On August 3, responding to a reporter's question asking for Vietnam's reaction to the US Department of Commerce continuing to identify Vietnam as a non-market economy, Spokesperson of the Ministry of Foreign Affairs of Vietnam Pham Thu Hang stated clearly: "We are disappointed that the US Department of Commerce continues to identify Vietnam as a non-market economy."
Ms. Pham Thu Hang added: "Despite recognizing many positive changes in the Vietnamese economy in recent times, this decision does not fully reflect Vietnam's great efforts and achievements in construction." and developing a market economy has been recognized by the international community".
According to the Spokesperson of the Ministry of Foreign Affairs, in recent times, Vietnamese agencies and businesses have actively coordinated with the US Department of Commerce to provide many convincing arguments affirming that Vietnam's economy has fully met the 6 market economic criteria according to US law.
This is also supported by many American and international associations, businesses, and experts.
In fact, to date, 72 countries have recognized Vietnam as having a market economy. International organizations have recognized the remarkable progress of Vietnam's economy. At the same time, Vietnam has participated in many high-quality Free Trade Agreements (FTAs).
"In the spirit of the comprehensive strategic partnership, Vietnam requests that the US continue to fulfill its commitment to broad, strong, constructive coordination and move toward early recognition of market economy status." Vietnam's relevant agencies will continue to coordinate closely with US partners to ensure that bilateral economic and trade relations continue to develop stably and harmoniously, bringing essential benefits. food for businesses and people of the two countries" - Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang shared.
