On the afternoon of April 5, at the Government Headquarters, Politburo member and Prime Minister Pham Minh Chinh chaired a meeting of the Government Standing Committee with ministries and branches before the US announced the decision to apply counterpart tariffs on Vietnamese exports to the US.
Also attending the meeting were Politburo member, Permanent Deputy Prime Minister Nguyen Hoa Binh; Deputy Prime Ministers, leaders of ministries and branches.
As Lao Dong reported, at the meeting on the afternoon of April 4, 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 the direction of mutual benefit.
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.
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.
On the evening of April 4, General Secretary To Lam had a phone call with US President Donald J. Trump about Vietnam-US relations.
Regarding bilateral trade relations, the two leaders exchanged measures to continue promoting trade. In which General Secretary To Lam affirmed that Vietnam is ready to talk to the US to bring the import tax rate to 0% for goods imported from the US, and suggest the US to apply the same tax rate for goods imported from Vietnam, continue to import a lot of goods from the US that Vietnam needs and encourage and create favorable conditions for companies from the US to boost investment in Vietnam.
