According to a recent release from the Vietnam Government, Vietnam's Prime Minister Nguyễn Xuân Phúc met with officials from Tanzania on 2 August 2017 and recommended that both sides promptly finalize negotiations for the signing of an income tax treaty and an investment protection agreement in order to strengthen bilateral trade and investment relations. The treaty will be the first of its kind between the two countries, and must be finalized, signed and ratified before entering into force.