Politburo member Nguyen Xuan Thang suggested that both sides should continue to strengthen exchanges, and that the United States should objectively assess and move towards recognizing Vietnam as a market economy.
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Mr. Nguyen Xuan Thang and Deputy Assistant Secretary of the Treasury for Asia and the Pacific Robert Kaproth. (Photo: Kieu Trang/VNA)
During his visit to the United States from July 31st to August 4th, in Washington D.C., Mr. Nguyen Xuan Thang, Member of the Politburo, Director of the Ho Chi Minh National Academy of Politics, Chairman of the Central Theoretical Council, and his delegation held meetings and exchanges with the First Deputy Secretary of State of the United States, Kurt Campbell; the President's Special Envoy for Climate Change, John Podesta; Deputy National Security Advisor for Cybersecurity, Anne Neuberger; Deputy Assistant Secretary of the Treasury for Asia and the Pacific, Robert Kaproth; discussed with researchers and scholars at the Center for Strategic and International Studies (CSIS), the Heritage Foundation, the Institute for Peace, and the Wilson Center; held talks with representatives of the Communist Party of the United States; and met and spoke with staff of the Vietnamese Embassy and other agencies alongside the Embassy. On behalf of the leaders of the Vietnamese Party and State, Mr. Nguyen Xuan Thang respectfully thanked the Government, agencies, partners, and businesses of the United States for sending their deepest condolences to the Party, State, and people of Vietnam on the passing of General Secretary of the Central Committee of the Communist Party of Vietnam Nguyen Phu Trong. In discussions with US partners, Mr. Nguyen Xuan Thang highly appreciated the comprehensive and rapid development of Vietnam-US relations. |
Mr. Nguyen Xuan Thang working with the delegation of the Communist Party of the United States. (Photo: Kieu Trang/VNA)
Regarding the US Department of Commerce's announcement that it has not yet recognized Vietnam as a market economy , Mr. Nguyen Xuan Thang stated that Vietnam deeply regrets and is disappointed by this, because in recent years, trade and investment relations between the two countries have developed unprecedentedly strongly; both countries have also made great efforts to elevate the relationship to a Comprehensive Strategic Partnership; and Vietnam has met all six criteria set by the US Department of Commerce when considering the recognition of a country as a market economy. Mr. Nguyen Xuan Thang suggested that both sides should continue to strengthen exchanges, and the US should objectively assess and move towards recognizing Vietnam as a market economy. He also expressed his hope that US companies would continue to increase investment in Vietnam in promising sectors; export US products with competitive advantages to Vietnam; and this could be an important factor in reducing the US trade deficit with Vietnam. |
Mr. Nguyen Xuan Thang and his delegation working with the Wilson Center. (Photo: Kieu Trang/VNA)
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For their part, the leaders of the US State Department shared Vietnam's concerns regarding the recognition of a market economy and affirmed that this would not affect the economic relationship between the two countries, which is developing very well and is moving towards the 30th anniversary of the normalization of relations between Vietnam and the United States in 2025.
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