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Vietnam, New Zealand beef up financial ties

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.
Vietnam, New Zealand beef up financial ties ảnh 1At the signing ceremony (Photo: VNA)

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./.
VNA
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