At the reception, Dung highly appreciated the PPI's role in promoting and handling challenges in the Vietnam - U.S. bilateral relations through research, reports, and policy recommendations to the U.S. government.

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Deputy Prime Minister Nguyen Chi Dung (center) hosts a reception in Hanoi on August 5 for PPI Chief Executive Officer Lindsay Mark Lewis and its working delegation.

The Deputy PM affirmed that the U.S. is one of Vietnam’s most important partners. He noted that Party General Secretary To Lam and other top leaders attach great importance to strengthening the Vietnam – U.S. Comprehensive Strategic Partnership in a practical and effective manner. This includes enhancing cooperation in politics, trade, science and technology, education, healthcare, defense, security, and human rights.

He emphasized the significance of the bilateral Memorandum of Understanding on semiconductor cooperation, which focuses on building a semiconductor ecosystem and training skilled workers, which are seen as a major step toward elevating Vietnam’s position in the global supply chain.

As Vietnam is entering a new era, the era of rapid and sustainable development, with the goal of achieving double-digit growth and fulfilling its two centennial goals, Dung said the country is committed to improving the business environment, reforming institutions, enhancing infrastructure and human capital, and advancing science, technology, and international integration.

He called on the PPI to continue supporting and promoting the Vietnam - U.S. relationship by promoting high-level visits and dialogues, advocating for the US's continued cooperation and aid projects in key areas such as semiconductor workforce training and post-war aftermath settlement, and encouraging U.S. enterprises to expand investment and business in Vietnam, considering the country as a key investment destination in the Asia-Pacific region.

Regarding the U.S.'s tariff policy, Dung expressed his concern about their potential impact on Vietnam’s economy and society as well as U.S. companies and consumers. He urged the PPI to have a voice for the U.S. political circle to support and mobilize the U.S. Government to continue to coordinate with Vietnam to solve the issues of trade balance in the spirit of equality.

He also called for the PPI's support in recognizing Vietnam as a market economy and in pushing for enhanced scientific and technological cooperation and technology transfer by removing Vietnam from the U.S. D1 and D3 strategic export control list.

For his part, Lewis reaffirmed the institute’s commitment to strengthening the bilateral ties and pledged to convey Vietnam’s messages to the U.S. administration and investors. He also offered recommendations regarding the tariff negotiations.

Source: VNA