In a positive step for international commerce, the United States and Vietnam have agreed to begin formal discussions on a trade agreement, signaling a shared commitment to deepening bilateral economic ties. This announcement came shortly after the U.S. paused the implementation of proposed tariffs, including a 46% duty on Vietnamese goods.
The decision sets a constructive tone for future negotiations, with both countries aiming to reduce non-tariff barriers and unlock greater trade potential. The dialogue follows a productive meeting in Washington between Vietnam’s Deputy Prime Minister Ho Duc Phoc and U.S. Trade Representative Jamieson Greer.
Vietnam’s commitment to welcoming more U.S. investment and addressing trade transparency reflects the country’s proactive approach to enhancing its role in the global supply chain. The U.S., in turn, recognizes the vast opportunities in strengthening trade with one of Asia’s most dynamic export economies.
In a related development, two major Vietnamese airlines announced funding deals with U.S.-based financial firms to expand their fleets and international operations—further boosting trade-related services and economic collaboration.
These developments highlight a shared vision for sustainable growth and mutually beneficial trade, setting the stage for stronger cooperation and increased market access between the two nations.
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