On the afternoon of May 9, at the regular press conference of the Ministry of Foreign Affairs , answering reporters' questions regarding the hearing of the US Department of Commerce on recognizing Vietnam's market economy status, Foreign Ministry Spokesperson Pham Thu Hang said:
“We welcome the US Department of Commerce’s hearing on May 8, which is an important step in the process of reviewing Vietnam’s application for market economy status. At the hearing, the Vietnamese side clearly presented arguments, information, and data affirming that Vietnam’s economy fully meets the criteria for market economy status. At the same time, it emphasized that Vietnam’s economy is doing even better than many economies that have been recognized as market economy status.”
According to the Spokesperson of the Ministry of Foreign Affairs, in fact, up to now, 72 countries have recognized Vietnam as having a market economy, including major economies such as the UK, Canada, Australia, Japan... Vietnam also participates in 16 bilateral and multilateral free trade agreements with more than 60 partners across continents.
“The US’s early recognition of Vietnam’s market economy status will contribute to concretizing the commitments of the two countries’ senior leaders, strengthening the Vietnam-US Comprehensive Strategic Partnership. Thereby promoting economic and trade relations, bringing practical benefits to businesses and people of the two countries,” Ms. Pham Thu Hang emphasized.
According to Tin Tuc Newspaper/Vietnam News Agency
Source: https://www.nguoiduatin.vn/hoan-nghenh-bo-thuong-mai-hoa-ky-xem-xet-cong-nhan-kinh-te-thi-truong-a662883.html
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