In a speech at the Brookings Institution think tank, Vietnamese Foreign Minister Bui Thanh Son emphasized the importance of enhancing economic trade and investment cooperation between the United States and Vietnam. He expressed hope that the US will soon recognize Vietnam as a market economy, which would eliminate higher anti-dumping duties on imports and create new opportunities for growth and development in the region.
Son highlighted key areas for collaboration including supply chain resilience, infrastructure connectivity, digital economy, energy, green economy, and logistics. By working together on these priorities, both countries can strengthen their economic ties and create new opportunities for growth and development in the region.
The remarks by the Vietnamese Foreign Minister underscored the importance of fostering closer economic relations between the two countries. By recognizing Vietnam as a market economy, both countries can expand their cooperation and unlock new opportunities for trade and investment.