<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/3/15/410949_5112288038571847_pacif.jpg" alt=""></figure></td></tr><tr><td>Party General Secretary Tô Lâm (right) had talks with&nbsp;US-based Pacifico Energy (PE)&nbsp;CEO Nate Franklin in Hà Nội. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — Party General Secretary Tô Lâm on Friday&nbsp;suggested US-based Pacifico Energy (PE) further expand its cooperation and investment in Việt Nam, including new energy transition projects, while expediting ongoing initiatives.&nbsp;Hosting PE founder and CEO Nate Franklin in Hà Nội, the Party leader praised PE’s contributions to Việt Nam's renewable energy sector and the broader Việt Nam-US partnership.&nbsp;He affirmed that the US is one of Việt Nam's most important economic partners, and the Comprehensive Strategic Partnership framework between the two countries is creating new opportunities and space for US businesses to invest and operate in the Southeast Asian nationThe Party chief reiterated Việt Nam's vision of becoming an upper middle-income country with a modern industrial base by 2030 and a developed nation with high income by 2045. To achieve these goals, Việt Nam is committed to facilitating investment through institutional reforms. The country also remains steadfast in its pledge to reach net-zero emissions by 2050.He noted that a stable and clean energy supply is essential for Việt Nam's economic expansion. The government has been refining its legal framework to encourage energy firms to invest in the country, catering to domestic demand and the broader Southeast Asian market.&nbsp;Lâm&nbsp;also encouraged closer collaboration between PE and Vietnamese enterprises in technology transfer and capacity building to enhance the nation’s expertise in wind and renewable energy.For his part, Franklin said Việt Nam holds vast potential for offshore wind power, adding the group is committed to advancing surveys and project development to support the country's pursuit of double-digit economic growth.Franklin praised Việt Nam's efforts to improve its business climate and acknowledged the strong support from local authorities for US investors. He highlighted PE’s successful projects in Việt Nam as a testament to the growing Việt Nam-US Comprehensive Strategic Partnership and expressed confidence that they will pave the way for increased American investment.He pledged further investment in offshore wind and renewable energy to drive the nation’s sustainable economic growth and strengthen ties between the two nations. — VNA/VNS

Pacifico Energy leader said Việt Nam holds vast potential for offshore wind power, adding the group is committed to advancing surveys and project development to support the country's pursuit of double-digit economic growth.

