US Enhances Economic Security Cooperation with Vietnam

Department of State

Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez met with Vietnamese Prime Minister Pham Minh Chinh in Hanoi on January 25, 2024.

In their meeting, Under Secretary Fernandez reaffirmed the United States as an enduring partner and expressed support for the rapid development of Vietnam's semiconductor ecosystem as part of the U.S.-Vietnam Comprehensive Strategic Partnership. This effort includes cooperation to launch workforce development initiatives.Under Secretary Fernandez lauded Vietnam's ambitious goal to achieve net zero emissions by 2050. The Under Secretary highlighted that the United States and its private sector partners stand ready to assist Vietnam in accelerating its just energy transition while stressing the need for an updated and modernized regulatory framework on energy. Under Secretary Fernandez also reiterated the vital role played by NGOs in tackling global challenges and advancing sustainable prosperity. Under Secretary Fernandez and Prime Minister Pham further discussed expanding cooperation on science and technology.

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