Academy of Finance, Hanoi, Vietnam

What Academy of Finance, Hanoi, Vietnam does

Học viện Tài chính (Academy of Finance) is a public higher education institution in Hanoi, Vietnam, operating under the Ministry of Finance (Bộ Tài chính). Established in 1963 as Vietnam's first dedicated finance and accounting training institution, it was reorganized into its current Academy form by Prime Ministerial Decision 120/QĐ-TTg on August 17, 2001, through the merger of three entities. The institution operates across 14 faculties and delivers 29 undergraduate programs (26 regular, 2 articulation, 1 part-time) and 5 postgraduate programs (3 master's, 2 doctoral), with international certification tracks through ACCA and ICAEW CFAB, and dual-degree partnerships with University of Toulon (France) and other international universities. As of 2022, total enrolments stood at approximately 21,000 students, including ~280 doctoral researchers, >1,330 master's students, ~18,000 regular undergraduates, ~1,300 international Dual Degree Program students, and ~500 international students plus part-time cohorts.

The Academy's revenue model is a hybrid of state budget funding (as a public university), tuition across multiple formats (regular, part-time, distance, international joint programs), short-term professional certification fees (e.g., Chief Accountant), and revenue from policy research, consulting contracts with the Ministry of Finance and government agencies, and its academic journal (Tạp chí Nghiên cứu Tài chính Kế toán). Distribution is direct through five Hanoi facilities plus two regional branches (Hung Yen and the newly authorized Ho Chi Minh City Branch, authorized March 2026), with international programs channeled through the Institute of International Training (Viện Đào tạo Quốc tế) and short-term professional programs through the Center for Foreign Languages, IT and Finance-Accounting Training. Technology infrastructure includes an integrated university management system, electronic library, 7 computer labs with ~350 high-configuration computers, 250 management computers, 2 server rooms, and ongoing digital transformation encompassing electronic document management, VNPT-provided digital signature infrastructure, and online exam systems toward a stated "smart academy" model.

Customer segments are fivefold: domestic undergraduate students (primary segment recruited via national entrance exam and direct admission), graduate students (master's and doctoral), international students and degree-seekers, working professionals pursuing part-time/distance learning, and government/public sector clients (primarily the Ministry of Finance) for policy research and advisory services. Marketing channels include the official website (hvtc.edu.vn), Facebook page (~130,000+ followers), YouTube, open days, international education fairs, and the 140,000+ alumni network. The Academy has earned 6 high-level national honors including the Ho Chi Minh Medal (2013) and First Class Independence Medal, along with university quality accreditation (2017) and accounting program accreditation (2022).

Name

Academy of Finance, Hanoi, Vietnam

Legal name

Học viện Tài chính

Website

https://hvtc.edu.vn

Company type

Public

Founded year

1963

Operating status

Operating

Short description

Học viện Tài chính (Academy of Finance) is a public university under Vietnam's Ministry of Finance, founded 1963, serving ~21,000 students across 14 faculties with undergraduate, postgraduate, and international dual-degree programs in finance, accounting, banking, and business.

Ownership category

akta.pro rank

Product category

Higher Education - Finance and Accounting

NAICS

Colleges, Universities, and Professional Schools (61131), Colleges, Universities, and Professional Schools (6113), Business and Secretarial Schools (61141)

akta.pro industry

PRIMARYEDAHAHAD

Finance, Accounting & Economics Schools

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAAAPAG

Finance, Banking & Capital Markets

Education/Adult & Continuing Education/Industry-Specific Training (Healthcare, Tech, etc.)

SECONDARYEDAIAIAC

Subject-Specific Short Courses & Academies (e.g., STEM, Business, Arts)

Education/International Education & Study Abroad/International Summer/Winter Schools & Short-Term Academic Programs

Keywords

• Higher education services
• Finance and accounting education
• Undergraduate degree programs
• Postgraduate research training
• Professional certification courses

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Tuition and Training Fees: Revenue from tuition fees across multiple training formats: undergraduate (full-time, part-time, distance/online), postgraduate (master's and doctoral), international joint programs, and short-term professional certification courses (e.g., Chief Accountant certification). Tuition rates vary by program type and level. The Academy also generates revenue from examination and certification fees.
2. International Partnership and Joint Training Programs: Revenue from international dual-degree and joint training programs with partner universities (University of Toulon in France, and others), including program fees for the International Dual Degree Program (DDP).
3. Research, Consulting, and Policy Advisory Services: Revenue from scientific research contracts, policy consulting for the Ministry of Finance and government agencies, and the publication of the Journal of Finance and Accounting Research.
4. State Budget Funding: As a public university under the Ministry of Finance, the Academy receives government funding for educational activities, infrastructure development, and public missions.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

The Academy of Finance (Học viện Tài chính) is a public university under Vietnam's Ministry of Finance that delivers multi-level higher education in finance, accounting, banking, business administration, economics, and information systems. It operates 29 undergraduate programs and 5 postgraduate programs across 14 faculties, plus distance learning, part-time, short-term professional certification, and international dual-degree programs through its campuses in Hanoi, Hung Yen, and Ho Chi Minh City.

