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Vietnam - US negotiations make much progress

(PLVN) - On June 15, the Ministry of Industry and Trade announced that Vietnam has concluded the third round of negotiations on the bilateral agreement on reciprocal trade between Vietnam and the US. Notably, in this round of negotiations, for the first time, there was simultaneous negotiation between the Minister of Industry and Trade and two US Ministers.

Báo Pháp Luật Việt NamBáo Pháp Luật Việt Nam15/06/2025

More specifically, the Ministry of Industry and Trade said that the third round of negotiations on the bilateral agreement on reciprocal trade between Vietnam and the US took place over 4 days in Washington DC, USA.

During the four days of negotiations, the Vietnamese and US delegations made much progress, narrowing the gap in all areas of negotiation. The two sides had frank and constructive discussions on issues of concern to each country as stated in the Response Document that Vietnam sent to the US, and spent time listening to analyses and explanations towards a suitable solution that both sides could accept.

In addition, the two sides also agreed to hold an online meeting in the coming days to continue discussing outstanding issues and prepare for online negotiations between US Secretary of Commerce Howard Lutnick and Minister Nguyen Hong Dien.

Notably, according to the Ministry of Industry and Trade, on the afternoon of the 4th working day (the last session of the technical-level negotiation session), Minister Nguyen Hong Dien had a negotiation session at the same time with US Secretary of Commerce Howard Lutnick and Ambassador Jamieson Greer, Chief of the US Trade Representative. This is the first time the US has proposed a form of ministerial-level negotiation in such a manner.

At the negotiation session, based on the results of the 4-day negotiation between the two sides, Minister Nguyen Hong Dien proposed a number of ideas to promote the process and bring about the negotiation results. Both US Ministers highly appreciated Vietnam's goodwill and efforts in the negotiation and basically agreed with the ideas proposed by Minister Nguyen Hong Dien, considering them an important basis for the two sides to continue discussing the necessary work to promote the achievement of an agreement between the two countries.

After the plenary session with the two US Ministers, Minister of Industry and Trade Nguyen Hong Dien had a direct discussion with Minister of Commerce Howard Lutnick to clarify the contents discussed at the plenary session. Minister Lutnick affirmed that the US highly values ​​its relationship with Vietnam and wants Vietnam to develop strongly. He acknowledged Vietnam's suggestions and concerns and said that he would agree with the US Trade Representative to have an appropriate solution.

Minister Nguyen Hong Dien highly appreciated the assessments of Minister Lutnick and Ambassador Greer and affirmed Vietnam's determination to build and promote economic and trade relations with the US in a balanced and sustainable manner for the benefit of the people and businesses of the two countries. The Ministers agreed to assign technical levels of the two sides to continue to strengthen exchanges to soon reach an agreement in accordance with the expectations and conditions of each side.

Source: https://baophapluat.vn/dam-phan-viet-nam-my-dat-nhieu-tien-bo-post551853.html


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