Decision 525/QD-TTg: Program to Train 10,000 Chief Executive Officers by 2030
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Based on:525/QĐ-TTg - Government Official Gazette
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On March 31, 2026, Deputy Prime Minister Nguyen Chi Dung signed Decision 525/QD-TTg approving a Program to Train and Foster 10,000 Chief Executive Officers (CEOs) by 2030, led by the Ministry of Finance. The program aims to build modern governance capacity, strategic thinking, and digital and green transformation skills for private-sector business leaders nationwide, with a target of at least 25% female trainees. Eligible participants include chairpersons and board or council members, general directors, directors, deputy directors, and department heads of private-sector enterprises (state-owned enterprises and certain foreign-invested entities are excluded). The program offers five training tracks - strategic leadership, general CEO training, specialized director training (CFO, COO, CMO, CTO, etc.), a practical Mini MBA, and next-generation leadership succession - ranging from 30 to 90 days depending on the track. Support is delivered through three channels: state-funded training vouchers, courses directly commissioned by supporting agencies, or online learning via the Ministry of Finance's E-learning system. Each enterprise may nominate up to 5 trainees per year, with priority for female trainees and businesses that are innovative startups, high-tech, or based in disadvantaged areas. Funding comes from the state budget (central and local, per budget decentralization rules), combined with other approved support programs and voluntary contributions from businesses and organizations. The Decision took effect immediately upon signing (March 31, 2026). This is a voluntary workforce-training support initiative, not a tax, accounting, e-invoicing, or labor-law regulation, so business owners should treat it as a free or subsidized training opportunity rather than a new compliance obligation.
Decision 525/QD-TTg - Program to Train 10,000 CEOs by 2030
Reference number: 525/QD-TTg Signed: March 31, 2026 Signed by: Deputy Prime Minister Nguyen Chi Dung Effective: From the date of signing
Objectives
The Prime Minister approved this program to build a corps of chief executives in the private-sector economy with modern governance skills, strategic thinking, and digital and green transformation capacity, able to lead businesses toward sustainable growth.
Specific targets through 2030:
- Train 10,000 CEOs and managers nationwide, with at least 25% female trainees.
- 100% of graduates able to apply modern governance knowledge, lead digital and green transformation, and manage risk and legal compliance in practice.
- Build an alumni network, hold CEO Forums, and develop a network of reputable domestic and international training providers.
Eligible Participants
Trainees must come from private-sector enterprises (state-owned enterprises and certain foreign-invested entities are excluded), including:
- Chairpersons and members of Members' Councils or Boards of Directors; private enterprise owners; general partners.
- General directors, deputy general directors, directors, deputy directors, specialized directors and deputy directors.
- Heads and deputy heads of departments, divisions, and production teams.
- Other managerial titles defined in a company's charter.
Implementing agencies include ministries, ministerial-level agencies, People's Committees at all levels, the Vietnam Fatherland Front, and related associations.
Support Principles
- Focused, transparent support that avoids overlap with existing support programs.
- First-come, first-served, with higher support levels prioritized for innovative startups, digital-technology and high-tech businesses, women-led or women-workforce-heavy enterprises, social enterprises, businesses in disadvantaged areas, and those led by people with disabilities or from ethnic minorities.
- Each enterprise may nominate up to 5 trainees per year.
- Simplified, online administrative procedures.
Training Tracks
| Track | Content | Max Duration | Eligible Businesses |
|---|---|---|---|
| Strategic Leadership | Strategic thinking, leading change | 30 days | Medium, large |
| CEO (General Management) | Comprehensive governance: finance, marketing, operations, HR, legal | 30 days | Micro, small, medium |
| Specialized Director | CFO, COO, CMO, CCO, CHRO, CDO, CTO, CPO, etc. | 50 days | Small, medium, large |
| Mini MBA (Practical) | Cross-functional core business knowledge | 90 days, up to 6 months | All sizes |
| Next Gen CEO (Succession) | Strategic thinking, leadership capacity | 50 days | Small, medium, large |
Courses of 3 or more days must include at least 40% (60% for the Mini MBA) hands-on practical training, domestically or abroad.
Support Mechanisms
- Training vouchers: The state issues printed or electronic vouchers stating the subsidy value; trainees use vouchers to enroll with training providers listed on the National Business Portal (business.gov.vn); trainees cover any cost difference themselves.
- Directly organized courses: Supporting agencies commission, assign, or tender for training providers.
- Ministry of Finance E-learning system: Online training via a platform built by the Ministry of Finance or other reputable existing platforms.
Curriculum (per the attached Appendix)
- Leadership competencies: strategic planning, data-driven decision-making, organizational culture transformation, ESG governance, leadership ethics, compliance governance.
- Management competencies: financial management and capital structure, supply chain, risk management, internal controls, digital transformation, responsible AI application, capital-raising.
- Soft skills: decision-making under uncertainty, team-building and leadership succession, strategic communication.
Funding and Implementation
Funding comes from the state budget (central and local, per budget decentralization rules), combined with other approved support programs and voluntary contributions from businesses and organizations. The Ministry of Finance leads on issuing guidance, building the curriculum framework, managing the E-learning system, and consolidating reports. Ministries, provincial People's Committees, and associations coordinate implementation within their scope and report periodically as part of reporting on Politburo Resolution 68-NQ/TW on private-sector development.
Note for Businesses
This is a voluntary support program and does not create any new tax, accounting, e-invoicing, or labor-law compliance obligations. Interested businesses should monitor the National Business Portal (business.gov.vn) for the annual list of approved training providers and voucher eligibility conditions.