Product overview

Academy of Finance (Học viện Tài chính) is a public university under Vietnam's Ministry of Finance, offering a comprehensive portfolio of educational products and services. The institution operates a multi-level, multi-method education system comprising: (1) Core undergraduate programs (Đại học chính quy) in 14 faculties covering Finance-Banking, Accounting, Business Administration, Economics, IT Management, and English; (2) Postgraduate programs (Sau đại học) including Master's and Doctoral degrees in Finance, Accounting, and Economic Management; (3) Distance learning (Đào tạo từ xa) and part-time programs (Vừa làm vừa học) for working professionals; (4) Short-term professional training including chief accountant certification; (5) International partnership programs with universities like University of Toulon. Regional presence includes two branch campuses in Ho Chi Minh City and Hung Yen. Research outputs are disseminated through the Tạp chí Nghiên cứu Tài chính Kế toán journal and international conferences including SEDBM and FASPS.

Differentiator

Problem solved

Functional benefit

Brands

• Viện Kinh tế Tài chính: Research institute for finance and economics policy
• Viện Đào tạo Quốc tế
• Tạp chí Nghiên cứu Tài chính Kế toán

Products and services

• Regular Undergraduate Programs (Đại học chính quy) Full-time undergraduate degree programs across 14 faculties in finance, accounting, banking, business administration, economics, information systems, English, and related disciplines; offered to high school graduates entering via national entrance examinations, direct admission, and supplementary rounds.
• Postgraduate Programs (Đào tạo Sau đại học) Master's and doctoral degree programs in Finance, Banking, Accounting, Economic Management, and English Language for advanced academic and professional development; offered to graduates seeking research credentials and senior career advancement.
• Distance Learning Programs (Đào tạo từ xa) Remote education programs delivered through a dedicated e-learning portal, enabling students to pursue finance and accounting degrees through online and distance modalities.
• Part-time Programs (Đào tạo vừa làm vừa học) Flexible study programs combining work and education, enabling working professionals to earn finance and accounting degrees through evening and weekend schedules.
• Short-term Professional Training (Chương trình đào tạo ngắn hạn) Short-duration professional development courses including Chief Accountant certification, tax training, customs training, and other specialized finance and accounting programs aimed at working professionals.
• International Dual Degree and Partnership Programs (Chương trình liên kết đào tạo quốc tế) Dual-degree programs and international collaborative training with partner universities, including the University of Toulon (France) for Insurance-Banking-Finance and Accounting-Control-Auditing tracks, plus ACCA- and ICAEW CFAB-oriented certification pathways.
• Research, Consulting, and Policy Advisory Services (Viện Kinh tế Tài chính) Research, consulting, and policy advisory services for the Ministry of Finance, government agencies, and the financial sector, delivered through the Institute of Finance and Economics (Viện Kinh tế Tài chính).

Quantifiable outcome

• 140,000+ bachelor's graduates, 11,000+ master's graduates, 619+ doctoral graduates since 1963
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered core and minor.

