Vietnam to seal trade deal with U.S. soon - Minister - Video Dailymotion

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Vietnam expects to finalise a reciprocal trade agreement with the United States soon, as negotiations in Washington aim to deepen cooperation and secure fairer market access for Vietnamese exports.

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00:00Vietnam is expected to sign a reciprocal trade agreement with the United States soon.

00:05According to Deputy Prime Minister Bui Than Son, a new round of negotiations is underway in Washington

00:10as both sides look to strengthen economic ties.

00:14Back in October, both sides agreed to finalize the trade deal within weeks.

00:20Under the proposed agreement, the U.S. would keep a 20% tariff on Vietnamese imports.

00:26A Vietnamese delegation is in Washington this week for talks to finalize the trade deal,

00:33focusing on possible tariff exemptions for key exports like coffee

00:36and greater market access for U.S. goods such as cars and farm produce.

00:41At the U.S.-Vietnam Business Summit in Hanoi,

00:44Sun urged American companies to support an upcoming visit by President Tholam,

00:49Vietnam's bid for U.S. market economy status,

00:52and the lifting of restrictions on high-tech exports.

00:54For the first 10 months of the year,

00:57Vietnam recorded a $111 billion trade surplus with the U.S.

Vietnam to seal trade deal with U.S. soon - Minister

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