On April 4, in Hanoi, Central Party Committee member, Deputy Prime Minister Ho Duc Phoc and leaders of ministries and branches met with associations, businesses, and diplomatic agencies to discuss solutions to handle the tariff problem with the US.
At the meeting, Mr. Dinh Viet Phuong - General Director of Vietjet (SOVICO Group) said that in 2025, he will receive 10 Boeing aircraft worth 1.8 billion USD; the total number of contracts from the US this year is about 2.2 billion USD...
Emphasizing that Vietjet's operations as well as those of SOVICO on the US side are strategic and sustainable, Vietjet representatives thanked the Government for their great attention and support for businesses in the process of cooperation with the US market in the past time, and at the same time made recommendations for the upcoming negotiations to achieve good results.
Consulted the Vietnamese Government on many practical contents to conduct negotiations with the US side, especially contents related to goods lines, industries, and tax rates; at the same time, proposed measures to reduce trade deficits between the two countries. Representatives of associations and enterprises pledged to continue to actively cooperate with the Vietnamese Government to address challenges in the coming time.
At the meeting, representatives of the American Chamber of Commerce in Vietnam and representatives of the US-ASEAN Business Council highly appreciated Vietnam's timely and harmonious response to the US tax.
Representatives of the association and council also mentioned Vietnam's advantages, and consulted on the work that needs to be focused on implementing to promote trade between the two countries; as well as the contents that need to be discussed, negotiated, and remove barriers and challenges to have appropriate and effective solutions to the issues raised by the US for the two economies to develop together.
Concluding the meeting, Deputy Prime Minister Ho Duc Phoc stated that Vietnam is always proactive, receptive, and strongly coordinates with the US side to negotiate taxes fairly; combat the problem of goods transit, and promote two-way trade in a mutually beneficial direction.
For example, recently, the Vietnamese Government issued Decree No. 73/2025/ND-CP, which has reduced many tax lines on imported goods from the US to Vietnam.
In addition, Vietnam has also been promoting contracts to purchase goods from the US ( airplanes, LNG, ...); creating favorable conditions for US businesses to invest, produce, and do business in Vietnam.
In the coming time, the Vietnamese Government will continue to promote solutions to increase purchases of raw materials and equipment from the US.
Affirming the goodwill to negotiate to soon find a common voice, the Deputy Prime Minister stated that the Vietnamese Government proposed that the US side consider temporarily suspending the tax from 1-3 months for negotiation, aiming to ensure tax fairness.
Vietnam will also implement solutions to increase imports of goods from the US; wish to promote cooperation with the US in the fields of science, technology development, digital transformation, etc.
The Deputy Prime Minister also suggested that Vietnamese enterprises exporting to the US market keep prices unchanged pending negotiation results; at the same time, proactively deploy appropriate and effective solutions to "keep the US market".
The Deputy Prime Minister also suggested the US Trade Association in Vietnam and the US -ASEAN Business Council transferred the goodwill message from the Government and the Vietnamese business community to the President of President Trump to negotiate effectively, achieve good results, contributing to promoting comprehensive strategic partnership between the two countries.
