On July 9, 2009, at the headquarter of Finance Ministry. Deputy Minister Tran Xuan ha received Michael Ruffner, Director Office of Technical Assistance, US Department of the Treasury. At the meeting, the two sides discussed on the technical support of the US Department of the Treasury to Vietnam Finance Ministry.
In the past time, the US Department of the Treasury has supported Vietnam Finance Ministry mainly on 3 sectors Tax, Insurance and Bond and Capital market. Regarding tax sector, technical support agreement was signed in May 2007. Accordingly, the US Department of the Treasury assists 4 fields: human resources management, enhancing internal inspector capacity, training management staff, international tax… In 2008, the two sides agreed to supplement new content on supporting to implement Tax Law on Personal Income in Vietnam . For insurance sector, a cooperation agreement on insurance was signed in 2007. With respect to capital and bond market, there are 2 programs: Cooperation on small and medium size credit guarantee which was signed in 2007 and Cooperation on managing and issuing Government bonds. Furthermore, Vietnam Finance Ministry has just signed the TOR on cooperation with the US Department of the Treasury in managing and issuing Government bonds.
At the meeting, Director Michael Ruffner thanked Deputy Minister Ha for his time to receive the delegation. On regard to cooperation programs, he hopes that Vietnam Finance Ministry continues to provide information and perfect administrative steps so that these programs will be put in to operation effectively.
Deputy Minister Tran Xuan Ha highly appreciated goodwill of the US Department of the Treasury in building and implementing technical support agreements. He hopes that with his position, the Director Office of Technical Assistance of the US Department of the Treasury continues to strengthen the relation of the two Ministries in private and between Vietnam and the US in general.