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POLITICS - DIPLOMACY

Viet Nam, France renew financial, economic cooperation

10/07/2007 -- 9:30 PM

Ha Noi (VNA) - Viet Nam and France signed a new framework agreement on financial and economic cooperation for the 2008-2010 period in Paris on July 10.

The signatories were Tran Van Ta, Viet Nam’s Permanent Vice Minister of Finance, and Daniel Morel, President of ADETEF - the French cooperation office of the Ministry of Finance, Economics and Employment and the Ministry of Budget, Treasury and Public Administration.

In its press release, ADETEF said that the Ministry of Finance (MoF) of Viet Nam and ADETEF have been cooperating for 15 years through different activities and projects.

The two sides jointly define and implement a programme to assist and train staff members of the MoF’s general departments every year.

In 2007, at least 35 activities have been planned and will be carried out, including training sessions, study tours, seminars and technical assistance, targeted the General Department of Customs, the State Treasury, the General Department of Taxation and the Finance Inspection.

ADETEF and the Government of Viet Nam have annually organised the “French-Vietnamese Economic and Financial Forum”. The 7th forum will be held in December and will be dealing with the social and economic impacts of Viet Nam’s access to the World Trade Organisation (WTO).

The French office has also been implementing two projects in Viet Nam, with the first, in partnership with the National Committee for International Economic Cooperation (NCIEC), focusing on the country’s economic integration into the international market.

The second project targets improvements in economic governance and deals with financial management, reform of State-owned enterprises, improved statistical production for better public management and parliamentary decisions.

The project is carried out in partnership with the Academy of Finance, the General Statistics Office and the National Assembly’s Committee for Budget and Economics.-Enditem
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