Deputy PM, US Secretary of the Treasury hold phone talks
(VOVWORLD) - Deputy Prime Minister Le Minh Khai held phone talks with US Secretary of the Treasury Janet Yellen on Wednesday, noting that her Vietnam visit in July 2023 paved the way for the upgrade of bilateral ties to a comprehensive strategic partnership during President Joe Biden’s official visit to Vietnam two months later.
 Deputy PM Le Minh Khai (Photo: VNA) |
Two-way trade reached 38.6 billion USD in the first four months of this year, making the US the largest export market of Vietnam. Both sides engaged in open discussions on bilateral collaboration in finance, banking, energy transition, and macroeconomic management.
Deputy PM Khai praised the positive assessments from the US Department of the Treasury regarding Vietnam's recent monetary and exchange rate policy management. He asked that Ms. Yellen and the US Department of the Treasury advocate for Vietnam's market economy status recognition in the US Government and Congress, stating that it would build mutual trust and lay a foundation for further collaboration, benefiting businesses and citizens of both countries.
Ms. Yellen informed Mr. Khai about the cooperative relationship between the State Bank of Vietnam (SBV) and the US Department of the Treasury, expressing her support for this collaboration and noting their shared goal of fostering strong, inclusive, and sustainable economic development.