US urged to recognize Vietnam’s market economy status
US Secretary of Commerce Gina Raimondo pledged to push for the swift recognition of Vietnam's market economy status.
US Secretary of Commerce Gina Raimondo pledged to push for the swift recognition of Vietnam's market economy status.
In the long term, US businesses and corporations may explore the feasibility of setting up semiconductor chip manufacturing facilities in Vietnam.
Vietnam has been an active affiliate of the United Nations over the past 47 years, serving as a non-permanent member of the organization's Security Council in the 2020-2021 term and as president from July 2008 to October 2009.
Both Hanoi and Washington believed that their collaboration would reach new heights with the start of this new chapter.
US President Joe Biden underscored the historic significance of his visit, stressing its importance not only for the bilateral relations but also for the broader Indo-Pacific region and the world.