Measures sought to promote fair, sustainable trade relations with US

This marks the fifth meeting the PM has held on implementing the conclusions of the Politburo and Party General Secretary To Lam regarding Vietnam’s adaptation to the US’s new tariff policies and strategies for enhancing bilateral trade ties.

Prime Minister Pham Minh Chinh addresses the meeting to discuss promoting fair and sustainable trade relations with the US on April 22 (Photo: VNA)
Prime Minister Pham Minh Chinh addresses the meeting to discuss promoting fair and sustainable trade relations with the US on April 22 (Photo: VNA)

Hanoi (VNA) – Prime Minister Pham Minh Chinh on April 22 chaired a meeting between standing Cabinet members and key ministries and agencies to discuss promoting fair and sustainable trade relations with the US.

This marks the fifth meeting the PM has held on implementing the conclusions of the Politburo and Party General Secretary To Lam regarding Vietnam’s adaptation to the US’s new tariff policies and strategies for enhancing bilateral trade ties.

After listening to reports and discussion of Deputy Prime Ministers and leaders of ministries and sectors, PM Chinh concluded that since the onset of new global trade dynamics, including US President Donald Trump’s new tariffs, Vietnam has made swift and flexible response. These efforts, he said, reflect a calm, proactive, and strategic approach that has been positively acknowledged by the US side.

On the foundation of the Vietnam - US comprehensive strategic partnership, Party General Secretary To Lam has held phone talks with President Trump, and Deputy Prime Minister Ho Duc Phoc was appointed as the General Secretary’s special envoy. The Minister of Industry and Trade was also designated as the Prime Minister’s envoy to directly engage with US counterparts. Senior leaders from the Party and State have met with the US Ambassador to Vietnam, influential politicians, scholars, and business leaders to exchange views and gain a deeper understanding of the situation, he noted.

Vietnam has proactively issued the government's decrees to reduce tariffs where feasbile on the US, resolved issues surrounding US-concerned projects within the legal framework, and increased imports of US goods such as aircraft to help balance trade.

PM Chinh emphasised the importance of continued negotiations with the US to foster a fair and sustainable trade relationship, highlighting a calm, wise, and principled approach, while enhancing dialogue, avoiding confrontation, ensuring equality, and harmonising interests to benefit businesses and consumers on both sides. Above all, he stressed, Vietnam must safeguard its core interests in alignment with the Party’s foreign policy, particularly the recently issued Resolution No. 59-NQ/TW of the Politburo on international integration in the new context.

vna-potal-thu-tuong-chu-tri-hop-thuong-truc-chinh-phu-ve-cac-van-de-thuong-mai-voi-hoa-ky-7987022.jpg
An overview of the meeting (Photo: VNA)

He underlined that Vietnamese goods do not compete unfairly with US products, and the overall trade relationship has benefited American consumers and driven Vietnam’s export growth. Therefore, Vietnam is ready to negotiate based on US proposals.

The PM instructed ministries, especially the negotiation delegation, to thoroughly prepare for talks with the US, adhering to directives from the Politburo, General Secretary To Lam, the Government, and the PM. The goal is to ensure trade between Vietnam and the US remains fair and sustainable, without complicating issues, affecting other international agreements, or disrupting other markets. He also stressed the need for mutually beneficial solutions that balance interests and share risks.

The Government leader held that the current global trade context as both a challenge and an opportunity for Vietnam to restructure its export drivers and businesses. He urged diversification in markets, products, and supply chains, with a focus on improving product quality, lowering costs, and investing in high-tech, green, circular, knowledge-based, and sharing economies anchored in science, technology, and digital transformation.

He tasked ministries, sectors, and localities with cooperating to address US concerns, while simultaneously improving institutional frameworks to foster development and protect domestic production. Key areas include product origin verification, anti-smuggling measures, combating trade fraud, and curbing counterfeit goods.

Additionally, he urged a review of tax refund mechanisms, reduction in administrative procedures, costs, and processing times as per Resolution 66/NQ-CP. He called for the immediate establishment of a National One-Stop Investment Portal, a National Investment Promotion Centre, and corresponding centres at the provincial level.

The overarching goal is to attract high-quality investment aligned with Vietnam’s development strategy, particularly in high-tech sectors, encouraging long-term, sustainable investors to engage in technology transfer, talent development, R&D, and supporting Vietnamese businesses’ integration into global supply chains, he stated./.

VNA

See more

Prime Minister Pham Minh Chinh (left) and Thailand's Prime Minister Paetongtarn Shinawatra inspect the guard of honour in Hanoi on May 16. (Photo: VNA)

Prime Minister hosts welcome ceremony for Thai counterpart

This is the first visit to Vietnam by PM Paetongtarn since she took office, and also the first by a Thai Government leader in 11 years. Additionally, it marks the first joint cabinet meeting between the two countries’ prime ministers in 10 years.

The UN Day of Vesak celebration held at the UN headquarters in New York on May 14 (local time). (Photo: VNA)

Vietnam endorses widespread compassion, harmony, tolerance: ambassador

Vietnam has successfully hosted the 2025 UN Day of Vesak Celebrations, drawing Buddhist dignitaries, monks, nuns and followers from numerous countries. Giang noted that this year’s event coincided with Vietnam’s 50th anniversary of national reunification and forthcoming 80th National Day.

National Assembly Chairman Tran Thanh Man (R) welcomes Thai Prime Minister Paetongtarn Shinawatra in Hanoi on May 15. (Photo: VNA)

NA Chairman meets with visiting Thai Prime Minister

NA Chairman Tran Thanh Man suggested Thailand continue to coordinate with Vietnam and other countries to maintain ASEAN's common viewpoint on the East Sea, striving to build the East Sea into a sea of ​​peace and cooperation.

Spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang (Photo: baochinhphu.vn)

Vietnam protests China's fishing ban in East Sea

The spokesperson reiterated that Vietnam’s position on China’s fishing ban in the East Sea is consistent and has been repeated many times. The ministry has conducted communications with the Chinese Embassy in Hanoi and handed over a diplomatic note to the Chinese side to oppose this fishing ban, she said.

Prime Minister Pham Minh Chinh (R) receives Mariam J. Sherman, World Bank Country Director for Vietnam, Cambodia and Laos in Hanoi on May 15. (Photo: VNA)

PM calls for WB’s assistance for large scale infrastructure projects

Prime Minister Pham Minh Chinh stated that the Vietnamese Government always regards the WB as an important, close, and trusted partner that has provided great support and made positive contributions to the country’s socio-economic development, helping the Southeast Asian nation achieve significant accomplishments in its “Doi moi” (renewal) process, international integration, and sustainable development.

Speakers at the Stimson Centre event (Photo: VNA)

Vietnam, US review 50 years of peace and reconciliation

Rachel Stohl, Senior Vice President of Research Programmes at the Stimson Centre, said Vietnam and the US have gone from former foes to comprehensive strategic partners, and are working together for peace and for the benefit of their peoples.

Vietnamese Ambassador to India, Nepal and Bhutan Nguyen Thanh Hai (Photo: VNA)

People-to-people exchange helps deepen Vietnam – Nepal relationship: Diplomat

Vietnamese Ambassador to India, Nepal and Bhutan Nguyen Thanh Hai said in recent years, the strong promotion of people-to-people exchange has truly served as a bonding force between the two countries, noting that the Vietnam – Nepal Friendship Association (VNFA), established in September 2014, has played an active role in this regard.