Dien stated that Vietnam has a strong and stable demand for US products, equipment, and services, especially in hi-tech and energy sectors. He affirmed Vietnam’s commitment to fostering a transparent and healthy trade environment, noting that Vietnam stands ready to boost coordination with the US side in combating trade fraud, origin fraud, and illegal transshipment.
The Government’s law-building session for May, the conclusion of the second round of negotiations on a reciprocal trade agreement between Vietnam and the US, and Vietnam's participation in SEMICON Southeast Asia 2025 are among news highlights on May 22.
The two sides sought to harmonise and balance interests in conformity with international commitments, with the development level of each country taken into account.
Party General Secretary To Lam's reception for Director of the UNESCO World Heritage Centre Lazare Eloundou Assomo, the Government's issuance of an action plan to implement the Politburo’s Resolution No. 68-NQ/TW on developing the private sector, and the second round of negotiations on a reciprocal trade agreement between Vietnam and the US are among news highlights on May 20.
The two sides exchanged views in an open, straightforward, and constructive manner on the issues of mutual interest, working to clarify the draft agreement's wording and providing information on current policies of each side to lay the groundwork for further steps.
Minister of Industry and Trade Nguyen Hong Dien called for the development of bilateral trade relations in a balanced, long-term, and sustainable manner, in full compliance with Vietnam’s international commitments and without affecting its relationships with other partners.
The US has agreed to begin negotiations on a reciprocal trade agreement with Vietnam, as proposed by Vietnamese Deputy Prime Minister Ho Duc Phoc at his meeting with US Trade Representative Jamieson Greer on April 9.
US Trade Representative Jamieson Greer said the reciprocal trade agreement should include arrangements on tariffs and proposed that technical-level representatives from both countries start discussions immediately.