US Embassy replies to Vietnam News Agency on Vietnam-US trade ties
The US President is determined to pursue free, fair, and reciprocal trade and investment terms for American businesses, farmers, and workers with all U.S. economic partners, including friends like Vietnam, the spokesperson of the US Embassy in Hanoi said on July 1.
Hanoi (VNA) – The US President is determined to pursue free, fair, and reciprocal trade and investment terms forAmerican businesses, farmers, and workers with all U.S. economic partners,including friends like Vietnam, the spokesperson of the US Embassy in Hanoi saidon July 1, in reply to the Vietnam News Agency’s question on Vietnam-US tradeand investment ties.
“We have spokenforthrightly with our Vietnam partners about our persistent trade imbalance,and hope Vietnam takes steps in the near term to address our concerns in aconstructive manner,” the spokesperson said.
Earlier on June28, in reply to reporters’ question about Vietnam’s reaction to US PresidentDonald Trump’s remark on the Vietnam-US economic-trade ties, Foreign Ministry spokespersonLe Thi Thu Hang affirmed that with the view that the two economies cansupplement each other, Vietnam wants to promote free and faireconomic-trade-investment ties with the US on the basis of mutual benefit.
She went onto say that in that spirit, Vietnam has made many efforts to improve the tradebalance between the two countries, by increasing the import of products whichare in the US’s strength and needed by Vietnam, bettering the investment andbusiness environment, creating favourable conditions for US firms which want tooperate in Vietnam, and encouraging Vietnamese firms to invest and do businessin the US.
Accordingto the spokesperson, Vietnam has implemented numerous measures to curb andprevent trade frauds and the export of foreign goods disguised as Vietnam-madegoods to other markets.
Vietnam andthe US regularly hold discussions through available mechanisms such as theTrade and Investment Framework Agreement (TIFA) to form a long-term andcomprehensive cooperative strategy, further intensify bilateral economic, tradeand investment relations and timely address arising problems, Hang said.
Statisticsof the Vietnam Chamber of Commerce and Industry showed that the US has beenamong leading trade partners of Vietnam with bilateral trade value surging bymore than 130 times since 1994. The US’s exports to Vietnam rose by nearly 40percent in 2018. US investors are running 900 valid projects in Vietnam withtotal investment capital of more than 9 billion USD.-VNA
Deputy Prime Minister and Foreign Minister Pham Binh Minh had meetings with several US officials in Washington DC on May 23 as part of his official visit to the North American nation.
The Government of Vietnam will continue creating optimal conditions for US businesses, including Hanesbrands clothing company, to operate effectively in the Southeast Asian country, Deputy Prime Minister Trinh Dinh Dung affirmed on June 12.
The normalisation of Vietnam - US diplomatic relations in 1995 has ushered in a new era for their bilateral relations, benefiting not only the two countries but also the global arena.
Known as the “four pillars for Vietnam’s ascend”, the Pobiburo's Resolutions 57, 59, 66, and 68 focus on cultivating a robust national entrepreneurial spirit, unlocking resources for innovation across society, and accelerating the development of digital economy, knowledge-based economy, green economy, and circular economy, propelling Vietnam forward rapidly and firmly on the path of modernisation and international integration.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
Illustrative image (Photo: vneconomictimes.com) 
