Page 77 - Green Finance 2024

subject. This resistance impedes curriculum development and reduces the pool of talent

entering the green finance sector.

Fourthly, resource constraints such as insufficient funding, a shortage of specialized

faculty, and inadequate infrastructure pose significant challenges to green finance

education in Hanoi. Many instructors lack formal training and practical experience in

green finance, resulting in education that is theoretical rather than application-oriented.
The absence of a standardized green finance curriculum exacerbates this issue, impacting

the attractiveness of these programs and the readiness of graduates for the job market.

Finally, a critical weakness in green finance education in Hanoi is the lack of industry

demand, evident from weak connections between businesses and academia and limited
job opportunities in the field. The misalignment between academic programs and

industry needs leaves graduates ill-prepared for the evolving demands of the green

finance sector.

Limited Awareness

The effectiveness and sustainability of green finance education programs at universities

in Hanoi are hindered by the limited awareness of both students and faculty about green

finance. This challenge arises from various factors, including an inadequate legal

framework, low industry readiness, and insufficient integration of green finance into
educational curricula.

A key issue is the general lack of knowledge about green finance among students and

faculty. This is partly due to Vietnam’s underdeveloped legal regulations concerning

green finance. While there are some government decisions and pilot projects, the absence
of specific policies and regulations limits the development of a comprehensive green

finance ecosystem. This gap results in insufficient guidance and motivation for students

and faculty to engage deeply with green finance topics.

Additionally, the hesitant adoption of green finance practices by Vietnamese businesses
contributes to the limited awareness and interest in green finance education. Many

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