Vietnam-US Trade Negotiations Achieve Significant Breakthroughs

Over three days of intensive negotiations, the Vietnamese and U.S. trade delegations made significant progress across multiple key areas, including services, digital trade, agriculture, technical barriers to trade, and food safety standards, as reported by the Ministry of Industry and Trade.

0
13

The Ministry of Industry and Trade announced the conclusion of the 5th direct negotiation round for the Vietnam-US Trade Agreement in Washington D.C., USA, following three days of intensive discussions.

Leading the Vietnamese delegation was Minister of Industry and Trade Nguyen Hong Dien, accompanied by representatives from various ministries and agencies, including Public Security, Foreign Affairs, Finance, Home Affairs, Agriculture and Environment, Science and Technology, Justice, and the State Bank of Vietnam.

Significant progress was made across multiple sectors, including services, digital trade, agriculture, technical barriers to trade (TBT), and sanitary and phytosanitary measures (SPS). Both parties substantially narrowed their differences on remaining issues. During the closing session, representatives from the U.S. Trade Representative (USTR) and the Vietnamese delegation hailed the outcomes as “highly positive,” setting a strong foundation for the swift finalization of the Vietnam-US Trade Agreement.

Deputy Minister Nguyen Sinh Nhat Tan, Deputy Head of the Government Negotiation Delegation, and U.S. Deputy Trade Representative Rick Switzer

The U.S. delegation commended Vietnam’s proactive approach, flexibility, and commitment, particularly following the direct dialogue between Minister Nguyen Hong Dien and U.S. Trade Representative Jamieson Greer prior to the formal technical negotiations. In response to Vietnam’s requests, the U.S. provided initial positive feedback and pledged to address these matters within the broader negotiation framework.

Both sides agreed on a follow-up work plan, including upcoming online sessions to resolve outstanding issues and prepare for a ministerial-level virtual negotiation between Minister Nguyen Hong Dien and Trade Representative Jamieson Greer, scheduled for November.

Alongside the negotiations, Minister Nguyen Hong Dien held meetings with the U.S. Deputy Secretary of State, the Chairman of the House Ways and Means Committee, and leaders from technology, semiconductor, and footwear-apparel associations to foster bilateral economic, trade, and investment ties, while advocating for the Trade Agreement’s progress.

You may also like

VEA Announces Nearly 47% Dividend Payout, Ministry of Industry and Trade to Receive Nearly VND 5.5 Trillion

Vietnam Engine and Agricultural Machinery Corporation (VEAM, UPCoM: VEA) has announced its 2024 cash dividend payment, offering approximately 4,658 VND per share.

Record-Breaking Revenue: Vietnam Generates Nearly 6 Trillion VND from a Single Trade Fair

This marks the first-ever fair held in Vietnam, generating billions of dong in revenue within just 10 days.

Latest Updates from the Ministry of Industry and Trade on the U.S. Trade Agreement

On the afternoon of November 1st, Prime Minister Pham Minh Chinh, Head of the National Steering Committee for the implementation of Resolution No. 68-NQ/TW by the Politburo on private economic development, chaired the second meeting of the Steering Committee.

Fresh American Fruits: A Growing Presence in Vietnam’s Markets

In the first nine months of 2025, numerous imported goods from the United States experienced significant growth compared to the same period last year.

What Do Experts Say About the U.S.-Vietnam Trade Agreement Framework?

Forging a trade agreement framework with the United States marks a pivotal stride in mitigating initial tax risks while solidifying Vietnam’s integral position within the global supply chain.