Objective of the Project is to support ongoing government efforts to develop a vibrant microfinance sector with diverse financial institutions operating in a harmonized prudential environment. Services included:
Training for financial institutions involved in microfinance:
- Conduct training needs assessment for MFIs
- Develop training program and material for MFIs
- Deliver training to MFIs
- Support MFIs with meeting SBV licensing and regulatory requirements
- Support capacity development for micro insurance providers
- Provide training in partnership with MFI training institutes in other countries
- Assess and consolidate the training needs of the key stakeholders in micro insurance
Training for supervisory agencies (State Bank of Vietnam):
- Conduct training needs assessment for supervisory agencies
- Review SBV microfinance supervision manuals and guidelines and recommend improvements Update / draft MFIs and PCFs inspection manuals
- Develop training program and material for supervisory agencies
- Deliver training to supervisory agencies
- Support SBV with establishing and implementing supervisory frameworks
- Support MOF with establishing a supervisory framework for VBSP
- Conduct micro insurance seminars and workshops for MOF Insurance Supervisory Authority
Establishment of a formal microfinance training network:
- Develop concept to establish a national network of formal microfinance training
- Develop plan for practical training courses tailored to the identified training needs
- Coordinate and support partner microfinance training institutes in delivery of training courses
- Ensure accessibility of training materials
Knowledge-sharing opportunities for supervisors and microfinance practitioners on international best practices:
- Provide practical training in partnership with supervisory agencies in other countries