Vietnamese Prime Minister Goals to Strengthen Financial Cooperation with US Following Diplomatic Developments

Vietnam’s Prime Minister Pham Minh Chinh is actively pursuing stronger financial and technological connections with america following the latest improve of diplomatic relations between the 2 nations. Throughout his go to to America, Chinh met with US Commerce Consultant Katherine Tai in Washington to debate the designation of Vietnam as a market financial system by the US. The Vietnamese authorities’s web site acknowledged Chinh’s need for a immediate determination on this matter. The US responded by agreeing to swiftly contemplate the request, as confirmed throughout President Joe Biden’s latest go to to Hanoi. Presently, Vietnam is assessed as a “non-market financial system” by the US, which may pose challenges for Vietnamese exporters concerned in anti-dumping investigations.