Vietnam’s Deputy Prime Minister Ho Duc Phoc and senior executives from the country’s biggest airlines, Vietnam Airlines JSC and Vietjet Aviation JSC, will visit the United States this weekend as the nation prepares for possible US tariffs, Bloomberg News reported on Wednesday.
By sources and an official agenda, representatives of airlines are due to sit down with officials from Boeing and some US banks, while Phoc is due to engage in discussions in Washington. The visit coincides with US President Donald Trump poised to unveil dramatic new reciprocal tariffs on world trade partners.
Over the past weeks, Vietnam has made a series of moves aimed at reducing its trade surplus with the United States, which last year stood at over $123 billion. Such measures involve bolstering US imports as a way to avert the possible tariffs by the Trump administration.
Vietnam has also permitted Elon Musk’s SpaceX to pilot its Starlink satellite internet product in the country, marking even more economic partnership with US companies.
As a major exporter to America, Vietnam is largely dependent on demand from the United States, and almost a third of its economic output targets the American market. The fact that high-level officials and business leaders visited Vietnam is a testament to Vietnam’s strategic aspiration to uphold robust trade ties and adapt to the changing economic landscape.
