The following statement was issued by the Governments of the United States and the Socialist Republic of Vietnam on the occasion of the First U.S.-Vietnam Comprehensive Strategic Partnership Economic Dialogue.
Introductory text:
On June 25, Undersecretary for Economic Development, Energy, and Environmental Affairs Jose W. Fernandez welcomed Minister of Planning and Investment Nguyen Chi Dung to Washington, DC for the first U.S.-Vietnam Comprehensive Strategic Partnership Economic Dialogue (CSPED).
The United States and Vietnamese delegations celebrated the historic upgrade of their bilateral relationship to a Comprehensive Strategic Partnership during President Biden’s visit to Vietnam in September 2023. The Under Secretary and Minister discussed expanded cooperation on supply chain resiliency in the semiconductor industry, support for Vietnam’s high-tech workforce, advancing the renewable energy transition and implementing climate mitigation efforts, cooperation on critical minerals, managing security risks in trade and international finance, strengthening cybersecurity and critical information and communications infrastructure, and working together to ensure that Vietnam’s legal-regulatory environment will attract high-quality investment and promote sustainable and inclusive economic growth.
The talks also reaffirmed the importance of the Indo-Pacific region to the global economy and our shared goal of building a prosperous, free, open and secure region.
The two sides agreed to meet again in the spring of 2025 to review progress made under CSPED and to build on the momentum of bilateral economic cooperation.
Lesson finished.
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