At the signing ceremony (Photo: VNA)Quang Nam (VNA) – Vietnam’s Ministry of Finance (MoF) and The Treasuryof Australia will step up financial cooperation as per stipulated in aMemorandum of Understanding (MoU) inked by Minister Dinh Tien Dung andTreasurer Scott John Morrison.
The MoU was signed on October 20 on the sidelines of the APEC 2017 FinanceMinisters’ Meeting (FMM) which is being held in the central province of QuangNam from October 19-21.
Accordingly, the MoU will create a framework for the two sides to carry outcooperation between the two agencies. It will help them review and evaluate cooperationso as to make adjustments and further enhance the efficiency of collaboration.
During a bilateral meeting with the Australian official before signing the MoU,Minister Dung thanked Australian experts for assisting the MoF in preparingcontents for the FMM.
Hedescribed the signing of the MoU as a milestone in bilateral cooperative ties,in which the MoF’s staff will have opportunities to learn state managementexperience from Australia and seek consultancy in building financial policiesand implementing new legal documents in Vietnam.
The MoF’s staff will also have chances to take part in further trainingprogrammes organised by Australia as well.
Dungvoiced his hope that Morrison will support Vietnam in issues of mutual concernand benefit at regional and international forums.
Thetwo ministers also exchanged views on the ASEAN-Australia Special Summit slatedfor March 2018 in Sydney.
Dunglauded the initiative to organise the summit, affirming that this is asignificant progress step to diversify cooperation channels between Australiaand ASEAN member states, including Vietnam.
Through the summit, Australia and ASEAN nations will tighten cooperation in thefields of mutual interests, especially regional and global issues, Dung added.-VNA
The MoU was signed on October 20 on the sidelines of the APEC 2017 FinanceMinisters’ Meeting (FMM) which is being held in the central province of QuangNam from October 19-21.
Accordingly, the MoU will create a framework for the two sides to carry outcooperation between the two agencies. It will help them review and evaluate cooperationso as to make adjustments and further enhance the efficiency of collaboration.
During a bilateral meeting with the Australian official before signing the MoU,Minister Dung thanked Australian experts for assisting the MoF in preparingcontents for the FMM.
Hedescribed the signing of the MoU as a milestone in bilateral cooperative ties,in which the MoF’s staff will have opportunities to learn state managementexperience from Australia and seek consultancy in building financial policiesand implementing new legal documents in Vietnam.
The MoF’s staff will also have chances to take part in further trainingprogrammes organised by Australia as well.
Dungvoiced his hope that Morrison will support Vietnam in issues of mutual concernand benefit at regional and international forums.
Thetwo ministers also exchanged views on the ASEAN-Australia Special Summit slatedfor March 2018 in Sydney.
Dunglauded the initiative to organise the summit, affirming that this is asignificant progress step to diversify cooperation channels between Australiaand ASEAN member states, including Vietnam.
Through the summit, Australia and ASEAN nations will tighten cooperation in thefields of mutual interests, especially regional and global issues, Dung added.-VNA
VNA
