27 July 2017

News Story: Deputy PM visits Australia to beef up bilateral ties

Sydney (VNA) – Deputy Prime Minister Vuong Dinh Hue held working sessions with some Australian officials on July 24 to seek measures to further foster partnership between the two countries.

At a meeting with Treasurer Scott Morrison, Deputy PM Hue, who is on a visit to Australia from July 23-25, highly valued Australia’s commitment to continue providing development assistance to Vietnam in various fields such as environment, the improvement of livelihoods for mountainous and rural areas, climate change response, and gender equality.

Morrison lauded Vietnam’s role as the host of the APEC 2017 with many important meetings. Vietnam has also devised the agenda for the event, which received high approval from member economies, he said.

He affirmed Australia’s policy of giving top priority to cooperation with the ASEAN and the country’s wish to help promote ASEAN’s solidarity, self-reliance, prosperity and central role in the region.

The two sides agreed that bilateral partnership is experiencing a sound period, with strong collaboration in economy, trade and investment. They lauded the close ties between the Ministry of Finance of Vietnam and Australia’s Treasury, with the signing of a memorandum of understanding on cooperation in 2012. 

The two sides are also discussing the signing of another deal for the new period to 2020, aiming to share experience in finance-budget, state budget allocation and the management of bad debt and public debt of joint stock commercial banks, and maintaining the macro economy’s stability.

Read the full story at VietnamPlus