(VOVWORLD) - The Vietnam – Australia financial policy dialogue is taking place in Hanoi on Thursday and Friday to share experience and promote bilateral cooperation.
 (Photo: Trung Hieu/VOV) |
This is part of the action plan to realize the memorandum of understanding (MoU) signed last year between the Vietnamese Ministry of Finance and the Australian Treasury.
The event reflects the two sides' strong commitment to deepening their financial partnership, in line with their Comprehensive Strategic Partnership.
Australian Ambassador to Vietnam Gillian Bird said that Australia highly values the dialogue framework, considering it an important platform for the two countries to spur cooperation in economic policy making, especially amid global economic volatility.
 Overview of the dialogue session (Photo: Manh Tuan/VOV) |
Acknowledging Vietnam’s reform efforts in recent years, from administrative apparatus streamlining to the adoption of new resolutions on economic development, she commended Vietnam’s progress in the financial sector, including the upgrade of its stock market from a frontier to a secondary emerging market status by FTSE Russell and the development of credit rating activities following the issuance of Decree 245.