Party chief calls for more investments from Pacifico Energy

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/3/15/410952_5112290778587885_b111.jpg" alt=""></figure></td></tr><tr><td>Special Envoy of the Prime Minister, Minister of Industry and Trade Nguyễn Hồng Diên&nbsp;and&nbsp;US Trade Representative (USTR) Jamieson L. Greer witnessed the signing of trade agreements between Vietnamese and US businesses at their meeting&nbsp;in Washington DC. — VNA/VNS Photo</td></tr></tbody></table></figure>WASHINGTON DC — The recent working session between Special Envoy of the Prime Minister, Minister of Industry and Trade Nguyễn Hồng Diên&nbsp;and&nbsp;US Trade Representative (USTR) Jamieson L. Greer has taken place in a sincere and friendly atmosphere, and achieved the results expected by both sides.The statement was made by Vietnamese Ambassador to the US Nguyễn Quốc Dũng, who attended the meeting held in Washington DC&nbsp;on March 13 to advance economic and trade cooperation between the two countries.The ambassador noted that Minister Diên&nbsp;his assessments on the bilateral relationship between the two countries, and proposed specific and clear solutions to address existing issues in the nations' ties and to deepen the Việt Nam-US comprehensive strategic partnership. He also&nbsp;proposed initiatives aimed at achieving more balanced trade between the two countries.Ambassador Dũng&nbsp;said Greer appreciated Diên's&nbsp;practical proposals, saying that these are practical measures which will significantly contribute to strengthening bilateral trade relations in the right direction.&nbsp;He affirmed that USTR would promptly review the proposals before engaging in further discussions on their implementation.Both sides agreed to maintain working-level exchanges to advance the solutions discussed.According to the Ministry of Trade and Industry, this working session marked the first official ministerial-level meeting between the two countries since the new US administration took office.During the talks, both sides expressed satisfaction with the positive trajectory of US-Việt Nam relations during 30 years of diplomatic ties, 10 years of comprehensive partnership and two years of comprehensive strategic partnership.Minister Diên&nbsp;affirmed that Việt Nam considers the US a top-priority partner and seeks to develop the comprehensive strategic partnership in a substantive, profound, and sustainable manner, thus contributing to bolstering mutual understanding and strategic trust between the two countries.Highlighting the complementary nature of the two economies and their import-export structure, he said two-way trade has been on rapid and stable growth over the years, ensuring major foundations and national interests in the bilateral cooperation.Việt Nam's consistent policy is to build harmonious, sustainable, stable, and mutually-beneficial economic and trade ties with the US, he stated, adding that Việt Nam has no intention to create any barriers that could harm the US’s workers or economic and national security.He outlined specific solutions that the Vietnamese Government is actively implementing to promote the economic, trade, and investment relations with the US in a comprehensive, harmonious, and sustainable manner. He also proposed that technical teams from both countries continue discussions towards US recognition of Vietnam's market economy status, a decision he described as important and commensurate with the current comprehensive strategic partnership between the two nations.US Trade Representative Greer appreciated Minister Diên's&nbsp;proactive coordination and straightforward, responsible, and goodwill approach when understanding and directly addressing current US concerns.He said the US’s new trade policy is designed to further promote trade and investment while protecting US economic and national security, and workers, without intending to harm partner countries. However, he said that trade exchanges must achieve rational economic benefits, calling on Việt Nam to implement stronger measures to open its market and improve the trade balance in the coming time.Regarding concerns about the US’s tariff policies, Diên and Greer said this is the right time for Việt Nam and the US to coordinate to create a fair and sustainable business environment, involving review and consideration to remove trade barriers that hinder investment and business activities, as well as the establishment of effective mechanisms to control trade fraud, origin fraud, and illegal transshipment.Concluding the session, the two sides agreed to conduct regular technical – level consultations to address specific issues, helping build harmonious, sustainable, and stable trade relations in alignment with the comprehensive strategic partnership between the two countries. — VNS

During the talks, both sides expressed satisfaction with the positive trajectory of US-Việt Nam relations during 30 years of diplomatic ties, 10 years of comprehensive partnership and two years of comprehensive strategic partnership.

Meeting of Vietnamese Minister, US Trade Representative achieves positive results: Ambassador

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/3/13/410670_42.jpg" alt=""></figure></td></tr><tr><td>A radiation and chemical reconnaissance robot designed by the Ministry of Defence. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — The Ministry of Defence has proposed a new law aimed at preventing the proliferation of weapons of mass destruction (WMDs), seeking to strengthen the country’s legal framework in line with international treaties.According to a draft prepared by the ministry, WMDs are defined as weapons capable of inflicting significant losses on enemy forces, technical assets and economic and defence infrastructure, while also severely damaging the environment, causing profound psychological and emotional impacts on populations.The category includes biological, chemical, nuclear and radiological weapons.The ministry warned that such weapons pose a grave threat in the hands of nations with malicious intent, terrorist groups, or other non-state actors.It highlighted growing concerns over the increasing ease of manufacturing WMDs, noting that individuals with basic knowledge of chemistry or biology could potentially produce them and these weapons could be detonated remotely in crowded streets or concealed in public spaces, no matter how confined.The ministry also underscored the difficulty of controlling the spread of WMDs and the lack of effective measures to protect densely populated cities from even small-scale attacks, let alone larger assaults.The United Nations has established several international legal instruments to curb the proliferation of WMDs, including the Biological Weapons Convention, the Chemical Weapons Convention, and the Nuclear Non-Proliferation Treaty, which have been ratified by most countries worldwide.Việt Nam, a signatory to multiple international agreements on WMD non-proliferation, introduced Government Decree 81 in 2019, to address the issue domestically.The ministry said that, to date, the country has not recorded any incidents related to the proliferation or financing of WMDs. However, the ministry acknowledged that while Decree 81 has yielded positive results, certain shortcomings remain. It argued that enacting a comprehensive law on preventing the proliferation of WMDs is now essential to address these gaps.The proposed legislation focuses on five key areas: refining general regulations on WMD non-proliferation; enhancing efforts to counter the spread of specific types of WMDs; strengthening border controls and oversight of dual-use goods; improving measures to combat the financing of WMD proliferation; and bolstering the capacity and responsibilities of relevant authorities.The move reflects Việt Nam’s commitment to aligning its national policies with global efforts to prevent the spread of some of the world’s most dangerous weapons, amid rising concerns over their accessibility. — VNS

