Minister of Industry and Trade Nguyen Hong Dien works with Senator Roger Marshall, representing Kansas and a member of the Republican Party
Continuing his working trip in the US, on June 11 (local time), Minister of Industry and Trade Nguyen Hong Dien had a working session with Senator Roger Marshall, who represents Kansas and is a member of the Republican Party and an influential voice in the US political circles on economic, trade, and agricultural issues.
The meeting was attended by leaders of the Ministries of Justice, Agriculture, Public Security, and the State Bank of Vietnam, the Vietnamese Ambassador to the US, and representatives of relevant ministries and sectors.
At the meeting, Minister Nguyen Hong Dien conveyed the message of General Secretary To Lam and Prime Minister Pham Minh Chinh to Senator Roger Marshall, affirming Vietnam’s determination to build a Comprehensive Strategic Partnership with the US and its desire to promote bilateral economic and trade cooperation for the benefit of the two countries’ people and businesses.
Regarding the current negotiations on a reciprocal trade agreement between the two countries, the Minister emphasized that Vietnam is ready to open its market and offer additional incentives for US exports and requested that the US take corresponding steps. Vietnam consistently negotiates with the US to strive for a bilateral agreement based on respect for sovereignty, autonomy, political institutions, harmony, and balance of interests, and in line with international commitments and each country’s development level.
The Minister expressed his hope that Senator Roger Marshall, with his strong political influence in the Republican Party and deep understanding of trade, agriculture, and innovation issues, would voice his support for Vietnam during the negotiation process and act as a bridge to promote cooperation between Vietnam and the US in general and with Kansas in particular, especially in areas where Kansas has strengths such as agriculture, aviation, and biotechnology.
Senator Roger Marshall appreciated Vietnam’s seriousness, proactive approach, and goodwill in engaging in negotiations with the US. He also stated that he would soon convey his opinions to the US President and Cabinet members related to the negotiation process and looked forward to positive outcomes from both sides. In addition, the Senator also appreciated the Minister’s working trip and believed that it would open up many cooperation opportunities in various fields for both countries.
Minister Nguyen Hong Dien works with Walmart’s leadership
Minister Nguyen Hong Dien meets with leaders of leading US corporations
On the same day, Minister Nguyen Hong Dien met and worked with leaders of Nike and Walmart, two leading US corporations with large-scale investment and business operations in Vietnam.
At the meeting with Nike, the Minister appreciated the corporation’s long-term and responsible presence in Vietnam – where about 50% of Nike’s global shoe production is made, providing employment for more than 450,000 workers. He also shared concerns about the potential impact of the current tax policy on Nike’s global supply chain and the interests of US consumers.
Accordingly, the Minister proposed several appropriate support orientations for Nike’s activities in Vietnam. He affirmed: “Vietnam does not consider Nike simply as an investor but as a strategic partner in sustainable development and international integration.”
In the afternoon, at the meeting with Walmart, the world’s largest retail corporation, the Minister acknowledged Walmart’s contribution to promoting Vietnamese goods in the global market and suggested that the corporation expand its procurement of high-value-added and environmentally friendly products. He also proposed that Walmart consider building a strategic sourcing center in Vietnam and coordinate to enhance supplier capacity through technical standards sharing and training.
Regarding the difficulties that Walmart is facing in doing business in Vietnam, the Minister of Industry and Trade affirmed that he would coordinate with the Ministry of Finance and relevant agencies to review and improve policies to ensure transparency and compliance with international practices.
Emphasizing the role of the US business community in the context of the reciprocal trade agreement negotiations entering a crucial phase, the Minister called on Nike and Walmart to voice their strong support and promote an early and fair, balanced, and sustainable agreement between Vietnam and the US.
The Minister affirmed that Vietnam not only wishes for Nike and Walmart to continue their successful development in the Vietnamese market but also considers the two corporations as strategic partners in the effort to promote the building of a green, transparent, flexible, and sustainable supply chain, contributing to enhancing deep economic connectivity between the two countries.
Earlier, on June 10 (local time), Minister Nguyen Hong Dien had a meeting with representatives of Exxon Mobil Corporation.
At the meeting, Minister Nguyen Hong Dien appreciated the cooperation results between Vietnam and Exxon Mobil over the past 16 years, as Exxon Mobil is a leading corporation in the oil and gas industry of the US and the world. The Minister welcomed Exxon Mobil’s cooperation in many energy projects in Vietnam, including oil and gas exploration and production projects and gas-power projects in Vietnam, as well as Exxon Mobil’s commitment to providing reliable energy while reducing greenhouse gas emissions toward the goal of carbon neutrality.
On behalf of Exxon Mobil, the corporation’s representatives affirmed their belief in Vietnam’s economic development prospects and potential in Southeast Asia, which is why Exxon Mobil has implemented many projects in Vietnam.
The corporation appreciated Vietnam’s recent reforms under the leadership of General Secretary To Lam and believed that Vietnam’s positive changes, along with political stability, are reassuring investors and continue to attract more investors.
The representatives also committed to conveying positive messages about Vietnam to the White House, the US Trade Representative (USTR), the Department of Commerce, and the Department of Energy to support Vietnam in its negotiations with the US.
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Minister of Industry and Trade Nguyen Hong Dien Collaborates with Nike, Walmart, and Exxon Mobil: A Powerful Trio for Economic Growth
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During his recent business trip to the United States, the Minister of Industry and Trade had the opportunity to engage with some of America’s leading corporations, including Nike, Walmart, and Exxon Mobil.
