The Ministry of Finance of Vietnam and the Treasury of New Zealand signed a memorandum of understanding (MoU) on financial cooperation in Hanoi on July 23.
Hanoi (VNA) - The Ministry of Finance ofVietnam and the Treasury of New Zealand signed a memorandum of understanding(MoU) on financial cooperation in Hanoi on July 23.
The MoU plays an important role in organising and cementingcooperative activities between the two sides and serves as a foundation for NewZealand’s technical assistance to Vietnam, said Deputy Finance Minister TranXuan Ha.
It will also help to enhance dialogue and cooperationbetween the two sides in areas of shared concern, in particular budget and debtmanagement, tax policies, macro-economic stability, and other economic,financial, and fiscal issues, he added.
The MoU will be a cooperative framework between the twoagencies to further advance economic and financial ties between Vietnam and NewZealand, Ha stressed./.
2020 marks the 45th anniversary of the establishment of diplomatic relations between Vietnam and New Zealand. The two countries are looking to lift ties to strategic partnership.
Prime Minister Nguyen Xuan Phuc and his New Zealand counterpart Jacinda Ardern announced the elevation of their countries’ relations to a strategic partnership during their online talks on July 22.
Vietnam and New Zealand issued a joint statement on the countries' strategic partnership on the occasion of the high-level talks between their Prime Ministers and the partnership elevation.
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At the signing ceremony (Photo: VNA) 
