Deputy Prime Minister advocates for the Progressive Policy Institute to bolster Vietnam-US diplomatic ties
The US-Vietnam Comprehensive Strategic Partnership, established in September 2023, marks a significant upgrade in bilateral relations. This partnership focuses on multi-dimensional cooperation, including trade, investment, innovation, science and technology, and digital development.
Trade and Tariffs
Recent trade negotiations between the US and Vietnam have resulted in a fair and balanced reciprocal trade framework. Despite new US executive orders imposing tariffs on other countries, Vietnam's tariff rates remain unchanged. On July 31, 2025, President Trump signed an executive order that preserved current tariff levels for Vietnam while imposing additional tariffs on 68 other countries. Vietnam faces a 20% tariff on most exports to the US, a factor that US policymakers closely watch due to Vietnam's large trade surplus with the US.
Semiconductor and Technology Cooperation
The partnership emphasises innovation, science, and digital technology as core areas of collaboration. Vietnam's growing role as a strategic pivot in global supply chains, particularly as US companies seek alternatives to China for electronics manufacturing, implicitly advances semiconductor and high-tech cooperation within the partnership framework.
The Role of the Progressive Policy Institute (PPI)
While the PPI is not directly linked to the US-Vietnam Comprehensive Strategic Partnership or trade discussions in the provided sources, the organisation has been urged to continue supporting and promoting the development of Vietnam-US relations. The Deputy Prime Minister has also requested the PPI's support in various areas, including pushing for enhanced scientific and technological cooperation and technology transfer by removing Vietnam from the US's D1 and D3 strategic export control list.
Areas of Focus for Strengthening the Partnership
The areas of focus for strengthening the partnership include politics, trade, science and technology, education, healthcare, defence, security, and human rights. The Deputy Prime Minister has emphasised the significance of the bilateral Memorandum of Understanding on semiconductor cooperation, which is seen as a major step toward elevating Vietnam's position in the global supply chain. The Memorandum focuses on building a semiconductor ecosystem and training skilled workers.
Concerns and Commitments
The Deputy Prime Minister has expressed concern about the potential impact of the US's tariff policy on Vietnam's economy and society. However, Vietnam remains committed to advancing science, technology, and international integration as part of its goal for rapid and sustainable development. The Deputy Prime Minister has also called on the US to coordinate with Vietnam to solve trade balance issues in a spirit of equality.
In conclusion, the US-Vietnam Comprehensive Strategic Partnership is a significant step forward in bilateral relations, focusing on various areas of cooperation. The partnership's success will depend on the continued efforts of both countries to address trade imbalances, promote technology cooperation, and strengthen political ties.
- The US-Vietnam Comprehensive Strategic Partnership, established in September 2023, has led to a significant upgrade in bilateral relations, focusing on areas such as trade, investment, innovation, science and technology, and digital development.
- Despite new US executive orders imposing tariffs on other countries, Vietnam's tariff rates remain unchanged, as a result of recent trade negotiations with the US.
- On July 31, 2025, President Trump signed an executive order that preserved current tariff levels for Vietnam while imposing additional tariffs on 68 other countries.
- The partnership emphasizes innovation, science, and digital technology as core areas of collaboration, implicitly advancing semiconductor and high-tech cooperation within the partnership framework.
- The Deputy Prime Minister has requested the Progressive Policy Institute's (PPI) support in various areas, including pushing for enhanced scientific and technological cooperation and technology transfer by removing Vietnam from the US’s D1 and D3 strategic export control list.
- The areas of focus for strengthening the partnership include politics, trade, science and technology, education, healthcare, defence, security, and human rights.
- The Deputy Prime Minister has expressed concern about the potential impact of the US’s tariff policy on Vietnam's economy and society, but remains committed to advancing science, technology, and international integration as part of Vietnam's goal for rapid and sustainable development.
- The Deputy Prime Minister has called on the US to coordinate with Vietnam to solve trade balance issues in a spirit of equality.
- In conclusion, the success of the US-Vietnam Comprehensive Strategic Partnership will depend on the continued efforts of both countries to address trade imbalances, promote technology cooperation, and strengthen political ties, covering areas such as education, self-development, policy and legislation, general news, health, business, economy, and environment, among others.
