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The Ministries of Finance of Vietnam and Hungary signed a memorandum of understanding (MoU) on financial cooperation in Hanoi on October 16.

Finance ministers from ASEAN countries and representatives of international organisations looked into the regional financial situation and development issues during the 24th ASEAN Finance Ministers’ Meeting held online on October 2.

The Vietnamese Ministry of Finance (MoF) on December 18 said Moody's Investors Service’s decision to confirm Vietnam’s rating at Ba3 but change the outlook to negative was not appropriate, given it is grounded on an isolated incident and does not adequately recognise the Vietnamese Government’s instituted policies and procedures to ensure smooth and timely debt repayment on government guaranteed borrowings.

The Customs Mutual Assistance Agreement between the Governments of Vietnam and the US was signed in Hanoi on December 6 in the presence of Vietnamese Deputy Prime Minister Vuong Dinh Hue.

The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.

The OPEC Fund for International Development (OFID) will loan 45 million USD to a transport infrastructure improvement project in the central city of Da Nang.

Vietnamese Minister of Finance Dinh Tien Dung met with his Thai counterpart Apisak Tantivorawong on April 4, discussing priorities in finance issues in ASEAN in 2019 and 2020.

Vietnamese Prime Minister Nguyen Xuan Phuc held talks with Austrian Chancellor Sebastian Kurz in Vienna, Austria, on October 15, as part of his official visit to the European country.

Deputy Prime Minister Vuong Dinh Hue has applauded contributions of the US Agency for International Development (USAID) to Vietnam’s socio-economic development as well as national management.

Vietnam expects the US to accelerate the ratification of an agreement on double taxation avoidance and facilitate negotiations for a governmental agreement on cooperation and assistance between customs agencies, said a high-ranking official.

Deputy Prime Minister Vuong Dinh Hue suggested Vietnamese and Lao Ministries of Finance enhance collaboration while receiving Laos’ Deputy Prime Minister and Minister of Finance Somdy Douangdy.

The State Capital Investment Corporation has unveiled plans to sell the entire State capital of 10 big State-owned enterprises which could garner the State budget earnings of almost 4 billion USD.