Economic diplomacy should create more frameworks for Vietnam-US cooperation: Ambassador
Economic diplomacy should maintain and create more economic cooperation frameworks, including investment and trade agreements, between Vietnam and the US, a diplomat has said.
At the conference on the implementation of the Government’s action programme materialising a directive by the Party Central Committee's Secretariat on economic diplomacy. (Photo: VNA)
Washington D.C. (VNA) – Economic diplomacy shouldmaintain and create more economic cooperation frameworks, including investmentand trade agreements, between Vietnam and the US, a diplomat has said.
Vietnamese Ambassador to the US Nguyen Quoc Dungmade the suggestion in an interview granted to the Vietnam News Agency on outcomes of the conference on the implementation of the Government’s actionprogramme materialising a directive by the Party Central Committee'sSecretariat on economic diplomacy, which took place in Hanoi last month.
This is the biggest-ever conference on economicdiplomacy, he said, adding that it helps raise the confidence of Vietnameserepresentative offices abroad in economic diplomacy, which has received thestrong support from the government, ministries and agencies at home.
Noting challenges to the global economy, Dung also pointed to favourable conditions for Vietnam to tap the US market. He tookthe examples of the US’s diverse demand for goods, and Vietnam’s attractivenessin terms of geographical location, policies adopted by the government, andcapacity of localities and businesses.
Vietnam is working on the Indo-Pacific EconomicFramework for Prosperity, while the US plays host to the Asia-Pacific EconomicCooperation (APEC) this year, which would facilitate economic links between thetwo countries, the ambassador added.
Vietnamese Ambassador to the US Nguyen Quoc Dung (Photo: VNA)
Dung suggested Vietnam maintain the market to increaseits exports to the US, work to protect legitimate rights of businesses inthe face of anti-dumping and trade fraud investigations on Vietnamese goods,and step up trade promotion in the areas where Vietnam has demand and the UShas strengths like renewable energy, semiconductor industry and high-tech agriculture.
The diplomat stressed that US investors haveexpanded their operations in Vietnam, and many others have shown theirintereste in the Southeast Asian market.
Notably, more Vietnamese firms have invested in theUS and they have received appreciation from the host country.
These are favourable conditions for Vietnam’seconomic diplomacy in the US, the ambassador continued.
To better economy diplomacy, Dung stressed the needto raise public awareness of the work, tighten coordination between ministriesand agencies, and increase resources, both workforce and finance, for units athome and representative offices abroad./.
Positive outcomes in the Vietnam-US relations will create a foundation for the two countries to elevate their ties to a new height, for the sake of their people, and for peace, stability and development in the region and the world at large, Party General Secretary Nguyen Phu Trong told US Secretary of State Antony Blinken in Hanoi on April 15.
Minister of Foreign Affairs Bui Thanh Son and US Secretary of State Antony Blinken shared the view that Vietnam and the US should continue with their cooperation and promote the bilateral ties on the basis of the principles agreed by their high-ranking leaders, during their talks in Hanoi on April 15.
After 10 years since the establishment of the comprehensive partnership and almost 28 years since the normalisation of diplomatic ties, Vietnam and the US have built relations of dynamic and effective development, according to US Secretary of State Antony Blinken.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
At the conference on the implementation of the Government’s action programme materialising a directive by the Party Central Committee's Secretariat on economic diplomacy. (Photo: VNA) 
Vietnamese Ambassador to the US Nguyen Quoc Dung (Photo: VNA) 
