VCCI President Ho Sy Hung speaking at the opening ceremony of the CEO training program.

On May 6, the Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with Andrews University (USA), held the opening ceremony of the Chief Executive Officer (CEO) training program in Hanoi for 152 business leaders.

Attending the ceremony were Ho Sy Hung, President of VCCI; representatives of the Agency for Private Enterprise and Collective Economy Development under the Ministry of Finance; leaders of several business associations and major corporations; and representatives of Andrews University in Vietnam.

Speaking at the event, VCCI President Ho Sy Hung stated that the CEO training program is a practical activity to implement Resolution 68 of the Politburo on developing the private sector, contributing to the goal of training 10,000 talented CEOs and enhancing management capacity, business culture, and the development of the entrepreneurial community.

The program is designed to help Vietnamese enterprises improve their resilience and adaptability to global fluctuations affecting the Vietnamese economy, including the impact of the Middle East conflict on fuel prices and logistics, changes in U.S. tariff policies toward Vietnam, the effects of domestic fiscal and monetary policies, as well as the influence of technological developments such as artificial intelligence (AI) on human resource management strategies of Vietnamese enterprises.

VCCI President Ho Sy Hung (right) and representatives of the Agency for Private Enterprise and Collective Economy Development under the Ministry of Finance, leaders of several business associations and major corporations, and representatives of Andrews University in Vietnam attend the opening ceremony.

Through the training program, VCCI also emphasizes its leading role in accompanying and supporting business owners and corporate managers in their enterprise governance activities.

The VCCI President also expressed his appreciation to the Ministry of Finance for allocating funding from the state budget to partially support the organization of the program, as well as to sponsors including Vingroup, Northern Power Corporation, HANEL Joint Stock Company, and MK Smart for their financial support.

According to Nguyen Xuan Tho, Deputy Director General of the Agency for Private Enterprise and Collective Economy Development, the CEO training program has increasingly attracted strong interest from the Vietnamese business community. Human resource development has always been prioritized to meet the practical needs of enterprises, particularly those directly benefiting from policies under the Law on Support for Small and Medium-sized Enterprises.

Opening ceremony of the VCCI CEO training program.

From the business perspective, Dang Thi Sau, Chairwoman of the Hung Yen Women Entrepreneurs Association, said the course has met the expectations of herself and many small and medium-sized enterprises. She noted that after many years of managing businesses with practical experience, participating entrepreneurs will have the opportunity to consolidate their knowledge through insights shared by leading experts from Vietnam and around the world, thereby improving their business models and operational methods for greater efficiency.

Providing additional information, Dr. Nguyen Viet Anh, Director of Andrews University in Vietnam, said that Andrews University was founded in 1874 in Michigan, USA. It is currently ranked first among private universities in Michigan and tied for first place in the United States in terms of cultural diversity.

Since 2015, Andrews University has established cooperation with Vietnam National University – Ho Chi Minh City, and since 2018 with the National Economics University in Hanoi, to implement Master of Business Administration (MBA) and Bachelor of Business Administration (BBA) programs in Vietnam. These programs follow U.S. academic standards, are taught entirely in English, and award degrees directly from Andrews University.

Andrews University has also signed a cooperation agreement with VCCI on training Vietnamese business leaders. Over the past three years, the two sides have jointly implemented two short-term leadership training programs (GEI) in the United States and the CEO training program in Hanoi. In the coming period, similar programs are expected to be expanded to several other provinces and cities across Vietnam.