Decision No. 120/2001/QD-TTg On the establishment of the Finance Academy.

Decision No. 120/2001/QD-TTg of the Government Chairman establishes the Finance Academy based on the merger of units under the Ministry of Finance. The Academy has the mission to train, upgrade skills, and conduct scientific research on finance and accounting.

Document No.120/2001/QĐ-TTg
Document typeDecision
Issuing authorityMinistry of Finance
Signed byPhạm Gia Khiêm — Phó Thủ tướng
Updated01/07/2026
SectorLabour, War Invalids and Social Affairs
FieldUncategorized
Issued date17/08/2001
Effective date02/09/2001
Expiry date
StatusIn effect
✦ Smart summary

Decision No. 120/2001/QD-TTg of the Government Chairman establishes the Finance Academy based on the merger of units under the Ministry of Finance. The Academy has the mission to train, upgrade skills, and conduct scientific research on finance and accounting.

Key points

  • The Finance Academy was established through the merger of the University of Finance and Accounting in Hanoi, the Institute of Financial Research, and the Finance Cadre Training Center under the Ministry of Finance.
  • The Academy's mission includes training at undergraduate and postgraduate levels in the field of finance and accounting, upgrading skills according to job title standards and professional expertise in financial management technology, conducting scientific research and management technology research in finance and accounting.
  • The Academy is subordinate to the Ministry of Finance, subject to state administration by the Ministry of Education and Training and other ministries and sectors as prescribed by the Government. The Academy has its own legal personality, seal, and separate account with headquarters located in Hanoi.

🌐 Social impact of this document

  • The Finance Academy will play a significant role in training high-quality human resources in finance and accounting for the country.
  • Enhance research capabilities in science and management technology in finance and accounting, contributing to improving the effectiveness of state administration.

❓ Frequently asked questions

Which units were merged to form the Finance Academy?

The Finance Academy was established through the merger of the University of Finance and Accounting in Hanoi, the Institute of Financial Research, and the Finance Cadre Training Center under the Ministry of Finance.

What are the main tasks of the Finance Academy?

The main tasks of the Finance Academy include training at undergraduate and postgraduate levels in the field of finance and accounting, upgrading skills according to job title standards and professional expertise in financial management technology, conducting scientific research and management technology research in finance and accounting.

To which agency is the Finance Academy subordinate?

The Finance Academy is subordinate to the Ministry of Finance, subject to state administration by the Ministry of Education and Training and other ministries and sectors as prescribed by the Government.

Where is the headquarters of the Finance Academy located?

The headquarters of the Finance Academy is located in Hanoi.

When does this decision take effect?

This decision takes effect 15 days after the date of signature.

Full text

PRIME MINISTER
********

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
********

Number: 120/2001/QĐ-TTg

Hanoi, August 17, 2001

 

Pursuant to …;

Regarding the establishment of the Finance Academy

PRIME MINISTER

Pursuant to the Government Organization Law dated September 30, 1992;

Pursuant to the Education Law dated December 2, 1998;

Pursuant to Decree No. 43/2000/NĐ-CP dated August 30, 2000 of the Government detailing and guiding the implementation of certain provisions of the Education Law;

Considering the proposal of the Minister of Finance and the Minister of Education and Training,

DECISION:

Article 1. The Finance Academy shall be established based on the merger of the University of Finance and Accounting in Hanoi, the Institute of Financial Research, and the Financial Cadre Training Center under the Ministry of Finance.

Article 2. The Finance Academy shall have the following tasks:

- Training university and postgraduate level personnel in the field of finance and accounting.

- Providing training according to job title standards and professional skills, business operations, and financial management technology.

- Conducting scientific research and management technology in the field of finance and accounting.

Article 3. The Finance Academy shall be under the Ministry of Finance, subject to state management by the Ministry of Education and Training and other ministries and sectors as prescribed by the Government. The Academy shall have legal personality, its own seal, and separate accounts. The headquarters of the Academy shall be located in Hanoi.

Article 4. THIS DECISION SHALL TAKE EFFECT 15 DAYS AFTER THE DATE OF SIGNATURE.

Article 5. The Minister of Finance, the Minister of Education and Training, the Minister of Science, Technology, and Environment, the Ministers of other ministries equivalent to ministries, the Heads of government agencies, the Chairmen of People's Committees of provinces and centrally governed cities, and the Heads of units mentioned in Article 1 are responsible for implementing this Decision.

 

DEPUTY PRIME MINISTER

DEPUTY PRIME MINISTER

(Signed)

Pham Gia Khiem

 

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