• Fri. May 24th, 2024

Vietnamese Foreign Minister Bui Thanh Son Urges Deeper Economic Ties with US amid Import Injury Concerns

BySamantha Jones

Mar 27, 2024
FM Son: Vietnam optimistic about US recognizing its ‘market economy’ status

During his visit to Washington, Vietnamese Foreign Minister Bui Thanh Son emphasized the importance of boosting economic trade and investment cooperation between the two countries. Currently, the U.S. categorizes Vietnam as a ‘non-market economy’ in import injury cases, leading to higher anti-dumping duties. Son expressed hope that the United States would soon recognize Vietnam as a market economy, which would be a significant step towards deeper economic cooperation and mutual benefit.

Son highlighted several key areas for cooperation, including supply chain resilience, infrastructure connectivity, digital economy, energy, green economy, and logistics. By focusing on these areas, the United States and Vietnam can strengthen their economic ties and foster mutual growth and development.

Overall, Son’s visit to Washington aimed to further enhance the relationship between the two countries and explore new opportunities for collaboration in various sectors. The recognition of Vietnam as a market economy by the United States would be a significant step towards deeper economic cooperation and mutual benefit.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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