Vietnam PM hopes U.S. will recognise country as market economy

© Reuters. FILE PHOTO: Vietnam’s Prime Minister Pham Minh Chinh speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024. REUTERS/Denis Balibouse/File Photo

HANOI (Reuters) – Vietnam’s Prime Minister Pham Minh Chinh told a business summit on Wednesday that he hoped the United States would recognise Vietnam as a market economy, noting that more than 70 other countries already did.

Chinh also said that foreign investment flows into Vietnam this year were expected to total around $25 billion.

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