Task force established to proactively adapt to U.S. economic, trade policies

The task force is led by Deputy Prime Minister Bui Thanh Son who will be assisted by Minister of Industry and Trade Nguyen Hong Dien as deputy head.

Members of the task force include Minister of Finance, Governor of the State Bank of Viet Nam, and leaders from Ministries of Foreign Affairs, National Defense, Public Security, Agriculture and Environment, Science and Technology, Construction, Health, Culture, Sports and Tourism and the Government Office.

The task force is responsible for assisting the Prime Minister in closely monitoring global and regional developments, particularly adjustments in the U.S.' economic and trade policies.

It is assigned to proactively advise the Government and the Prime Minister on measures to flexibly, promptly, appropriately, and effectively adapt to global and regional situations as well as future U.S. policy changes.

The task force will coordinate efforts among ministries, agencies, and localities in carrying out assigned duties and responsibilities.

On April 4, Minister of Industry and Trade Nguyen Hong Dien sent a diplomatic note requesting the U.S. to cancel the imposition of 46 percent tariff on imports from Viet Nam and allow more time for a constructive dialogue.

The same day, General Secretary To Lam had a phone call with U.S. President Donald J. Trump on Viet Nam-U.S. relations.

The two leaders reiterated their wish to further bolster bilateral cooperation for the benefits of both countries, and contribute to peace, stability, and development in the region and the world. 

Regarding bilateral trade ties, the two leaders discussed the means to step up trade cooperation between the two sides, in which General Secretary To Lam affirmed that Viet Nam stood ready to negotiate with the U.S. to reduce the tariffs on U.S. exports to Viet Nam to 0%, and requested the U.S. to do the same for Vietnamese exports to the U.S. 

General Secretary To Lam also said that Viet Nam would continue to import more goods from the U.S., and create more favorable conditions for American companies to further invest in Viet Nam./.