024 total state budget revenue had exceeded 2.1 million billion VND—an almost 100,000-fold increase.
Over 80 years of construction and development, Vietnam’s Finance sector has continuously grown and matured, making important contributions to the cause of national liberation, nation-building, and national defense. These great, comprehensive achievements are the crystallization of the efforts, intellect, dedication, and quiet sacrifices of generations of Finance sector officials across different periods.
The delegation of distinguished faculty and students from the Institute of International Finance Education directly visited the Grand Hall of the Ministry of Finance-the venue of many important events of the Finance sector. Speaking at the program, Comrade Truong Hung Son, Member of the Executive Committee of the Party Committee and Deputy Head of the Inspection Commission of the Party Committee of the Ministry of Finance, warmly welcomed the lecturers and students of the Institute as they explored the history of the Finance sector. The year 2025 marks a historic milestone as the Finance sector officially operates under a new organizational model following the merger of the Ministry of Planning and Investment, Vietnam Social Security, and the Commission for the Management of State Capital at Enterprises. This represents not only a change in organizational structure, but also the strategic crystallization of the nation’s vision, wisdom, and mission in managing and mobilizing national financial and economic resources. Comrade Truong Hung Son regarded this as a practical activity of political and ideological education for the younger generation, especially for students studying at the Institute of International Finance Education – Academy of Finance.
Sharing with DDP students, Comrade Le Van Hieu, Deputy Head of the Commission for Communication and Mass Mobilization of the Party Committee of the Ministry of Finance, extended his best wishes to future generations-the high-quality human resources of the Finance sector. With the support of the Ministry of Finance and the mentorship of lecturers from the Academy of Finance and the Institute of International Finance Education, students of the DDP cohorts will be the succeeding generation that helps build and further develop the Finance sector ever stronger.
Representatives of the Ministry of Finance, together with lecturers and students, pose for a commemorative photo in the Grand Hall.
At the Traditions Room of the Ministry of Finance, distinguished faculty members and students of the Institute of International Finance Education were given an introductory overview by the guide. The visit began in the ceremonial space featuring a cast-bronze bas-relief placed in a position of honor, encapsulating the stages of development and the Finance sector’s contributions to the nation’s struggles, nation-building, and development over the historical periods. This area also displays the high distinctions conferred on the Finance sector by the Party and the State; collectives and individuals awarded the title “Hero of Labor”; the sector’s traditional banners; and portraits of successive Ministers of Finance across different periods. Subsequent exhibits are arranged by historical stage: Vietnamese finance 1945–1954; 1955–1975; 1976–1985; and from 1986 to the present.
The concluding section of the Traditions Room presents images of sectoral activities and of Party and State leaders in relation to the Finance sector, reflecting the solidarity and close bond between the sector’s officials, public servants, and employees and the attention of the Party and the State to the sector.
DDP students listen to the briefing in the Finance Sector Traditions Room
Speaking during the visit, Dr. Trinh Thanh Huyen—Director of the Institute of International Finance Education—expressed sincere thanks to the Ministry of Finance for its attention, arrangements, and facilitation that enabled DDP students to participate in this meaningful experiential activity. The visit not only allowed the students to engage directly with the professional working environment of the Finance sector and gain deeper insight into its history, functions, and role in the economy, but also helped complement practical knowledge alongside the theory studied at the Academy. This will serve as a source of inspiration and motivation, helping DDP students deepen their commitment to the profession, clarify their personal development pathways, and strive to achieve their future career goals.
As part of the program, lecturers and students of the Institute were honored to tour the “Exhibition of 80 Years of Achievements of the Finance Sector” in the first-floor lobby of the Ministry of Finance Headquarters. The expansive, vibrant exhibition—arranged by thematic layers and events—vividly recreated the sector’s illustrious historical journey, milestones, and proud moments. Each image and artifact on display not only evoked pride in 80 years of construction and development, but also stirred students’ curiosity to explore, capture memorable moments, and preserve lasting impressions for their learning journey and career orientation.
Exploratory visit to the Exhibition of 80 Years of Achievements of the Finance Sector
The visit concluded, leaving deep impressions on the lecturers and students of the Institute of International Finance Education (IIFE). Through the program, DDP students looked back on the past with gratitude, honoring the contributions of preceding generations; it was an occasion to kindle in today’s generation a sense of responsibility and an aspiration to devote themselves; and to resolve to continue bringing their intellect into full play, uniting as one, enthusiastically engaging in emulation, and striving to fulfill all tasks with excellence. In so doing, they will continue to write further glorious pages in the history of the Finance sector, contributing together with the nation to even greater achievements and to setting new milestones in the new era—the era of the nation’s rise.
Lecturers and students of the Institute of International Finance Education (IIFE) pose for a commemorative photo in the first-floor lobby – Headquarters of the Ministry of Finance.
Link to the Ministry of Finance Portal’s post about the event: Ministry of Finance Electronic Portal
