At the event, the two sides exchanged and signed Memoranda of Understanding (MoUs) on importing animal feed materials from Ohio, with the total value of agreements exceeding US$600 million.
The meeting took place as part of the ongoing intergovernmental negotiations aimed at building an agreement that aligns with the strategic interests of both parties, in accordance with the Việt Nam–US Comprehensive Strategic Partnership.
Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên met with US Secretary of Commerce Howard Lutnick in Washington, D.C. to boost economic ties and review trade talks.
The negotiations were characterised by goodwill, a frank and respectful dialogue, and a shared commitment to institutional integrity, mutual benefit and alignment with each country''s development level and international commitments.
As the Việt Nam–US comprehensive strategic partnership deepens, Vietnamese businesses are increasingly proactive in seeking investment opportunities in the US.
This high-profile project is set to boost economic growth, enhance tourism in the Red River Delta and become a landmark symbol of the Việt Nam-US strategic partnership.
Strengthening the Việt Nam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.
The Ministry of Industry and Trade has urged businesses and industry associations to provide data proving the compliance of Việt Nam’s major export products with the US requirements.
The seminar titled ‘US Countervailing Tariffs and Việt Nam’s Corporate Response’, organised by the Việt Nam Chamber of Commerce and Industry (VCCI) on the morning of April 18, attracted significant attention and participation from economic experts and the business community.
While AmCham acknowledges the need to address the growing trade deficit between the two nations, it strongly urges the US administration to consider implementing a grace period.
US President Donald Trump has announced a 46 per cent reciprocal tariff on 90 per cent of total goods imported from Việt Nam, the second highest among all exporting countries to the US.
"Going forward, Việt Nam stands ready to continue its discussions and exchanges with the US on this issue in the spirit of constructive and cooperative spirit to exchange information and enhance understanding"
The discussion aimed to assess the current situation, identify challenges and opportunities for cooperation and investment, and boost rapid and sustainable development in partnership with US enterprises.