Students benefit from Visa’s financial literacy initiative

The programme has helped disperse the skills and knowledge to manage finances

Digital payment giant Visa has brought to a close its financial literacy programme held with the Faculty of Finance and Banking of University of Economics and Business, and Vietnam National University (VNU-UEB). Through interactive online and offline training sessions, the lecturers taught students the basics of budgeting and managing their spending.

They also provided advice on cultivating a habit of saving, leading into investment planning and achieving financial freedom. Time was given to help participants develop a proper understanding of the concepts of borrowing and accessing a line of credit, as well as the financial products available on the Vietnamese market.

Sessions were delivered at various universities, including Fulbright University Vietnam, the University of Science at VNU Ho Chi Minh City, the University of Languages and International Studies at VNU Hanoi, and the University of Labour and Social Affairs.

With strong turnouts at each workshop, the programme has also contributed to financial inclusion and empowerment through knowledge.

Dung Dang, Visa country manager of Vietnam and Laos, said, “Sound finances are the bedrock of a happy and contented life. By sharing with students the skills and knowledge they will need to manage their finances, we are raising a financially responsible generation of young Vietnamese. We are extremely grateful to VNU-UEB and all university partners for their support in reaching so many students of diverse backgrounds.”

Dr. Van Dinh, acting dean of the Faculty of Finance and Banking at VNU-UEB, added, “Academic excellence needs to be paired with essential life skills such as the financial knowledge for savings and investment. We are proud of our holistic approach to education, and this financial literacy programme in partnership with Visa is a great resource of knowledge for our students.”

Currently, Visa operates the world’s leading digital payments network, enabling individuals and businesses everywhere to thrive. A network based on ubiquity and inclusion, the company actively supports financial education to extend the benefits of digital payments for all stakeholders. Its global Practical Money Skills initiative is a carefully curated repository of key financial knowledge and money management skills for all individuals.

The curriculum of the financial literacy programme operated in partnership with VNU-UEB was built based on the Practical Money Skills resources. The digital knowledge platform is freely accessible to users around the world to help them achieve financial stability and fuel their personal ambitions.

Through its global financial education initiative, the Practical Money Skills initiative strives to link individuals, educators, banks, and governments to the tools and resources they need, helping individuals and communities develop their money management skills.

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