Deputy Prime Minister Pham Gia Tuc on May 18 signed a decision on the establishment of a Government delegation for international economic and trade negotiations.
According to the agreed plan, the fifth round of in-person negotiations on the Vietnam–United States Reciprocal Trade Agreement concluded after the three-day session from November 12 to 14 in Washington DC, the Ministry of Industry and Trade reported.
Minister of Industry and Trade Nguyen Hong Dien held talks with US Congressman Adrian Smith in Washington D.C. on November 13, seeking to advance Vietnam-US trade negotiations and expand imports of American agricultural products.
VOV.VN - Since July, exports from several sectors to the US have slowed as American buyers tighten orders and ask Vietnamese businesses to share the burden of the 20% reciprocal tariff.
Vietnam’s economic outlook is heavily dependent on the outcome of trade negotiations and is constrained by elevated global uncertainty on trade policies and economic growth, according to an International Monetary Fund (IMF) team led by Paulo Medas.
VOV.VN - Vietnam and the United States have achieved substantial progress and narrowed gaps across all negotiation areas during the third round of talks on a bilateral reciprocal trade agreement, according to a press release from the Ministry of Industry and Trade (MoIT) issued on June 15.
Prime Minister Pham Minh Chinh emphasised the principle of “harmonising benefits, sharing risks” and ensuring Vietnam's core interests in the continued trade talks with the US while presiding over a meeting of permanent Government members in Hanoi on May 24.
VOV.VN - Prime Minister Pham Minh Chinh on May 6 chaired a meeting between permanent cabinet members and leaders of ministries and sectors to assess the current trade situation in the new context and negotiations for balanced and sustainable trade ties with the US.
Prime Minister Pham Minh Chinh has just appointed Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan as head of the Government delegation for international economy and trade negotiations.