On September 19, on the occasion of his visit to the United States to attend the High-level General Debate of the 78th session of the United Nations General Assembly in Washington DC (USA), Prime Minister Pham Minh Chinh received US Secretary of Commerce Gina Raimondo and US Trade Representative Katherine Tai.
Encouraging US high-tech enterprises to do business in Vietnam
At the meeting, Prime Minister Pham Minh Chinh highly appreciated President Joe Biden's State visit to Vietnam; expressed his delight at the establishment of a comprehensive strategic partnership between Vietnam and the United States for peace, cooperation and sustainable development, creating a new impetus and long-term cooperation framework for bilateral relations, opening a new phase for economic, trade and investment cooperation.
Prime Minister Pham Minh Chinh received US Secretary of Commerce Gina Raimondo.
The Prime Minister said that Vietnam considers economic, trade and investment cooperation as the foundation and driving force of the Comprehensive Strategic Partnership with the United States; highly appreciated the US Department of Commerce and Secretary Gina Raimondo personally for their substantial contributions to promoting trade cooperation between the two countries in recent times.
To effectively implement the framework of the Vietnam-US Comprehensive Strategic Partnership, the Prime Minister requested the US Department of Commerce to soon recognize Vietnam's market economy status, continue to pay attention to promoting bilateral economic and trade relations, especially encouraging US high-tech enterprises to do business in Vietnam, and increase delegation exchanges and experience sharing.
The Prime Minister proposed that the United States further open its market to Vietnamese goods, such as electronics, textiles, footwear, agricultural products, and fresh fruits, and cooperate to maintain two-way trade growth as in recent years, while properly considering the interests of Vietnamese enterprises and not using trade defense measures against Vietnamese goods on the basis of ensuring balance, equality, and mutual benefit.
The Prime Minister also suggested that the two sides create breakthroughs in cooperation in science and technology, innovation, education and training; and at the same time further promote cooperation in combating climate change, green growth, and renewable energy development.
Prime Minister Pham Minh Chinh and Minister of Commerce Gina Raimondo discuss the special significance of President Joe Biden's visit to Vietnam.
Minister of Commerce Gina Raimondo shared Prime Minister Pham Minh Chinh's assessment of the special significance of President Joe Biden's visit to Vietnam and the two countries' establishment of a comprehensive strategic partnership framework.
The Minister said that US businesses are very interested in Vietnam to seek business and investment opportunities and believe that after completing negotiations on the Indo-Pacific Economic Framework for Prosperity (IPEF), businesses and investment funds will invest heavily in Vietnam.
Affirming the significance and importance of the two countries establishing a framework for a Comprehensive Strategic Partnership, the US Secretary of Commerce said he would push for the US to soon recognize Vietnam's Market Economy Status, coordinate the implementation of the contents agreed upon in the Joint Statement, especially in priority areas such as economy, trade and investment, etc., and continue to deepen, substantiate and effectively deepen cooperation between the two countries.
Creating breakthroughs in scientific and technological cooperation, innovation, education and training
At a meeting with US Trade Representative Katherine Tai, Prime Minister Pham Minh Chinh highly appreciated the success of President Biden's state visit to Vietnam at the invitation of General Secretary Nguyen Phu Trong.
Prime Minister Pham Minh Chinh and Trade Representative Katherine Tai expressed their pleasure to meet again after Ms. Katherine Tai's visit to Vietnam in February 2023.
The Prime Minister and the US Trade Representative both agreed that the establishment of a comprehensive strategic partnership framework between the two countries opens a new phase for extensive cooperation between the two countries, especially in the fields of economics, trade and investment.
The Prime Minister suggested that the two sides actively coordinate to quickly realize the agreements of the two countries' senior leaders, including the US prioritizing the promotion of the roadmap for recognizing Vietnam's market economy status, further opening the market for Vietnamese goods such as textiles, footwear, and agricultural products, while at the same time properly considering the interests of Vietnamese enterprises, not applying trade defense measures against Vietnamese goods on the basis of ensuring balance, equality, and mutual benefit.
The Prime Minister suggested that the two sides create breakthroughs in cooperation in science and technology, innovation, education and training; and asked the United States to support Vietnam in building a supply chain related to semiconductor chips.
Prime Minister Pham Minh Chinh thanked the US Trade Representative for his contributions to the development of bilateral relations.
The US Trade Representative affirmed the significance and importance of the two countries establishing a comprehensive strategic partnership framework, considering this an opportunity for both sides to cooperate to promote economic and trade relations. US Trade Representative Katherine Tai recalled her deep impressions when visiting Vietnam and the visit helped her understand more about Vietnam.
She affirmed that the United States always considers Vietnam an important partner in the region; wishes to continue promoting bilateral economic and trade cooperation and the US Trade Representative Office will play a role in continuing to promote relations between the two countries in the coming time.
Ms. Katherine Tai informed about the progress and expressed her hope that Vietnam would continue to participate in supporting efforts to soon conclude negotiations on the Indo-Pacific Economic Framework for Prosperity (IPEF) to bring common benefits to countries and people in the region.
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