Vietnam and Australia will strengthen technical assistance on budget management, macroeconomic stabilisation and economic reform policies.

This is the plan of a Memorandum of Understanding (MoU) signed between the Vietnamese Finance Ministry and the Australian Department of Treasury.

The MoU was inked during Vietnamese Finance Minister Vuong Dinh Hue’s visit to Australia from December 10-14, where he had a meeting with Australian Deputy Prime Minister and Treasurer Wayne Swan.

The signing of the document marks a new step in the growing cooperation between Vietnam and Australia .

On the same day, the Vietnamese delegation visited Queensland University to discuss measures to boost cooperation with Vietnamese universities./.VNA