Minister of Industry and Trade Nguyen Hong Dien meets with Nike’s management. (Photo: VNEWS)
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Continuing the activities within the framework of the working trip to the US, on June 11, Minister of Industry and Trade Nguyen Hong Dien worked with Senator Roger Marshall, representative of Kansas state, a member of the Republican Party and a influential voice in the US political circle on economic, trade and agricultural issues.
The meeting was attended by leaders of the Ministries of Justice, Agriculture, Public Security, the State Bank, 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 in building a Comprehensive Strategic Partnership with the US; and wishing to promote bilateral economic and trade cooperation, for the benefit of the people and businesses of both countries.
The Minister emphasized that Vietnam is ready to open its market and offer more favorable conditions for US exports, and requested the US to take reciprocal steps.
Regarding the current negotiation process of the Bilateral Trade Agreement between the two countries, the Minister said that Vietnam consistently negotiates with the US towards a bilateral agreement based on respect for sovereignty, autonomy, political institution, harmony, balance of interests, and compatibility with international commitments and the level of development of each country.
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 in 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, proactiveness and goodwill in negotiating with the US. He said that he would soon convey his opinion to the President and the Cabinet members of the US related to the negotiation process and looked forward to positive results 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.
Earlier, on June 10, Minister Nguyen Hong Dien had a meeting with Ms. Jennifer M. Chan and Ms. Zoe Barinaga, Vice President of Exxon Mobil Corporation. The meeting was attended by Deputy Minister of Finance Cao Anh Tuan, Vietnamese Ambassador to the US Nguyen Quoc Dung, Deputy General Director of the National Industry and Energy Group Do Chi Thanh and representatives of related agencies.
At the meeting, Minister Nguyen Hong Dien appreciated the cooperation results between Vietnam and Exxon Mobil, a leading group in the oil and gas industry of the US and the world, over the past 16 years.
The Minister welcomed Exxon Mobil’s cooperation in many energy projects in Vietnam, including oil and gas exploration and exploitation projects, gas-power projects in Vietnam, as well as Exxon Mobil’s commitment to Vietnam in providing reliable energy while reducing greenhouse gas emissions, towards the goal of carbon neutrality.
The Minister requested Exxon Mobil to continue implementing the Blue Whale Gas Field exploitation project in the current phase in accordance with the provisions of law and the signed oil and gas contract.
On behalf of Exxon Mobil, the representatives of the Group affirmed their belief in Vietnam’s economic development prospects and potential in the Southeast Asian region, which is the reason why Exxon Mobil has implemented many projects in Vietnam.
The Group appreciated Vietnam’s recent reforms under the leadership of General Secretary To Lam, and believed that Vietnam’s positive changes, along with its political stability, are reassuring investors and continue to attract more investors.
The Group’s representatives committed to convey 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 the negotiation process with the US.
On the same day, Minister of Industry and Trade Nguyen Hong Dien met with the leaders of two leading US corporations, Nike and Walmart, which are currently investing and doing business on a large scale in Vietnam.
Minister of Industry and Trade Nguyen Hong Dien meets with Walmart’s management. (Photo: VNEWS)
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At the meeting with Nike, the Minister appreciated the long-term and responsible presence of Nike in Vietnam – where about 50% of Nike’s global shoe production is located, providing jobs for more than 450,000 laborers; and shared concerns about the potential impact of the current tax policy on Nike’s global supply chain as well as the interests of US consumers, thereby proposing a number of appropriate orientations to support Nike’s operations in Vietnam.
He affirmed: “Vietnam does not consider Nike simply as an investor, but as a strategic partner in the common development and international integration.”
In the afternoon of the same day, working with Walmart – the world’s largest retailer, the Minister acknowledged Walmart’s contribution in promoting Vietnamese goods to the global market and proposed that the group expand the purchase of high value-added, environmentally friendly products; consider building a strategic sourcing center in Vietnam; and coordinate to enhance the capacity of suppliers by sharing technical standards 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 perfect policies, ensuring transparency and compliance with international practices.
Emphasizing the role of the US business community in the context of the Bilateral Trade Agreement negotiation entering a crucial stage, the Minister called on Nike and Walmart to strongly support and promote the negotiation process to soon reach a fair, balanced and sustainable agreement between Vietnam and the US.
The Minister affirmed that Vietnam not only wants Nike and Walmart to continue to succeed in the Vietnamese market, but also considers these 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.
Ngoc Quang
– 05:46 12/06/2025
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