Vietnam, Singapore ink MoU on government finance

Hanoi (VNA) - Vietnam and Singapore are expected to foster their cooperation in the area of finance in the future following a Memorandum of Understanding (MoU) on the issue signed on Feb. 24.

The singing ceremony took place in Singapore in the attendance of the host
Minister of Finance, Tharman Shanmugaratnam, and his Vietnamese counterpart, Vu Van
Ninh, who is on an official visit to the country during Feb. 24-25.

Tharman Shanmugaratnam said the MoU serves as an extension of strong financial
cooperation and "represents a key pillar in the ever-growing architecture of
bilateral relations between Singapore and Vietnam ."

The MoU includes strengthening and expanding cooperation in fiscal policy
planning, customs, taxation and macro-economic analysis and forecasting.

It also outlines a programme of study visits to Singapore by senior and
mid-level officials from the Vietnamese Ministry of Finance, as well as seminars,
workshops and training courses for Vietnamese officials.-Enditem