Prime Minister Nguyễn Xuân Phúc held phone talks with US President Donald Trump on Tuesday. — VNA/VNS Photo

 HÀ NỘI — Prime Minister Nguyễn Xuân Phúc held phone talks with US President Donald Trump on Tuesday.

The leaders agreed that bilateral cooperation has advanced robustly across all fields since the two nations set up diplomatic relations 25 years ago, more so in recent years.

They expressed their belief that ties will further deepen in a stable manner, bringing benefits to both countries, in which economic and trade cooperation remains a focus and impetus of the relations.

A strong, independent and prosperous Việt Nam with an increasingly important role in the region is the aspiration of the Vietnamese people and this is in line with the US interests.

PM Phúc and President Trump discussed the United States Trade Representative (USTR)’s ongoing investigation of Việt Nam's monetary policy and timber materials in accordance with Article 301 of the Trade Act of 1974.

The Government leader said that Việt Nam, as a developing country with limited economic capacity, has pursued a monetary policy in favour of inflation control and macro-economic stabilisation.

He stressed the policy has not been designed to gain competitive edges in international trade.

In that spirit, the two leaders agreed to assign their ministries and agencies to continue working together to comprehensively resolve the concerns of the US and Việt Nam, sustaining harmonious, sustainable and mutually beneficiary trade ties.

PM Phúc congratulated President Trump on successful development of two COVID-19 vaccines at breakneck speed. Meanwhile, the US President said he treasures the country and people of Vietnam and wishes to visit the Southeast Asian nation again in the near future. — VNS