Minister Nguyen Hong Dien - Photo: Industry and Trade

Accordingly, the head of the negotiating delegation is Minister of Industry and Trade Nguyen Hong Dien; the deputy head of the delegation is Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan.

Building a scenario to negotiate with the US

Members of the negotiating delegation include: Deputy Minister of Finance Cao Anh Tuan, Deputy Minister of Agriculture and Environment Hoang Trung, Deputy Minister of Science and Technology Pham Duc Long, Deputy Minister of Foreign Affairs Do Hung Viet;

Deputy Governor of the State Bank of Vietnam Pham Quang Dung, Deputy Minister of Home Affairs Nguyen Ba Hoan, Vietnamese Ambassador to the US Nguyen Quoc Dung.

The Ministry of Industry and Trade is the standing body of the negotiating delegation, with a working group consisting of department-level civil servants of the Ministry of Industry and Trade and relevant ministries and agencies. The Minister of Industry and Trade, head of the negotiating delegation, proposes to the Prime Minister to promulgate the working regulations of the negotiating delegation and members of the working group.

The negotiating delegation has the following tasks: to preside over and coordinate with relevant ministries and branches to develop scenarios and negotiation plans with the US on reciprocal trade agreements, in the spirit of ensuring national and ethnic interests, harmonious benefits, and shared risks.

Conduct negotiations with the US side to reach a reciprocal trade agreement that is appropriate, balanced, stable, sustainable, effective, mutually respectful and mutually beneficial.

Report to the Prime Minister on the negotiation process and results; propose to competent authorities necessary measures and policies to implement the agreement after it is signed.

Previously, Deputy Prime Minister Ho Duc Phoc - special envoy of General Secretary To Lam - paid a working visit to the US and had meetings with Finance Minister Scott Bessent and Commerce Minister Howard Lutnick. Accordingly, Vietnam reached an agreement with the US that the two sides will negotiate a bilateral trade agreement.

The head of the US negotiating delegation is the Secretary of the Treasury.

Along with agreeing on the bilateral trade agreement, the two sides have officially agreed to consider negotiating the content of tariffs, which is the most important provision of this agreement.

This is the biggest breakthrough in the recent days of intense negotiations that the Vietnamese special working group has achieved with the US Government. Previously, the content of signing a bilateral trade agreement that our side had brought up many times but the US had not agreed.

Treasury Secretary Scott Bessent thanked Vietnam for promptly taking positive measures to address issues of concern to the US; appreciated the two countries' agreement to negotiate a bilateral trade agreement; and said the US government had appointed him as head of the negotiating delegation with Vietnam.

Therefore, Mr. Bessent expressed his belief that the two sides will soon reach appropriate solutions to promote stable and mutually beneficial economic and trade relations.

At the same time, Secretary of Commerce Howard Lutnick affirmed that he highly values ​​the relationship with Vietnam, saying that Vietnam is a large economy with great potential and an important partner of the US in the region.

Minister Lutnick emphasized that the US currently prioritizes re-industrialization, bringing production back to the US, and ensuring fair trade.

The Minister affirmed that the US Department of Commerce will closely coordinate with Vietnam to negotiate and resolve issues arising in bilateral economic and trade relations, aiming for a suitable agreement that contributes to the development of both the US and Vietnam.

Tuoitre.vn

Source: https://tuoitre.vn/chinh-phu-lap-doan-dam-phan-voi-my-do-bo-truong-nguyen-hong-dien-lam-truong-doan-20250412214611397.htm