Trade cooperation a focus of Vietnam-US ties: Deputy PM
The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.
Hanoi (VNA) - The relationship between Vietnam and the US continues to developeffectively in many areas, of which economic and trade cooperation is one of thefocuses, said Deputy Prime Minister Vuong Dinh Hue.
TheVietnamese Government official made the remark at a meeting with US Deputy Trade Representative Jeffrey Gerrish in Hanoi on May 21,during which he affirmed that the Vietnamese Government is making great effortsto improve business environment and fine-tune national competitiveness.
Vietnam attaches importance to perfecting institutions and policiesto create favourable conditions for domestic and foreign investors, including thosefrom the US, to operate effectively in the country, Hue stressed.
Sharing Hue’s opinion, Gerrish said theUS would further develop its cooperation with Vietnam.
The US wants to reach agreement with Vietnam in settling problems related to carimport, electronic payment, and regulations in Vietnam’s draft law on cybersecurity that requires servers managing data of Vietnamese users be installed in Vietnam, he noted.
In his reply, Deputy PM Hue said he would ask relevant ministries to propose waysto address the issues mentioned by Gerrish before a delegation of the VietnameseGovernment make a working visit to the US next month.
Regarding the Vietnam-US trade and economic ties, the Vietnamese Government is concernedabout the US’s imposition of anti-dumping tax on shrimp and leather shoes, and hightaxes on steel and aluminium of Vietnam, Hue said.
Gerrish said he believes difficulties between the two sides would soon beresolved, thus pushing the economic relations between the two countries in thecoming time.-VNA
Vietnamese Ambassador to the US Pham Quang Vinh received Vice President for International Services at the American Red Cross Jono Anzalone on March 26 to review the two countries’ humanitarian cooperation.
The visit of a delegation of US Senate Staff Assistants is meant to show US congressmen’s deep interest in boosting the broader and deeper affiliation between the law-making bodies of Vietnam and the US as well as the two countries’ ties.
Deputy Minister of Industry and Trade Hoang Quoc Vuong and Sandra Oudkirk, Deputy Assistant Secretary at the Bureau of Energy Resources of the US co-chaired the first Vietnam-US Energy Security Dialogue in Hanoi on March 30.
Vietnamese Ambassador to the US Pham Quang Vinh visited the US Naval Postgraduate School (NPS) in Monterey, California, in early April at the invitation of the US Navy.
The Centre for Strategic and International Studies held a dialogue on Vietnam – US relations with Vietnamese Ambassador to the US Pham Quang Vinh and US Ambassador to Vietnam Daniel Kritenbrink,
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the meeting (Source:VNA) 