• ACCA (Association of Chartered Certified Accountants)coreStrategic or Co-development PartnerACCA is a major international professional accounting body providing certification frameworks aligned with the Academy's programs. The Academy offers ACCA-oriented tracks in Corporate Finance, Public Accounting, Tax Management, and Real Estate Valuation. The partnership enables students to access ACCA examination exemptions and international certification pathways.
• Massey University (New Zealand)minorStrategic or Co-development PartnerInternational academic partnership for student exchange, joint research, and potential credit transfer arrangements between the two institutions.
• Australian Catholic UniversityminorStrategic or Co-development PartnerAcademic partnership for student exchange, joint research activities, and educational collaboration between the two universities.
• University of Greenwich (United Kingdom)minorStrategic or Co-development PartnerAcademic partnership with the University of Greenwich, a UK institution, for potential joint programs, student exchange, and research collaboration.
• University of Toulon (France)coreStrategic or Co-development PartnerThe Academy has an active joint training program with University of Toulon for dual-degree programs (DDP) in Insurance-Banking-Finance and Accounting-Control-Auditing tracks. This is a major international partnership delivering dual degrees to Vietnamese students.
• The Chinese University of Hong Kong, Shenzhen (China)minorStrategic or Co-development PartnerAcademic partnership with CUHK Shenzhen for student exchange, joint research, and academic collaboration in finance and economics.
• Kasetsart University (Thailand)minorStrategic or Co-development PartnerAcademic partnership with Thailand's leading agricultural and life sciences university for broader international academic cooperation.
• Sahmyook University (Republic of Korea)minorStrategic or Co-development PartnerAcademic partnership with Sahmyook University for student exchange, joint research, and cultural exchange programs.
• University of Macedonia (Greece)minorStrategic or Co-development PartnerAcademic partnership with University of Macedonia for student exchange and academic collaboration in economics and finance.
• Fondafip (France)minorStrategic or Co-development PartnerFondafip is a French public finance research and training institution. The partnership supports academic exchange and research collaboration in public finance.
• LienVietPostBankminorChannel Partner/ Reseller/ DistributorBanking partner for financial services and potential student financial support programs. The bank participates in campus recruitment and financial product offerings for students.
• Viện Kinh tế Tài chính (Institute of Finance and Economics)coreStrategic or Co-development PartnerInternal research and training institute of the Academy. Conducts policy research, economic analysis, and training for government and financial sector. Functions as a key internal unit for research output.
• Viện Đào tạo Quốc tế (Institute of International Training)coreStrategic or Co-development PartnerInternal institute managing international programs, dual-degree partnerships with foreign universities, and international student recruitment and exchange.
• Olympic Kinh tế lượng và Ứng dụng (Econometrics and Applied Statistics Olympiad)minorGTM or Marketing PartnerThe Academy organizes and hosts the annual national Econometrics and Applied Statistics Olympiad for university students across Vietnam, attracting participants from 26+ universities. This event serves as a major marketing and academic engagement activity.

Scale indicators12 records

Recent moves9 records

Expansion highlights7 records

Regional players

• Singapore Management University (SMU): A leading Asian business school in Singapore with comparable finance, accounting, and economics programs. Competes with the Academy's international programs for the same Vietnamese postgraduate students seeking international credentials, though primarily through Singapore-based delivery.
• University of Economics, Da Nang University: A regional economics and business university in central Vietnam serving the Da Nang and central coast region. Comparable finance and accounting undergraduate programs but focused on the central Vietnamese market rather than direct national competition.

Direct peers

• Ho Chi Minh City University of Accounting and Finance (HCMUAFC): A leading accounting and finance university in southern Vietnam originally separated from the Academy of Finance in 1988. Offers comparable undergraduate and postgraduate programs in accounting, finance, and business, and directly competes for the same Vietnamese student pool.
• Foreign Trade University (FTU): Vietnam's premier university for international trade, finance, and business economics. Directly competes with the Academy of Finance for top Vietnamese students interested in finance, accounting, and banking careers, with similar postgraduate and international dual-degree offerings.
• Banking Academy of Vietnam: A specialized public university under the State Bank of Vietnam focused on banking, finance, and monetary policy education. Closely parallel to the Academy of Finance's ministry-affiliated model, competing for the same niche of finance and banking students in Vietnam.
• National Economics University (NEU): Vietnam's leading general economics university with strong programs in finance, accounting, and business administration. A top-tier direct competitor for Vietnamese students pursuing finance and economics degrees, with similar postgraduate research output and international partnerships.
• University of Economics Ho Chi Minh City (UEH): The largest economics and business university in southern Vietnam, with comprehensive programs in finance, accounting, banking, and business administration. Directly competes with the Academy's newly established HCMC Branch for southern Vietnamese students and faculty.

Emerging players

• University of Economics and Law (UEL - VNU-HCM): A member university of Vietnam National University in Ho Chi Minh City with growing programs in economics, finance, law, and business administration. An emerging competitor in the southern Vietnam market where the Academy's new HCMC Branch is positioning.

Broad incumbents

• RMIT Vietnam: Vietnam campus of RMIT University (Australia) offering international-standard business, finance, and accounting degrees in English. Targets the same high-fee Vietnamese student segment the Academy addresses through international dual-degree programs, with stronger brand recognition among multinational employers.
• Hanoi University of Science and Technology: Vietnam's leading technical university with growing programs in economics, finance, and information systems management. A broader incumbent that competes for the same top Vietnamese students, particularly in IT-finance and quantitative finance adjacent programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aof.fanpage/?locale=vi_VN
• LinkedInlinkedin.com/company/academy-of-finance-hanoi-vietnam

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Academy of Finance, Hanoi, Vietnam