The Ministry of Defence argued that enacting a comprehensive Law on Preventing the Proliferation of Weapons of Mass Destruction is essential to address existing legal gaps.

Ministry of Defence proposes WMD Prevention Law

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://image.vietnamnews.vn/uploadvnnews/Article/2025/3/7/409434_5106198042529618_toal1.jpg" alt=""></figure></td></tr><tr><td>Party General Secretary Tô Lâm (centre) presided over a meeting of the Party Central Committee's Commission for Policies and Strategies on March 7. — VNA/VNS Photo</td></tr></tbody></table></figure>HÀ NỘI — Party General Secretary Tô Lâm has stressed the need for a clear strategy to develop the private economic sector that is conformable with Việt Nam's current economic development level as well as new geo-economic and geopolitical space, ensuring its strong adaptability, resilience and competitiveness.Chairing a working session with the Party Central Committee's Commission for Policies and Strategies on Friday, the Party chief demanded that the strategy must serve as a roadmap for businesses and economic entities to focus their investments and development directions.He highlighted the need to fundamentally improving infrastructure and human resources to serve the overall development, creating favourable conditions for all enterprises to grow.Lâm stressed that changes in mindsets and perceptions are essential to transform policies and actions towards the private economic sector, adding it is a must to continue eliminating all misconceptions and prejudices about this sector.The Party leader called for efforts to replace small-scale and fragmented agricultural thinking while encouraging industrial mindsets focused on large-scale operations and startup spirit nationwide, suggesting multiple forms of commendation should be built to honour the private economic sector’s contributions to the national economy.Defining institutional barriers as critical obstacles to breakthrough growth, he requested rapid improvements in the investment and business environment and the removal of roadblocks for business development. The General Secretary also emphasised the significance of comprehensive and flexible supporting policies for the sector.Additionally, he called for ensuring equality and fairness, allowing private enterprises access to capital and means of production no less favourable than state-owned enterprises and foreign-invested companies, enabling private businesses to engage in the nation’s key projects, and supporting small- and medium-sized enterprises to quickly grow into large corporations.Furthermore, it is important to enhance the connectivity between businesses and between sectors to form a sustainable economic cycle, helping consolidate independence and resilience in economic development while ensuring effective economic integration.He stressed the need to continue renewal as well as enhancing the Party's leadership role, particularly effective settlement of shortcomings in implementing the Party’s resolutions, conclusions and directions.To advance the country's socio-economic development in the new era, the Party chief urged the Party Central Committee's Commission for Policies and Strategies to uphold its role as the Party’s strategic advisory body, proposing groundbreaking policies and decisions to drive the nation’s rapid and sustainable growth in the coming time. — VNA/VNS

Vietnamese top leader stressed that changes in mindsets and perceptions are essential to transform policies and actions towards the private economic sector, adding it is a must to continue eliminating all misconceptions and prejudices about this sector.

Việt Nam needs clear strategy for private economic development: Party chief

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