US Congressman Adrian Smith expressed his belief that Vietnam and the US would soon conclude reciprocal trade negotiations and that the agreement would generate meaningful benefits for bilateral economic and trade cooperation
The two officials discussed bilateral economic and trade relations as well as potential areas for deeper cooperation. They agreed that despite difficulties, the Vietnam–US Comprehensive Strategic Partnership has continued to grow fruitfully.
With trust and mutual respect, Vietnam and the US are writing a new chapter of long-term cooperation, for the benefit of the people of the two countries and for peace and prosperity in the region and the world.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
The second round of negotiations on a reciprocal trade agreement between Vietnam and the US is being held in Washington, D.C. from May 19 to 22, according to the Ministry of Industry and Trade.
Hosting US-based Pacifico Energy (PE) founder and CEO Nate Franklin in Hanoi, Party General Secretary To Lam on March 14 suggested PE further expand its cooperation and investment in Vietnam, including new energy transition projects, while expediting ongoing initiatives.
Secretary of the Party Central Committee and Chairman of its Commission for External Relations Le Hoai Trung paid a working visit to the US from December 2-5.
Party General Secretary and State President To Lam attended a seminar on enhancing Vietnam-US cooperation in the development of the semiconductor and artificial intelligence (AI) industries in New York on September 22 as part of his attendance at the High-level Week of the 79th session of the UN General Assembly and working trip to the US.
The US remains the largest importer of Vietnamese goods during the first seven months of 2023 with an estimated turnover of 52.4 billion USD. It was followed by China with a projected figure of 58.6 billion USD.
The “For peace and friendship among nations” insignias, the most noble award of the Vietnam Union of Friendship Organisations (VUFO), have been conferred upon three US friends for their contributions to preventing the US war in Vietnam, addressing the consequences of the war, reconciling and promoting the Vietnam-US people-to-people exchanges.
Politburo member and Secretary of the HCM City Party Committee Nguyen Van Nen has vowed to clear hurdles and create best conditions possible for the development of the Vietnam-US relations.
The recently concluded ASEAN-US Special Summit, taking place after a 5-year hiatus, marking the 45th anniversary of the sides’ dialogue relations has demonstrated the US’s determination and strong efforts and is a vivid proof of their appreciation of such ties as well as commitment to and wish for promoting it.
Prime Minister Pham Minh Chinh is leading a Vietnamese delegation to attend the ASEAN-US Special Summit in Washington D.C at the invitation of US President Joe Biden. The Vietnamese entourage will work with the US and the United Nations from May 11-17.
Bilateral trade between Vietnam and the US set a new milestone, hitting 111.5 billion USD in 2021, up nearly 21 billion USD over the previous year, according to the General Department of Customs.
Vietnam Electricity (EVN) and the US Trade and Development Agency (USTDA) on May 22 finalised a grant agreement on technical assistance for a liquefied natural gas (LNG) terminal and gas-to-power project in southern Vietnam.
National Assembly (NA) Vice Chairman Gen. Do Ba Ty, led a NA high-level delegation, is visiting the US from July 21-27 to bolster the Vietnam-US Comprehensive Partnership.