Vietnam and U.S. Strengthen Economic Ties Under Trump's Leadership

To Lam, head of Vietnam's Communist Party, congratulated Donald Trump on his U.S. presidential victory. The two discussed enhancing economic ties, strengthening their comprehensive strategic partnership. While both countries aim to boost cooperation, concerns persist over potential trade volatility due to U.S.-China tensions.


Devdiscourse News Desk | Hanoi | Updated: 12-11-2024 07:28 IST | Created: 12-11-2024 07:28 IST
Vietnam and U.S. Strengthen Economic Ties Under Trump's Leadership
  • Country:
  • Vietnam

Vietnam's Communist Party chief To Lam extended congratulations to Donald Trump on his victorious U.S. presidential election in a recent phone call. The conversation centered on strategies to enhance economic engagements between the two nations.

As the United States represents Vietnam's largest export market, the nations previously advanced their relationship to a comprehensive strategic partnership. Lam has reiterated Vietnam's eagerness to foster stable and long-lasting bilateral relations for mutual benefit.

Meanwhile, despite the optimism surrounding Vietnam-U.S. cooperation, officials warn that the new Trump presidency may instigate trade volatility amid U.S.-China tensions. The leaders have mutually expressed intentions to visit each other's countries in the future.

(With inputs from agencies.)

Give Feedback