Prime Minister Pham Minh Chinh on Tuesday stressed the need for active preparations for trade negotiations with the U.S to protect Viet Nam's legitimate interests while meeting appropriate requirements of the U.S. side.
Viet Nam will continue to amend its legal framework to address the concerns of the U.S., based on ensuring national sovereignty and international commitments, and in accordance with the laws of both countries, said Prime Minister Pham Minh Chinh at a meeting held in Ha Noi on Tuesday.
Viet Nam is ready to engage in dialogue with the U.S. following the latter’s announcement of steep tariffs on solar panels imported from four countries in Southeast Asia, including Viet Nam, official said.
Executive Director of the American Chamber of Commerce (AmCham) in Ha Noi Adam Sitkoff voiced his support the removal of all trade barriers between Viet Nam and the U.S.
The Viet Nam Chamber of Commerce and Industry (VCCI) and the American Chamber of Commerce in Ha Noi (AmCham) sent a letter to the United States Secretary of Commerce on Saturday urging the Trump Administration to delay implementation of reciprocal tariffs to avoid disrupting operations and undermining prior commercial decisions and shipmentlogistics.
The Vietnamese Government suggests the U.S. Administration consider cancelling the imposition of 46 percent reciprocal tariff on imports from Viet Nam for one to three months.
Prime Minister Pham Minh Chinh convened a meeting on Thursday morning to discuss immediate and long-term measures after the U.S. Administration announced universal tariff range from 10- 49 percent country by country.
The Vietnamese Government has just laid out a very compelling vision of key strategic breakthroughs and it is no wonder that Viet Nam is the fastest growing country in Southeast Asia.