Also attending was Deputy Prime Minister Ho Duc Phoc. This was the 6th time the Prime Minister held a meeting on implementing the conclusions and directions of the Central Committee, the Politburo , and General Secretary To Lam on adapting to the new US tariff policy.
After listening to opinions and concluding the meeting, Prime Minister Pham Minh Chinh said that recently Vietnam has synchronously and actively implemented solutions; ministries and branches have taken part with the highest responsibility.
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Prime Minister Pham Minh Chinh speaks at the meeting. |
The results so far have been positive but there are still many complications, so agencies must closely follow and grasp the situation and developments, respond urgently, quickly, promptly, effectively, feasibly, and appropriately; and proactively resolve issues within their authority.
Vietnamese agencies have been actively handling issues related to origin of goods, non-tariff barriers, intellectual property, copyright, and cutting administrative procedures.
The Prime Minister directed ministries and branches to be very proactive in working with the US side, clearly explaining the issues that they are concerned about and that we have been working on.
The Prime Minister requested urgent negotiations and signing in May 2025 of contracts for the purchase and import of goods from the United States such as LNG, aircraft, medicine, medical supplies, agricultural products, etc. to ensure sustainable trade balance; stating that negotiations must be conducted in a calm, steadfast but flexible spirit, without perfectionism or haste, ensuring sovereignty, national security, national interests, and ensuring Vietnam's international commitments, not affecting other things for the sake of one thing, "harmonizing interests and sharing risks".
The agencies discussed with the US side so that both sides could reduce import tariffs on each other's imported goods to low and commensurate levels. At the same time, they proposed that the US soon recognize Vietnam as a market economy and remove restrictions on high-tech exports, contributing to balancing trade and technology transfer, demonstrating the US's responsibility in the spirit of supporting an independent, strong, self-reliant and prosperous Vietnam.
The Prime Minister emphasized that Vietnam will continue to amend the legal basis to meet the concerns of the US on the basis of ensuring sovereignty, ensuring international commitments and in accordance with the laws of both sides.
The Prime Minister said that recently we have focused on amending many laws. At the upcoming 9th Session, the Government will submit to the National Assembly amendments to many laws related to intellectual property, copyright protection, intellectual property protection, and reduction of administrative procedures... to suit the practical situation.
The Prime Minister said that Vietnam is also closely coordinating with ASEAN and other countries in the region to conduct negotiations, ensuring the harmony of interests, ensuring a sustainable trade balance between the two sides and commensurate with the ASEAN-US Comprehensive Strategic Partnership. The Prime Minister requested each relevant ministry and sector to develop a specific plan, and the Ministry of Industry and Trade to collect and complete the negotiation plans by April 30.
Source: https://baobacgiang.vn/bao-dam-hai-hoa-loi-ich-can-bang-thuong-mai-ben-vung-viet-nam-va-hoa-ky-postid417183.bbg
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