Vietnam, Cuba strengthen cooperation on finance

Illustrative image (Photo: Internet)

Vietnam is willing to share experiences, provide research documents and send experts to exchange views on financial matters with Cuba, according to Minister of Finance Dinh Tien Dung.

The minister made the remarks during a working session with visiting Cuban Minister of Finance and Prices Olina Pedraza Rodriguez in Hanoi on September 16.

Dung briefed his guest on Vietnam’s achievements in the financial sector, the focus of economic reforms and financial strategy orientations through 2020.

He also mentioned the need to improve national competiveness and investment environment.

For her part, Rodriguez said Cuba is gradually removing obstacles to economic development, adding that the country is prioritising foreign investment attraction with a target of drawing 6 billion USD per year.

On the occasion, the two sides signed a memorandum of understanding on cooperation during the 2016-2020 period.-VNA