Vietnam welcomes US decision not to take trade action against Vietnam
Vietnam welcomes the decision of the United States Trade Representative (USTR) on July 23 not to take trade action against Vietnam in connection with the investigation into Vietnam’s currency policy, Foreign Ministry spokesperson Le Thi Thu Hang said on July 24.
Hanoi, (VNA) – Vietnam welcomes the decision of the UnitedStates Trade Representative (USTR) on July 23 not to take trade action againstVietnam in connection with the investigation into Vietnam’s currency policy,Foreign Ministry spokesperson Le Thi Thu Hang said on July 24.
The USTR Office on July 23 issued a formaldetermination in the Vietnam Currency Section 301 investigation saying that theagreement reached between the US Department of the Treasuryand the State Bank of Vietnam provides a satisfactory resolution of the mattersubject to investigation and accordingly that no trade action is warranted atthis time.
Foreign Ministry spokesperson Le Thi Thu Hang (Photo: VNA)
Responding to reporters’ question about thedecision of the USTR, the spokesperson said it is a positive step following theagreement reached on July 19 between the SBV and the US Department of Treasury.
She stressed that it is also the outcome ofconstructive dialogue with good wills of both sides to address outstandingproblems in bilateral economic ties, towards building a stable and sustainablerelationship benefiting both sides in the spirit of the comprehensivepartnership between Vietnam and the US./.
The State Bank of Vietnam (SBV) pledges to continue fostering exchange rate flexibility while maintaining macroeconomic and financial market stability, so as to ease concerns from the US Department of Treasury about the country’s currency practices.
The Vietnamese Government welcomes the outcomes of the online talks on July 19 between Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen as well as the agreement reached the same day between the SBV and the US Department of Treasury on exchange rate policy, spokesperson of the Vietnamese Foreign Ministry Le Thi Thu Hang said on July 20.
Vietnam is deeply concerned about the escalating and complex conflict in the Middle East, which poses a serious threat to the lives and safety of civilians, as well as to regional and global peace and stability.
The Vietnamese Embassy advises the Vietnamese community living, studying, and working in Israel to strictly comply with directions from the Home Front Command and local authorities.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Illustrative image (Photo: VNA) 
Foreign Ministry spokesperson Le Thi Thu Hang (Photo: VNA) 
