Strengthening Bilateral Ties

General Secretary of the Communist Party of Vietnam Central Committee To Lam and U.S. President Donald Trump recently held a productive phone conversation, expressing mutual satisfaction with the positive development of Vietnam-US relations. They celebrated the consensus reached by their negotiating teams on a framework for a fair and balanced reciprocal trade agreement.

General Secretary of the Communist Party of Vietnam Central Commitee To Lam on a phone talk with U.S. President Donald Trump on July 2, 2025. Photo by Vietnam Government Portal

Trade Agreement Highlights

President Trump praised Vietnam's commitment to providing preferential market access for U.S. goods, including large-engine automobiles. In return, the U.S. announced significant tariff reductions on many Vietnamese exports, pledging to resolve outstanding trade issues, especially in priority sectors.

Future Cooperation

General Secretary Lam urged the U.S. to recognize Vietnam as a market economy and lift restrictions on high-tech exports. Both leaders explored ways to enhance their Comprehensive Strategic Partnership, focusing on economic, trade, and investment cooperation, with an emphasis on science and high technology.

Invitation Extended

Lam invited Trump and his spouse to visit Vietnam, expressing eagerness for another meeting soon. Trump appreciated the invitation and reciprocated the desire for future engagements.