The working session.

At the working session, Minister of Finance Ho Duc Phoc highly appreciated great efforts of the two sides in implementing pillars of cooperation since upgrading the relationship to a Comprehensive Strategic Partnership, and affirmed the financial cooperation between Vietnam and the US in the coming years will promote innovation-based economic, trade, investment cooperation and inclusive economic growth.

The Minister also shared the prioritized financial directions of concern to the Ambassador such as tax administrative reform, financial market development, and efforts to upgrade the securities market and contents of revised tax law projects.

Minister of Finance Ho Duc Phoc speaks at the working session.

At the working session, US Ambassador Marc E. Knapper discussed contents aiming to achieve the common goals of both sides, especially the implementation of contents of the joint declaration as well as the Action Plan of Vietnam and the US within the framework of the Comprehensive Strategic Partnership.

Committing to promoting investment and trade relations commensurate with the potential of the two countries in the future, the Ambassador expressed his wish that the Vietnamese side in general and the Ministry of Finance in particular continue to cooperate and facilitate US investors to operate effectively in Vietnam.

Minister Ho Duc Phoc said that the Ministry committed to make great efforts to effectively improve the investment and business environment, and to comply with domestic law and in line with international commitments.