Trade cooperation a focus of Vietnam-US ties: Deputy PM
The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.
Hanoi (VNA) - The relationship between Vietnam and the US continues to developeffectively in many areas, of which economic and trade cooperation is one of thefocuses, said Deputy Prime Minister Vuong Dinh Hue.
TheVietnamese Government official made the remark at a meeting with US Deputy Trade Representative Jeffrey Gerrish in Hanoi on May 21,during which he affirmed that the Vietnamese Government is making great effortsto improve business environment and fine-tune national competitiveness.
Vietnam attaches importance to perfecting institutions and policiesto create favourable conditions for domestic and foreign investors, including thosefrom the US, to operate effectively in the country, Hue stressed.
Sharing Hue’s opinion, Gerrish said theUS would further develop its cooperation with Vietnam.
The US wants to reach agreement with Vietnam in settling problems related to carimport, electronic payment, and regulations in Vietnam’s draft law on cybersecurity that requires servers managing data of Vietnamese users be installed in Vietnam, he noted.
In his reply, Deputy PM Hue said he would ask relevant ministries to propose waysto address the issues mentioned by Gerrish before a delegation of the VietnameseGovernment make a working visit to the US next month.
Regarding the Vietnam-US trade and economic ties, the Vietnamese Government is concernedabout the US’s imposition of anti-dumping tax on shrimp and leather shoes, and hightaxes on steel and aluminium of Vietnam, Hue said.
Gerrish said he believes difficulties between the two sides would soon beresolved, thus pushing the economic relations between the two countries in thecoming time.-VNA
Vietnamese Ambassador to the US Pham Quang Vinh received Vice President for International Services at the American Red Cross Jono Anzalone on March 26 to review the two countries’ humanitarian cooperation.
The visit of a delegation of US Senate Staff Assistants is meant to show US congressmen’s deep interest in boosting the broader and deeper affiliation between the law-making bodies of Vietnam and the US as well as the two countries’ ties.
Deputy Minister of Industry and Trade Hoang Quoc Vuong and Sandra Oudkirk, Deputy Assistant Secretary at the Bureau of Energy Resources of the US co-chaired the first Vietnam-US Energy Security Dialogue in Hanoi on March 30.
Vietnamese Ambassador to the US Pham Quang Vinh visited the US Naval Postgraduate School (NPS) in Monterey, California, in early April at the invitation of the US Navy.
The Centre for Strategic and International Studies held a dialogue on Vietnam – US relations with Vietnamese Ambassador to the US Pham Quang Vinh and US Ambassador to Vietnam Daniel Kritenbrink,
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
At the meeting (Source:VNA) 
