As scheduled, the second round of bilateral negotiations on the Trade Agreement between Vietnam and the United States took place from May 19-22, 2025, in Washington, D.C.
The Vietnamese negotiating delegation was led by Minister of Industry and Trade Nguyen Hong Dien, head of the Government Negotiating Delegation. It included members of the negotiating delegation and representatives from various ministries and sectors: Public Security, Foreign Affairs, Finance, Construction, Interior, Agriculture and Rural Development, Natural Resources and Environment, Science and Technology, Justice, and the State Bank.
On May 19 (local time), the first day of the negotiations, the Vietnamese and American delegations spent time discussing a comprehensive approach to address fundamental issues of mutual concern and accelerate the negotiation process.
Both sides also engaged in open, frank, and constructive exchanges on groups of issues of mutual interest, clarifying the content of the agreement’s text and sharing information on each other’s current policies to lay the foundation for subsequent tasks.
Minister Nguyen Hong Dien works with Westinghouse Corporation – a world-leading group in nuclear power technology. Photo: Nguyen Minh
On the same day, Minister Nguyen Hong Dien worked with Westinghouse Corporation, a world-leading group in nuclear power technology.
At the meeting, Minister Nguyen Hong Dien stated that Vietnam has a policy to restart the nuclear power program to ensure energy security amid rising electricity demand and unstable renewable energy sources.
The Minister shared that Vietnam currently has many potential sites for nuclear power development. This provides a basis for promoting cooperation with international partners like Westinghouse, including large-scale and small-scale nuclear power projects (SMRs)
The Minister affirmed that energy development cooperation would also be an important driving force contributing to the balance of bilateral trade.
Ms. Margaret Cosentino, Vice President of Westinghouse, expressed strong support for Vietnam’s plan and emphasized the importance of long-term energy cooperation.
The two sides agreed to sign an MOU between Westinghouse and the Vietnam National Oil and Gas Group (Petrovietnam) in the field of nuclear power development, continuing to promote cooperation, especially in key areas such as developing energy infrastructure investment models (PPP, BOT), technology transfer, and training and developing human resources for the nuclear power industry.
The Ministry of Industry and Trade Meets with Westinghouse Nuclear Technology Group
Unveiling prospects for long-term collaboration in the nuclear energy sector, with a keen focus on propelling nuclear power projects in Vietnam in the upcoming phase, stood as the pivotal agenda on the first day of the second round of negotiations for the Bilateral Reciprocal Trade Agreement between Vietnam and the United States.
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