PM Chinh suggested US continue to open its market for Vietnamese goods

VOV.VN - Prime Minister Pham Minh Chinh suggested the US continue to open its market for Vietnamese goods such as garments and textiles, footwear and electronics at an October 25 reception in Hanoi for Chief Economist at the US Department of State Emily Blanchard, who is on a working visit to Vietnam.

At the reception, the Vietnamese Government leader hailed the contributions of the US Department of State and Emily Blanchard personally to the development of Vietnam - US relations, including economic ties in recent times. .

The two sides reviewed tremendous achievements in the bilateral ties, agreeing that the Vietnam - US relationship has seen comprehensive, stable and substantive developments, bringing practical benefits to both countries and contributing to peace, stability, cooperation and development in the region and the world.

They underscored the significance of the upgrading of the Vietnam - US relationship to a comprehensive strategic partnership in September, saying that this will bring opportunities and practical benefits to both nations.

PM Chinh proposed  Vietnam and the US further strengthen the Comprehensive Strategic Partnership in a more effective and substantive manner, focusing cooperation in economics - trade - investment, science - technology, innovation, digital transformation, semiconductor chip production, and high quality human resources training

He also suggested the US side continue cooperation with Vietnam in energy transition, climate change response, tourism and people-to-people exchange, handling of post-war consequences, and enhancement of national governance capacity, and increase scholarships to Vietnamese students.

The Vietnamese Government chief greatly valued the US government's decision to consider recognizing Vietnam's market economy status, urging the US side to finalize this process soon.

He underlined the need for both sides to enhance connection between their economies, and intensify harmonious and sustainable trade exchange, and facilitate investment cooperation between the two sides' businesses.

PM Chinh asked the US to limit anti-dumping and anti-subsidy tax measures and other unnecessary measures on Vietnamese exports, especially farm produce, wooden products and items that directly impact jobs and livelihoods of people.

He affirmed that the Vietnamese Government will always accompany, support and create an open, transparent, safe and healthy business and investment climate for US businesses to operate effectively in the country.

In response, Blanchard consented to the PM's proposal on the need to concretise and effectively carry out the new relationship framework between the two nations, especially promoting above-mentioned key areas.

She applauded Vietnam's outstanding achievements in economic growth, macroeconomic management, and inflation control, expressing her confidence that with the increasingly improved investment and business environment in Vietnam, the country will attract more US investors in the time ahead.

There remains room for the two sides to further expand cooperation, she said, while pledged her nation’s continued contribution to reinforcing and deepening the Vietnam-US relations.

She assured the US’ willingness to share its experience in economic policy as well as how to coordinate to effectively respond to fluctuations in the global economy.

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