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Each year, the FETP offers several specialized training programs on topics approved by the International Committee. The choice of programs
offered is guided by the direct demands from program alumni, donors, or ministries in Vietnam for specific topics.
These courses are designed to address applied issues highly relevant to Vietnam. Short enough to attract high-level managers, these courses are
consistently over-subscribed. On average about 150 professionals attend FETP specialized training programs each year.
2001-2002 Specialized Short Courses
Applied Econometrics with Eviews
This four-week course is taught from July 01 to July 26, 2002. This course introduces the mainstream methods for estimating relationships among
observed economic variables and for testing hypotheses about those relationships. The course introduces participants to the power of
econometric methods while also noting the limitations of those methods. While focus will be on formulation, estimation, and testing of econometric
models, participants will also learn how to be “sophisticated consumers of statistical information.
Marketing Places
This four-week course, to be taught in English from May 27 to June 21, 2002 will introduce provincial leaders and other authorities to the core
concepts and tools of marketing, so they may develop and implement marketing strategies and to build their places into an alluring “product,” with
distinct features that are (1) valued by investors and (2) superior to other places against whom they are competing.
Economics for Interpreters
This four-week course, to be taught in English from Feb 25 to Mar 24, 2002, will give interpreters and translators a sound base in market
economics, enabling them to provide professional interpretation and translation on economic issues.
2000-2001 Specialized Short Courses
Economics for Interpreters
This five-week course is designed to provide a group of English-speaking interpreters and translators with a firm base in economics necessary to
translate spoken or written economics concepts and issues into Vietnamese. The program has three main components. The course begins with a set of
lectures that provide an understanding of microeconomic principles. Since microeconomics provides the theoretical foundation for market economics,
this grounding helps interpreters and translators deal with many complex economic terms and ideas. Second, participants engage in a series of
interpretation exercises designed to strengthen their spoken economics. Third, participants translate a number of written economics-oriented
documents as a way of developing their translation capabilities. This course was taught in June 2000 and again in March-April 2001.
Project Selection Techniques
The objective of this course four-week course is to introduce the participants to basic tools for investment appraisal. The main topics
include construction of cash flow and financial statements, strengths and weaknesses of popular investment criteria, introduction to risk analysis and
real option pricing, and financial, economic, and distributive analyses. The course heavily relies on computer based assignments in order to familiarize
participants with modeling techniques and simulation exercises.
Marketing Strategy for Management
In today's increasingly competitive world, well-designed marketing is more than ever a key ingredient to a business’s success. This
4-week course provides a challenging environment for learning about and applying the fundamental concepts of marketing strategy in a dynamic
marketplace. Through a combination of case studies drawn from real companies, lectures, and exercises, participants grapple with real-world
difficulties such as incomplete data set, ambiguous situations, and partial truths. By the end of the course, participants are able to develop a
methodology for approaching marketing problems in a variety of contexts, including products/services, industrial/consumer marketing, private
sector/public sector, domestic/international markets.
Lessons from Tax Reforms
Tax analysis and revenue estimation have become increasingly important functions as governments undertake steps in tax rationalization and deficit
reduction. This eight-day program covers the economic foundations of fiscal policy, and examines in detail the policy and revenue implications of
various tax alternatives, such as excises, value added tax, trade taxes, personal income tax and corporate income tax. Some other interesting themes
such as tax incentives, taxation of Public Sector Enterprises and natural resource taxation are also pursued. Special emphasis is placed on the
international experience of countries around the world in fiscal policy issues. The study method combines class lectures, case study presentations,
and discussion sessions. In addition, all participants are expected to prepare a policy paper.
Marketing Places
This intensive course was undertaken jointly by the FETP and CEFALT of the Ministry of Foreign Affairs in the spring 2000. It aims to help
decision-makers from provincial governments develop rational development strategies that take advantage of both local conditions and external
markets. The course is designed to equip government managers with a framework to identify and analyze strengths and weaknesses of their own
provinces. That same framework is also applied to the issue of foreign markets and getting access to international opportunities.
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