
Vietnam, US conclude second round of talks on reciprocal trade deal
The two sides sought to harmonise and balance interests in conformity with international commitments, with the development level of each country taken into account.
The two sides sought to harmonise and balance interests in conformity with international commitments, with the development level of each country taken into account.
Minister of Industry and Trade Nguyen Hong Dien asked the US corporate leaders to convey Vietnam's message to the administration of President Donald Trump: the two countries’ comprehensive strategic partnership is creating momentum for US businesses to thrive in Vietnam. Strengthening long-term cooperation will yield strategic benefits, help balance trade relations fairly and sustainably, and Vietnam should be treated as a priority trading partner.
Minister of Industry and Trade Nguyen Hong Dien called for a comprehensive reform of the World Trade Organisation to strengthen its role and adaptability in the changing global economic landscape.
Minister of Industry and Trade Nguyen Hong Dien called for the development of bilateral trade relations in a balanced, long-term, and sustainable manner, in full compliance with Vietnam’s international commitments and without affecting its relationships with other partners.
Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).
Minister of Industry and Trade Nguyen Hong Dien, head of the Vietnamese government trade negotiation delegation, on April 23 evening held a phone call with United States Trade Representative Jamieson Greer to officially launch talks on bilateral economic and trade issues between Vietnam and the US.
Vietnamese ministries and sectors stand ready to address the US’s concerns and work together to find mutually beneficial solutions based on the principle of harmonised interests and shared risks, said Minister of Industry and Trade Nguyen Hong Dien.
The minister expressed his delight at the progress in bilateral economic ties, noting that Vietnam-Guangxi trade reached 41.6 billion USD in 2024, a 15.4% increase year on year. Vietnam has been Guangxi’s largest trading partner for 26 consecutive years, he said.
The US is now Vietnam's fifth-largest import market, with five import categories exceed 1 billion USD, namely chemicals, animal feed, plastics, materials, and machinery.
Specific mechanisms and policies are critically important to speeding up the project, helping ensure national energy security and meet power demand of socio-economic development in the new era, Minister of Industry and Trade Nguyen Hong Dien said.
As the year 2025 holds special significance for the country's progress, the Ministry of Industry and Trade has outlined breakthrough tasks aimed at reaching double-digit GDP growth.
Minister of Industry and Trade Nguyen Hong Dien pledged Vietnam’s support to Czech businesses and investors while addressing the bilateral business forum held in Prague on January 20 as part of Prime Minister Pham Minh Chinh’s official visit to the European country.
A delegation of the Vietnamese Ministry of Industry and Trade led by Minister Nguyen Hong Dien had a working session with TNB Renewables Sdn Bhd in Kuala Lumpur on November 22.
Minister of Industry and Trade Nguyen Hong Dien has called on China to foster investment cooperation with Vietnam, given the country’s favourable geographical location and signing and negotiations of various free trade agreements that China could capitalise on.
Minister of Industry and Trade Nguyen Hong Dien on August 30 held talks with Liu Ning, visiting member of the Communist Party of China (CPC) Central Committee and Secretary of the CPC Committee of China’s Guangxi Zhuang Autonomous Region.
Minister of Industry and Trade Nguyen Hong Dien chaired a working session with energy and mineral enterprises in Hanoi on August 27 to discuss the promotion of coal trading with Laos.
The National Assembly continued its 7th session’s question-and-answer activity in Hanoi on June 5 morning, with Minister of Industry and Trade Nguyen Hong Dien fielding queries, mostly focusing on the development of supporting industries.
Paraguayan daily ABC Color has highlighted a recent Vietnam visit by Paraguayan Minister of Industry and Commerce Javier Gimenez, who came in efforts to promote bilateral cooperation.