Vietnamese Foreign Minister Urges Enhanced Economic Cooperation with US in Speech at Brookings Institution

FM Son from Vietnam expresses hope for US to recognize ‘market economy’ status soon | WTAQ News Talk | 97.5 FM · 1360 AM

During a speech in Washington, Vietnamese Foreign Minister Bui Thanh Son emphasized the importance of enhancing economic trade and investment cooperation between the two countries. He expressed his hope for the United States to recognize Vietnam as a market economy, stating that current U.S. categorization of Vietnam as a ‘non-market economy’ in import injury cases results in higher anti-dumping duties.

Son highlighted key areas for collaboration, including focusing on supply chain resilience, infrastructure connectivity, the digital economy, energy, green economy, and logistics. By emphasizing these areas, both the United States and Vietnam can work towards strengthening their economic ties and promoting mutual growth and development.

In his speech at the Brookings Institution think tank in Washington, Son addressed the need for increased cooperation and collaboration between the two nations. With a focus on developing key economic sectors, both countries can benefit from closer ties and partnerships in the future.

Concluding his remarks, Son underscored the importance of recognizing Vietnam as a market economy and working towards building a more robust economic relationship with the United States. By focusing on key areas such as infrastructure and technology, both countries can work together to create a more resilient and prosperous economic partnership.

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