Vietnam is working to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday, as a new round of negotiations gets underway in Washington.
In October, the two countries agreed to finalise a trade deal within weeks that would maintain U.S. tariffs of 20% on its imports of Vietnamese goods, but exempt some unspecified products from the new duty imposed by U.S. President Donald Trump in August.
Son urged U.S. businesses at a conference in Hanoi to help in bilateral negotiations so that the two parties could "soon sign a fair and balanced trade agreement."
For the first 10 months of the year, Vietnam has recorded a $111 billion trade surplus with the U.S. - pointing to another potential annual record, according to Vietnamese data.
A Vietnamese delegation led by Trade Minister Nguyen Hong Dien is in Washington this week for a new round of talks with U.S. officials to work on finalising the trade agreement, the Vietnamese trade ministry said on its web portal.
Vietnamese negotiators are keen to mark the signing of a trade deal with a meeting between Trump and Vietnam's top leader To Lam, multiple officials have said.
Son urged U.S. businesses at Wednesday's conference to support Vietnam's efforts to set up the high-level meeting. Past attempts have not been successful, according to multiple officials.
He also called on U.S. businesses to encourage Washington to recognise Vietnam as a market economy and lift its restrictions on the export of high-tech products, such as advanced semiconductors.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar den...
Twelve people have died and at least 10 others were injured after a Polish-registered bus overturned on a motorway in eastern Hungary, officials sa...
North Korean leader Kim Jong Un reaffirmed the deepening of ties with Russia in a message to President Vladimir Pu...
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Iran says the U.S. war and military presence in the region have worsened marine pollution around the Strait of Hormuz, calling for environmental protection to form part of future arrangements governing the strategic waterway.
Twelve people have died and at least 10 others were injured after a Polish-registered bus overturned on a motorway in eastern Hungary, officials said.
North Korean leader Kim Jong Un reaffirmed the deepening of ties with Russia in a message to President Vladimir Putin as Pyongyang marked the anniversary of independence from Japan's colonial rule, KCNA state news agency said on Sunday.
Australia's New South Wales state will start a gun buyback in November, Prime Minister Anthony Albanese said on Sunday, part of the national response to a shooting spree that killed 15 at a Jewish festival in Sydney, the state capital.
A Spanish F-18 fighter jet pilot on a NATO air policing mission shot down a drone illegally breaching Romanian national airspace, the fourth unmanned aircraft the country has shot down this year, Romania's Defence Ministry said on Sunday.
Russian forces launched a missile attack on Kyiv early on Sunday, sparking fires in at least two districts of Ukraine's capital, Mayor Vitali Klitschko said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment