Prime Minister expects US to adopt tariff policy conformable to bilateral good relations

Vietnam hopes that the US will adopt a tariff policy that is conformable to the good relationship between the two countries, meeting the desires of their people, and the efforts that Vietnam has made in recent years, PM Chinh said, stressing that this policy should take into account the conditions and circumstances of Vietnam as a developing country still recovering from the heavy and prolonged consequences of the wars.

Prime Minister Pham Minh Chinh on April 3 ordered the immediate establishment of a rapid response team, led by Deputy Prime Minister Bui Thanh Son, following US President Donald Trump’s announcement to impose a 46% reciprocal tariff on certain goods imported from Vietnam.

Chairing a meeting between standing cabinet members and leaders of ministries, sectors and agencies to assess the impact of the US’s new tariff policy and discuss response measures, PM Chinh emphasised that the current situation shows that commercial competition is becoming more intense, more complicated, and harder to predict.

In recent times, Vietnam has made significant efforts to implement comprehensive and concerted solutions in terms of politics, diplomacy, economy, and people-to-people exchanges to respond to the situation.

Vietnam hopes that the US will adopt a tariff policy that is conformable to the good relationship between the two countries, meeting the desires of their people, and the efforts that Vietnam has made in recent years, he said, stressing that this policy should take into account the conditions and circumstances of Vietnam as a developing country still recovering from the heavy and prolonged consequences of the wars.

He requested ministries and sectors to remain calm, confident, and proactive, with flexible, timely, and effective responses to any developments in order to continue overcoming difficulties, obstacles, and external shocks, as Vietnam has done in recent years amid challenges such as the COVID-19 pandemic, global conflicts, and supply chain disruptions.

Prime Minister Pham Minh Chinh (Photo: VNA)
Prime Minister Pham Minh Chinh (Photo: VNA)

The PM tasked Deputy Prime Minister Ho Duc Phoc with directing ministries and sectors to listen to opinions of businesses, including major exporters.

This is also an opportunity to affirm the resilience and strength of the nation; to restructure the economy towards rapid but sustainable development, green growth, and digital transformation based on science, technology, and innovation; to promote the building of an independent and self-reliant economy associated with profound, practical, and effective international integration; to expand and diversify markets, products, and supply chains; to boost localisation; and to exploit domestic markets and resources, he said.

The government leader emphasised that the goal of achieving a GDP growth rate of at least 8% this year remains unchanged./.

Politics-Diplomacy

Vietnamese top legislator receives Ethiopian PM
Politics-Diplomacy

Vietnamese top legislator receives Ethiopian PM

National Assembly Chairman Tran Thanh Man highlighted the fine friendship and cooperation between the two countries, built on the foundation of solidarity, and mutual support and respect, stating that the Vietnamese NA always supports and wishes to contribute to the relationship.

14th National Party Congress's draft documents more revolutionary, action-oriented, highly feasible: PM
Politics-Diplomacy

14th National Party Congress's draft documents more revolutionary, action-oriented, highly feasible: PM

In the political repor, along with adding the learned lessons and forecasting the context and situation, it highlights the following viewpoints: ensuring development for stability, and stability for rapid and sustainable development of the country; promoting the comprehensive building and improvement of institutional frameworks for fast and sustainable development; addressing bottlenecks and obstacles in a timely and decisive manner; and unlocking all resources and mobilising all drivers of growth

Grand banquet held in honour of top Chinese leader
Politics-Diplomacy

Grand banquet held in honour of top Chinese leader

The host announced that both sides had held highly successful talks and reached broad consensus on key directions and measures to further strengthen Vietnam-China relations, paving the way for a more substantive relationship in a new era of prosperity and development for both nations.

The two leaders jointly witness the presentation of 45 cooperation documents across a wide range of sectors (Photo: VNA)
Politics-Diplomacy

Vietnamese Prime Minister meets China's top leader

PM Chinh expressed appreciation for Xi’s four visits to Vietnam in his capacity as Party General Secretary and President of China, believing that this historic milestone will provide strategic direction and fresh impetus to further foster ties between the two Parties and countries.