Title:
Factors Influencing the Financial Literacy of Gen Z in Vietnam

Authors:
Dinh The Hung, Vo Ha Khanh, Viet Nam

Abstract:

In recent years, financial literacy among young adults has received rising attention, driven by a growing societal awareness of its importance. International studies have indicated the importance of enhancing personal financial management knowledge at the youth level in order to avoid future financial problems. This study highlights the importance of financial literacy for Generation Z by examining factors such as individual characteristics, family background, financial experiences, etc. Data analysis indicates that most of Gen Z still lack financial literacy; females would have more financial knowledge than males. Furthermore, those who engage in part-time jobs have lower financial education than those who do not. The research team offers various recommendations to enhance personal financial literacy among Gen Z in Vietnam.

DOI: https://doi.org/10.51505/IJEBMR.2025.9624