On October 14, Deputy Minister of Industry and Trade Nguyễn Sinh Nhật Tân, who also serves as Deputy Head of Vietnam’s Government Negotiation Delegation on the Reciprocal Trade Agreement with the US, held a virtual meeting with Bryan R. Switzer, the newly confirmed Deputy Trade Representative of the US.

The conversation was described as open, frank, and constructive. Deputy Minister Nguyễn extended his congratulations to Mr. Switzer on his confirmation by the US Senate, which took effect on September 19, 2025.

Both sides welcomed the strong and substantive progress in Vietnam - US relations, thirty years after the establishment of diplomatic ties, ten years since the launch of the Comprehensive Partnership, and more than two years since the elevation to a Comprehensive Strategic Partnership.

Economic, trade, and investment cooperation remains a key pillar and driving force of bilateral relations. In 2024, two-way trade reached nearly USD 150 billion, making the US Vietnam’s second-largest trading partner and one of its most important export markets, while ranking 11th among 142 countries and territories investing in Vietnam.

Deputy Minister Nguyễn reaffirmed that Vietnam regards the US as a top strategic partner and emphasized the country’s commitment to advancing the Reciprocal Trade Agreement in a fair, balanced, and mutually beneficial manner. He said the effort would help deepen mutual understanding, strengthen strategic trust, and promote stability and sustainable development in bilateral relations.

Deputy Trade Representative Switzer expressed a positive assessment of ongoing cooperation, noting that while several technical issues remain under discussion, negotiations are progressing smoothly with effective coordination at all levels, from ministers and deputy negotiation leads to specialized technical working groups.

Both sides agreed to maintain regular dialogue and continue joint efforts toward concluding a Reciprocal Trade Agreement that serves the shared interests and priorities of both countries.