(VOVworld)- The Vietnamese Finance Ministry and the Australian Treasury Department have signed a Memorandum of Understanding on bilateral cooperation. The two sides will strengthen technical assistance in budget management, finance, macroeconomic stabilization and economic reform. The MOU was signed in Brisbane during Finance Minister Vuong Dinh Hue’s visit to Australia from December 10-14. The signing of the document marks a new step in the growing cooperation between Vietnam and Australia. The same day, the Vietnamese delegation visited Queensland University to discuss boosting cooperation with Vietnamese universities. The delegation is scheduled to visit Melbourne and Sydney in the next few days.