Strengthening the Vietnam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.
Vietnam did not manipulate the rate of exchange between the Vietnamese dong and the US dollar for purposes of preventing effective balance of payment adjustments, or gaining unfair competitive advantage in international trade in the four quarters to December 2023, according to a recent report of the US Department of the Treasury (USDT).
Deputy Prime Minister Le Minh Khai held phone talks with US Secretary of the Treasury Janet Yellen on June 5, noting that her Vietnam visit in July 2023 paved the way for the upgrade of bilateral relationship to a comprehensive strategic partnership during US President Joe Biden’s official visit to Vietnam two months later.
Vietnam will maintain close cooperation and regular and effective communications channels with the US, share information, increase understanding and tackle outstanding problems in bilateral ties, especially in economy and trade, to help bilateral economic ties meet both sides’ interests, Foreign Ministry Spokeswoman Pham Thu Hang told a regular press meeting on November 9.
The US Department of the Treasury has continued not to list Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) said on November 8.
Vietnam has continued to be excluded from the US Department of the Treasury’s monitoring list of currency manipulators in its latest report on macro-economic and foreign exchange policies of major trading partners of the US.
The US Department of the Treasury has recognised the progress made by Vietnam in its recently released report on macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) said on June 13.
Vietnam welcomes the US Department of the Treasury’s positive adjustment to the content related to Vietnam in the department’s latest report on the macroeconomic and foreign exchange policies of major trading partners of the US, said Spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang.
Deputy ministers of finance and deputy governors of central banks in ASEAN and the US gathered together at an online meeting on October 1, held as part of the ASEAN Finance Ministers and Central Bank Governors’ Meeting hosted by Vietnam.
The Ministry of Finance inked a cooperation framework to strengthen infrastructure finance with the US Department of the Treasury in Hanoi on November 6.
Politburo member and head of the Party Central Committee’s Economic Commission Nguyen Van Binh had a meeting with a delegation of the US Department of the Treasury in Hanoi on July 24.
Thailand’s commerce minister Apiradi Tantraporn on October 18 rejected claims that the country engages in unfair currency practices to gain a trade advantage over partners, particularly the US.
