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Việt Nam strengthens financial cooperation with Mexico

Update: February, 16/2017 - 14:00
Vietnamese Deputy Minister of Finance Đỗ Hoàng Anh Tuấn (second left) and Mexican Minister of Finance and Public Credit Jose Antonio Meabe (second right) meet in Mexico City. — Photo VNA
Viet Nam News

MEXICO CITY — Việt Nam and Mexico have agreed to speed up negotiations for the signing of an agreement on customs co-operation and another deal on double tax avoidance.

The consensus was reached at a meeting between Vietnamese Deputy Minister of Finance Đỗ Hoàng Anh Tuấn and Mexican Minister of Finance and Public Credit Jose Antonio Meabe.

The officials held that the future customs deal will be signed based on negotiations on customs in a relevant chapter of the Trans-Pacific Partnership (TPP) agreement and the two ministries should enhance co-operation in the time to come.

Tuấn, who paid a working visit to Mexico from February 12 to 14, proposed that the Mexican Ministry of Finance and Public Credit send a delegation to Việt Nam in April 2017 to finalise the double tax avoidance agreement.

Meabe noted Mexico and Việt Nam are open economies with similarities, affirming that Mexico is willing to share experiences with Việt Nam in finance.

Earlier, Tuấn met with director of the Tax Management Agency Osvaldo Santin. The two sides discussed a wide range of issues related to online receipts, as well as measures to prevent risks, tax fraud and protect the rights of taxpayers.

At a meeting with Deputy Minister for Revenue Miguel Messmacher of the Ministry of Finance and Public Credit, the two sides discussed ways to manage budget revenue, while sharing experiences in managing private and corporate income taxes, special consumption tax and value added tax. — VNS

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