Vietnam and the US make important progress in reciprocal trade negotiations

(Dan Tri) - In the 5th round of direct negotiations on the Vietnam-US Reciprocal Trade Agreement, the two sides made great progress in many areas and narrowed differences, creating a favorable foundation for early completion of the agreement.

According to information from the Ministry of Industry and Trade , during the 3 days of negotiations in the 5th round of direct negotiations on the Reciprocal Trade Agreement between Vietnam and the US, the two countries' negotiating delegations made great progress in many issues, such as services, digital trade, agriculture, technical barriers to trade (TBT), food safety and hygiene standards (SPS)... and narrowed the gap in the remaining issues.

At the meeting summarizing the negotiation session, representatives of the US Trade Representative (USTR) and representatives of the Vietnamese negotiation delegation both said that the negotiation session had very positive results, creating a favorable basis for the early completion of the Vietnam - US Reciprocal Trade Agreement.

The Ministry of Industry and Trade said the US highly appreciated the goodwill, efforts and creative approach of the Vietnamese negotiation delegation, especially the results of the direct negotiation session between Minister Nguyen Hong Dien and US Trade Representative Jamieson Greer held right before the official technical negotiation session.

Based on Vietnam's proposals, the US side gave initial positive responses and said it would consider handling the matter in the spirit of closely following the overall negotiation results. The Ministry of Industry and Trade said the two sides had agreed on the tasks to be implemented after the negotiation session.

Vietnamese ministries and agencies participate in the 5th round of direct negotiations on the Reciprocal Trade Agreement between Vietnam and the US (Photo: Moit).

At the same time, they agreed to hold a number of online meetings in the coming days to continue discussing outstanding issues and prepare for the ministerial-level online negotiation session, scheduled to take place in November.

In addition to the negotiation activities, Minister Nguyen Hong Dien had working sessions with the US Deputy Secretary of State , Congressman, Chairman of the House Taxation Committee and met with leaders of technology and semiconductor corporations and the American Footwear and Apparel Association to promote bilateral economic, investment and trade cooperation activities as well as lobby for the negotiation process.

During a working session with US Under Secretary of State for Economic , Environment and Energy Jacob Helberg, Minister Nguyen Hong Dien emphasized that Vietnam has shown goodwill in trade negotiations, helping the US achieve many favorable results for its partners.

Therefore, the Minister said Vietnam hopes the US will have a reasonable and flexible approach, in line with the comprehensive strategic partnership.

Vietnam also requested the US to consider removing Vietnam from the D1 and D3 lists on high-tech product export restrictions, and to soon recognize Vietnam’s market economy status. This will be the foundation for promoting stronger cooperation between the two countries in the coming time.

Source: https://dantri.com.vn/kinh-doanh/viet-nam-va-my-dat-buoc-tien-quan-trong-trong-dam-phan-thuong-mai-doi-ung-20251115195618533.htm