During his working trip to the United States, on June 9, in Washington DC, Minister of Industry and Trade Nguyen Hong Dien had a meeting with Mr. Jeffrey Perlman - Chairman of Warburg Pincus Investment Fund and Chairman of the US-ASEAN Business Council (USABC).
At the meeting, Minister Nguyen Hong Dien affirmed that the United States is one of Vietnam's leading important economic partners.
He emphasized that the economic relations between the two countries are complementary, contributing to creating competitive advantages, promoting sustainable development, in line with the orientation of building an independent, self-reliant economy and deep international integration of Vietnam.
The Minister asked USABC and the US business community to continue supporting Vietnam in the process of negotiating a reciprocal trade agreement between the two countries. At the same time, coordinate to promote the potential and investment and business opportunities in Vietnam to US partners.
On the USABC side, Mr. Jeffrey Perlman expressed his confidence in Vietnam's economic development prospects and affirmed that Vietnam is Warburg Pincus' second largest market in Asia.
Warburg Pincus is committed to long-term investment in Vietnam and will have an active voice in supporting Vietnam in promoting bilateral economic and trade relations.
In addition, Mr. Perlman also said that he will soon work with Secretary of Commerce Howard Lutnick, Treasury Secretary Scott Bessent and United States Trade Representative (USTR) Jamieson Greer to propose the following contents:
- USABC supports a balanced, harmonious trade agreement between Vietnam and the United States;
- The United States needs to strengthen cooperation with ASEAN - a region that plays a strategic role in US policy;
- The current trade deficit is a natural result of the relationship between a developed economy like the United States and an economy in the early stages of development like Vietnam, and needs to be assessed objectively and comprehensively.
The two sides also discussed potential areas of cooperation such as energy, industry, digital transformation, green transformation, logistics and supply chain development. USABC pledged to continue accompanying Vietnam in its efforts to maintain macroeconomic stability and sustainable development.
On the same afternoon, Minister Nguyen Hong Dien had a working session with leaders of the American Apparel and Footwear Association (AAFA) and leading US textile, garment and footwear enterprises such as: GAP, Levis Strauss, Hanes Brands, Under Armour...
The Minister affirmed that Vietnam is ready to be a reliable partner in the global supply chain and wishes to strengthen coordination to build a fair, highly adaptive and sustainable trade environment.
At the meetings, Minister Nguyen Hong Dien asked large US associations and corporations with strong influence to give their opinions to the Trump administration to convey Vietnam's message: "The Comprehensive Strategic Partnership between Vietnam and the United States has been strongly promoted and created favorable conditions to help US companies invest and do business smoothly in Vietnam.
Therefore, cooperation with Vietnam will bring long-term strategic benefits and contribute to improving the trade balance in a fair, harmonious and sustainable manner between the two countries. Vietnam needs to be treated as a priority trade partner of the United States.
Vietnam proposes that the United States work with Vietnam to resolve current economic and trade issues, promptly recognize Vietnam as a market economy, and remove Vietnam from the D1 and D3 lists restricting the export of high-tech products. This will contribute to bringing practical benefits to both countries in both the short and long term.
Source: https://vietnamnet.vn/chu-tich-quy-dau-tu-cua-my-noi-thang-su-that-ve-tham-hut-thuong-mai-voi-viet-nam-2410219.html
Comment (0)