At the meeting, Tan underscored that Vietnam consistently regards the U.S. as a leading strategic partner in economic and trade fields. He affirmed the country’s commitment to maintaining a stable socio-political environment, advancing institutional reforms, and enhancing the transparency and predictability of policies, thereby fostering a favorable and reliable investment and business climate.

Vietnam is advancing green, sustainable industrialization, prioritizing high-tech sectors such as semiconductors, artificial intelligence, big data and cloud computing, while developing synchronously energy, logistics and digital infrastructure, he added.

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A view of the working session between Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan and a delegation from the US-ASEAN Business Council (USABC) in Hanoi (Photo: Ministry of Industry and Trade )

U.S. business representatives showed confidence in Vietnam’s potential and investment climate, offering specific recommendations in energy, high-tech, logistics, trade, finance, healthcare, agriculture, and consumer goods.

Key proposals covered the growth of the LNG market, gas-fired power, renewable energy, and direct power purchase agreements (DPPA), along with updates to policy frameworks for technology sectors, supply chains, and the digital economy.

Tan acknowledged the importance of these inputs, noting that they serve as important references for authorities in refining policies and enhancing governance effectiveness. He said the Ministry of Industry and Trade will work closely with relevant ministries and agencies to consider these recommendations based on feasibility, balanced interests and alignment with international practices.

Regarding future cooperation, the official highlighted key priority pillars, including ensuring energy security through LNG and renewable energy, developing high-tech industries and digital infrastructure, promoting e-commerce, logistics and the digital economy, and strengthening coordination in healthcare, agriculture, standards and market management.

On trade-related matters, Tan stated that Vietnam is engaging with the U.S. in a transparent, constructive and cooperative manner. He also encouraged the U.S. business community to continue playing a bridging role and providing objective and positive input to help reinforce a sustainable environment of cooperation.

Concluding the meeting, the Deputy Minister affirmed that the Vietnamese Government regards the U.S. business community as an important, long-term and trusted partner, and remains committed to maintaining an open and substantive policy dialogue mechanism, working alongside enterprises towards balanced, sustainable and mutually beneficial economic and trade ties.

Source: VNA