Abstract

Financial knowledge is an important component of financial literacy for every person. Financial literacy helps people have a better life by making relevant financial decisions. To measure the financial knowledge of Vietnamese students, this study conducted a random online survey of 4,140 samples at universities across the country in 2021, with 11 questions divided into 3 levels of knowledge (basic, medium and advanced). The descriptive statistics show that Vietnamese students have very weak financial knowledge, in which, even students are studying finance-banking or economics. The results also show that financial knowledge is not uniform in different school years, regions and majors. In the context that Vietnam is implementing a comprehensive financial strategy, there is an urgent need to systematically develop a National Financial Education Strategy, to provide early education by many different channels and methods for students as well as for the youth in Vietnam

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