INTRODUCTION
In order to improve high-level scientific research, transfer technology in the fields of Economics, Finance, Banking, macroeconomics of the University of Economics and Law in general and of the Faculty of Finance and Banking in particular, on November 06, 2013, the financial market simulation room was officially put into operation.
The financial market simulation room aims to become the leading training and research center in the South with specific activities as follows:
- Training Ph.D and master's students in research methodology and data mining
- Implementing scientific research
- Training students of VNU-HCM's member universities
- Training high-quality human resources for the labor market
- Conducting collaborative research projects with enterprises and organizations
- Enhance lecturers' research capacity
In order to create high-quality scientific research and provide training programs for business community, the financial market simulation room (now called Center for Economic and Finance Research - CEFR) constantly seeks partnerships with domestic and foreign organizations and individuals. Currently, the CEFR has cooperated with prestigious organizations such as Ho Chi Minh Stock Exchange (HOSE), Ho Chi Minh Institute for Development Studies (HIDS), Singapore Management University (SMU), Intelligent Financial Research and Consulting Company (IFRC), Saigon Thuong Tin Commercial Joint-Stock Bank (Sacombank) etc.
Until now, the CEFR has obtained significant achievements as follows :
Projects carried out in the CEFR
|
No.
|
Project title
|
Management level
|
Project leader
|
Execution time
|
Amount of funds
(in million VND)
|
|
1
|
Evaluation of operational and technical efficiency and risk level of commercial banks in Vietnam
|
VNU – HCM Level B
|
Prof. Dr Nguyen Thi Canh
|
24 months
|
500
|
|
2
|
Developing a roadmap to apply Basel III’s monitoring standards in commercial banks in Vietnam
|
VNU – HCM Level C
|
Dr. Hoang Cong Gia Khanh
|
24 months
|
110
|
|
3
|
Studying the volatility of Vietnamese financial markets and policy recommendations
|
VNU – HCM Level C
|
Dr. Tran Hung Son
|
18 months
|
90
|
|
4
|
The impact of privatization and listing on the performance of state-owned enterprises
|
VNU – HCM Level A, B
|
Dr. Duong Nhu Hung
|
2015
|
600
|
Scientific Publications
|
No.
|
Publication
|
Number
|
Note
|
|
1
|
Monogragh
|
01
|
Annual report of Vietnamese financial markets 2013 – VNU-HCM Publishing House 2014
|
|
2.
|
Papers
|
|
|
|
2.1
|
International conference proceedings
|
01
|
Vinh Vo Dinh (2014), Coexceedance Approach on Financial Contagion. Twenty-First Annual Conference Multinational Finance Society (www.mfsociety.org) June 29-July 1,2014
|
|
2.2
|
National conference proceedings
|
02
|
The Seventh Vietnam Economist Annual Meeting on June 24 and 25, 2014 in Ho Chi Minh City, Vietnam.
1. Le Trung Thanh, Marco Barassi (2014), Multivariate copula: An Application to emerging financial markets.
2. Dinh Vinh Vo, Nguyen Van Chien, Nguyen Thi Canh (2014), Risk and income diversification in the Vietnamese banking system.
|
Workshops, conferences and seminars
|
No.
|
Time
|
Name of workshops, conferences and seminars
|
Location
|
Note
|
|
1
|
April 2014
|
Efficiency of Commercial Banks in Vietnam
|
University of Economics and Law
|
Seminar
|
|
2
|
April 2014
|
Research Methodology
|
University of Economics and Law
|
Seminar
|
|
3
|
July 17,18 2014
|
- Modeling Skewness with Applications in Epidemiology and Finance
- Infomation Criteria and Detection of Change
|
University of Economics and Law
|
Seminar
|
|
No.
|
Activities
|
Note
|
|
1
|
Hold seminar: CEO women index, together with IFRC
|
September
|
|
2
|
Hold seminar: Market efficiency and some related research
|
September
|
|
3
|
Hold seminar: Matlab Introduction
|
September
|
|
4
|
Hold seminar: Evaluating the effectiveness of IPO companies
|
October
|
|
5
|
Hold seminar: Evaluating the financial performance of listed companies in some sectors
|
October
|
|
6
|
Hold seminar: Financial structure and economic performance
|
November
|
|
7
|
Hold seminar: Analysis of financial market instability using balance sheet accounting approach
|
November
|
|
8
|
Hold seminar: Application of estimation methods in economy and finance research
|
December
|
Cooperation activities with businesses and organizations
|
No.
|
Activities
|
Note
|
|
1
|
Cooperation with Gbsofts to write software for FESE 11
|
From August to November 2014
|
|
2
|
Coordination with HOSE to implement the project of evaluating the effectiveness of IPO companies
|
Deployed since May 2014
Ongoing project
|
|
3
|
Training for Sacombank
|
Signed a memorandum of understanding in June 2014
|
|
4
|
Collaboration with Hochiminh institute for development studies (HIDS) to implement the project of developing economic forecast indicators for HCMC
|
Carried out since July 2014
|
|
5
|
Coordination with ACCA or IMA and Smart train to implement the research on educational needs of international qualifications such as ACCA, CMA, CIA
|
Deployed since September and October 2014
|
Opening ceremony of the financial market simulation room
The establishment of the CEFR is a breakthrough project, contributing to enhance the role, status and contribution of scientists, lecturers, fellows, graduate students towards the construction, planning and implementation of macroeconomics policy, fiscal policy, monetary policy in Viet Nam as well as key economic areas in southern provinces.
Lecturers, graduate students and fellows attending training
In addition to serving the research of lecturers, graduate students and fellows, the CEFR was founded to meet the need of learning, practice and research of student generations in the university, helping them to expose themselves to the analysis, evaluation and investment with real and continuously updated data.
Students attending training