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  • 2 weeks ago
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.
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