Tag Archives: US

Vietnam proposes four major cooperation initiatives for ASEAN and the US

The two sides should intensify cooperation in digital transformation, innovation, and energy security, including energy infrastructure connectivity and peaceful nuclear energy cooperation. Prime Minister Pham Minh Chinh proposed four major orientations to foster strong, substantive, and effective ASEAN-US cooperation in the coming period. (Photo: VGP) Vietnamese Prime Minister Pham Minh Chinh, along with leaders from […]

Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports

Key Points President Donald Trump said the United States has struck a trade deal with Vietnam. The agreement includes a 20% U.S. tariff on Vietnamese goods, as well as a 40% “transshipping” tariff, Trump said. He announced the deal days before a deadline paring back his “reciprocal” tariffs is set to expire, sending U.S. duties […]

The U.S. Just Secured a $7 Billion Deal for a ‘Gold Mine’ from Vietnam: 0% Import Tariffs, Vietnam Becomes the World’s 5th Largest Exporter

The U.S. is now the largest export market for Vietnam in this multi-billion-dollar sector. According to preliminary data from the General Department of Customs, Vietnam’s exports of computers, electronic products, and components earned more than $8.5 billion in February, up 32.4% compared to the previous month. By the end of the first quarter, this group […]