Vietnamese representatives are set to visit the United States in October and November 2025, with the goal of progressing discussions and finalizing a balanced trade agreement. Deputy Minister of Industry and Trade, Nguyen Sinh Nhat Tan, revealed this during a recent press conference, pointing out that Vietnam has been diligently working to expedite negotiation proceedings.
The ongoing negotiations are being guided by principles of openness, constructiveness, equality, mutual respect, independence, self-reliance, and shared benefits. These principles consider the level of development of both nations. The ultimate aim is to foster stable and harmonious economic, trade, and investment relationships, in accordance with the Comprehensive Strategic Partnership between Vietnam and the U.S.
Bui Huy Son, Director of the Department of Planning, Finance and Enterprise Management at the Ministry of Industry and Trade (MoIT), stated the department is committed to meeting set targets and making new strides in the remaining months of the year. The MoIT is set to enforce a resolution from the Politburo that was issued on January 24, 2025, regarding international integration in a new context.
Simultaneously, the MoIT is carefully observing changes in the U.S. tariff policy and is actively working with relevant authorities from both countries to identify and resolve emerging issues. This is in an effort to limit the risk of unfavorable trade measures being imposed on Vietnamese exports.
The MoIT is prioritizing the commencement of Free Trade Agreement (FTA) discussions with the Southern Common Market (Mercosur) and the Gulf Cooperation Council (GCC) in the fourth quarter of 2025. It is also planning to initiate talks with Pakistan to broaden export opportunities, and aims to conclude FTA negotiations with the European Free Trade Association (EFTA) by the end of the year.
The MoIT is committed to addressing issues within domestic enterprises to decrease dependence on the FDI sector. It plans to continue working closely with businesses through regular consultations with industry associations and local authorities, thus providing timely policy advice to the Government and ensuring appropriate support.
The department will also step up efforts around trade promotion, supply-demand connection, and product marketing to assist Vietnamese companies in reaching new customers and maintaining robust relations with traditional partners, especially in the U.S. market.
The MoIT reiterated its commitment to enforcing origin-related regulations through inspections, licensing, and violation settlements, while also reinforcing supervision to combat trade remedy evasion and origin fraud.
What is the purpose of the Vietnamese delegation’s visit to the U.S. in late 2025?
The delegation aims to progress discussions and finalize a reciprocal trade agreement with the United States.
What principles guide the ongoing trade negotiations between Vietnam and the U.S.?
The principles of openness, constructiveness, equality, mutual respect, independence, self-reliance, and shared benefits guide the negotiations, with the development levels of both nations taken into consideration.
What are the MoIT’s plans for supporting domestic enterprises in Vietnam?
The MoIT plans to address limitations within domestic enterprises, reduce reliance on the FDI sector, and work closely with businesses for regular consultations. The department also plans to intensify efforts around trade promotion, supply-demand connection, and product marketing.
