Minister of Industry and Trade discussed with the US Secretary of Commerce about strengthening bilateral economic and trade cooperation commensurate with the comprehensive strategic partnership

17/11/2023

Within the framework of the working program in the United States, accompanying the President to attend the 2023 APEC Summit Week in San Francisco, USA; On the afternoon of November 16, on the sidelines of the APEC Summit, Minister of Industry and Trade Nguyen Hong Dien had a discussion with Ms. Gina Raimondo, US Secretary of Commerce, about specific plans to strengthen economic cooperation. bilateral trade and investment in the coming time, focusing on important areas such as energy and industry; promote early recognition by the United States

The two Ministers were pleased to see the recent new and very positive cooperation trends between the two countries' business communities, after the bilateral relationship was upgraded to a comprehensive strategic partnership, and agreed to evaluate Economic and trade cooperation will be both a pillar and a driving force for strong development in all fields of cooperation between the two countries.

Minister Nguyen Hong Dien and US Secretary of Commerce Gina Raimondo agreed that the two agencies need to increase exchanges through the policy dialogue mechanism of the Vietnam - US Trade and Investment Council (TIFA), At the same time, effectively deploy cooperation programs, create substantive changes, commensurate with the comprehensive strategic partnership, especially promoting cooperation in strategic fields such as energy. , semiconductors, developing fundamental industries in Vietnam...

On this occasion, Minister Nguyen Hong Dien requested the US Department of Commerce to speed up the process of reviewing, reviewing and soon recognizing Vietnam as a country with a market economy; At the same time, there is an objective and fair assessment in accordance with WTO regulations in trade defense investigation cases. The Minister affirmed that Vietnam is ready to strengthen dialogue with the United States to resolve remaining economic and trade issues and welcomed the US side to continue to contribute opinions to improve the legal framework. current, creating an open business environment and favorable conditions for business operations, meeting the interests of both countries.

For her part, US Secretary of Commerce Gina Raimondo pledged to promote the review of Vietnam's market economy issues in an objective and transparent manner; and said that US businesses are currently very interested and wish to participate in cooperation and investment in many fields in Vietnam, of which energy and new industries are the top priorities./.

 

Minh Toan