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Vietnam, Hungary sign MoU on financial cooperation

The Ministries of Finance of Vietnam and Hungary signed a memorandum of understanding (MoU) on financial cooperation in Hanoi on October 16.
Vietnam, Hungary sign MoU on financial cooperation ảnh 1At the signing ceremony (Photo: VNA)
Hanoi (VNA) - The Ministries of Finance of Vietnam andHungary signed a memorandum of understanding (MoU) on financial cooperation inHanoi on October 16.

Vietnamese Minister of Finance Dinh Tien Dung said the signing of theMoU builds upon the positive achievements from an MoU signed in 2017 betweenthe Vietnamese Ministry of Finance and the Hungarian Ministry for NationalEconomy (now the Ministry of Finance), contributing to strengthening the bilateralfriendship and traditional cooperation and expanding international cooperation infinance.

The MoU will help strengthen bilateral dialogue and coordination infields of shared concern, especially financial analysis and forecasting and themacro-economy.

It will also help build policies, manage budget collection-expenditureand public debts, and develop Government bond markets and other economic-financeissues.

The signing is also of significance at a time when the two countries arecelebrating the 70th founding anniversary of bilateral diplomaticties in 2020./.
VNA
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