Vietnamese Party leader, US President talk bilateral ties, trade issues
The two leaders welcomed the two negotiating delegations reaching consensus on a Vietnam - US joint statement concerning a fair, reciprocal, and balanced trade agreement framework.
Party General Secretary To Lam in the phone talks with US President Donald Trump on July 2 evening (Hanoi time) (Photo: VNA)
Hanoi (VNA) – General Secretary of the Communist Party of Viet🦩nam Central Commitee To Lam held phone talks with US President Donald Trump on July 2 evening (Hanoi time) to discuss the two countries' relations and reciprocal tariff negotiations.
The two leaders expressed their delight at the strong and positive development of bilateral ties. They welcomed the two negotiating delegations reaching consensus on a Vietnam - US joint statement concerning a fair and balanced reciprocal trade agreement framework.
The US President highly valued Vietnam’s commitment to granting preferential market access for US goods, including large-engine automobiles.
He affirmed that the US will significantly reduce reciprocal tariffs on many Vietnamese exports, and will continue to work with Vietnam to resolve outstanding trade-related issues, particularly in priority areas of both sides.
Party General Secretary To Lam and Vietnamese officials in the phone talks with US President Donald Trump on July 2 evening (Hanoi time) (Photo: VNA)
General Secretary Lam called on the US to soon recognise Vietnam as a market economy and lift export restrictions on certain high-tech products.
The Party chief and President Trump also discussed a number of major directions and measures to promote the two countries’ Comprehensive Strategic Partnership in the coming years. The two leaders agreed to increase delegation exchanges and contacts at all levels, and promote cooperation in the fields of economy, trade and investment, especially in key and breakthrough areas such as science and high technology.
On this occasion, the top Vietnamese leader reiterated his invitation to the US President and his spouse to visit Vietnam and expressed his wish to meet Trump again in the near future. Trump thanked Lam for the invitation and showed his desire to meet the Vietnamese leader again soon./.
At 10:25 a.m. on July 2 (local time), US President Donald Trump posted on the social media platform Truth Social that he had just reached a trade deal with Vietnam.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
PM Pham Minh Chinh acknowledged the army's proactive role in building an all-people national defence posture closely linked to the people-based security posture while fulfilling its functions as a fighting force, a working force, and a production force.
Prime Minister Pham Minh Chinh urged the promotion of economic, trade, and investment ties between Vietnam and Australia, aiming to raise two-way trade to 20 billion USD.
Party chief To Lam expressed his belief that with unity, determination, and innovation, Hanoi will continue to thrive and deserve its role as the nation’s political and administrative centre, and the heart of the nation.
Since the establishment of diplomatic relations in 1973, the bilateral relationship has continuously developed in a solid, substantive, and effective manner across various fields, including politics, diplomacy, trade, investment, development cooperation, education and training, and people-to-people exchange.
On the East Sea issue, Vietnam’s consistent stance is to persistently strive to solve all disputes and disagreements by peaceful means based on international law, especially the United Nations Convention on the Law of the Sea (UNCLOS) 1982, and international and regional commitments such as the Declaration on the Conduct of Parties in the East Sea (DOC); and support the prompt conclusion of a substantive and effective Code of Conduct in the East Sea (COC).
Vietnamese Minister of National Defence General Phan Van Giang suggested continued promotion of joint work in defence industry, training, and United Nations peacekeeping operations, while exploring new fields like war legacy resolution, maritime security, military medicine, military sports and culture, and service arms cooperation.
Deputy Prime Minister Ho Duc Phoc has called on all countries to jointly take action to revitalise multilateralism, promote active multilateralism, and work together to restore disruptions in international cooperation on development, trade, and investment.
The diplomat concluded that with the solid foundation and achievements of the past 50 years, and the strong political will of the two governments and the people, Vietnam–Portugal relations are set to expand and deepen, rising to a new height that reflects the true potential, shared values, and mutual aspirations of the two nations
The project to renovate, upgrade, and expand the monument site was a gift from the Vietnamese task force to its Lao counterpart, with a total value of 54 billion VND (2.06 million USD). The Lao side served as project investor, while the construction was undertaken by Company 206 of Military Zone 5 under the Vietnamese Ministry of National Defence.
Xuan suggested Lombardy establish partnerships with several Vietnamese localities and economic centres, and expressed her confidence that the new direct flight between Hanoi and Milan - the capital of Lombardy - will help strengthen cooperation between the two regions, cultures, and peoples.
NA Chairman Tran Thanh Man urged the localities in Can Tho to leverage their respective strengths and support one another in building a more diverse, flexible, and sustainable economic structure to drive socio-economic development and improve the material and spiritual well-being of locals.
Vietnam wishes to further promote and enhance cooperation with Egypt in a more substantive and effective manner, serving the interests of the two countries' people, contributing to regional stability and development, and matching the strong bilateral political relationship.
The restructuring of the organisational apparatus and administrative units is a major policy of strategic significance, the Party chief stressed, saying that it demonstrates the Party and State’s strong political commitment to building a streamlined, efficient, and people-oriented administration.
Culture is a big and complex issue, forming a foundational component alongside Marxism-Leninism and Ho Chi Minh Thought in shaping Vietnam’s socialist path, said PM Pham Minh Chinh.
The Vietnam–Australia Friendship Association elected a 40-member Executive Board for the 2025-2030 term, with Prof. Dr. Tran Tho Dat, Chairman of the Science and Training Council at the National Economics University, named President.
The celebration of the 110th birth anniversary of late Party General Secretary Nguyen Van Linh, Vice President Vo Thi Anh Xuan's meetings with Italian leaders and Pope Leo XIV, and the issuance of Level-2 electronic identification (e-ID) accounts for foreign residents are among news highlights on July 1.
