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Vietnam Eyes Tariff Deal Soon, as US Seeks to Cut Huge Trade Deficit - New Straits Times Online

  • Vietnam and the United States are nearing a trade agreement, aiming for a quick signing, according to Deputy Prime Minister Bui Thanh Son.
  • Negotiations focus on exempting certain Vietnamese goods from U.S. tariffs, which currently stand at 20%, as stated by Son.
  • Assistant Secretary of State Michael DeSombre emphasized that the trade deal should promote fair trade and reduce the U.S. trade deficit.
  • Vietnam's delegation, led by Trade Minister Nguyen Hong Dien, is working on the list of tariff exemptions, hoping to finalize the deal potentially by December.
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Vietnam eyes tariff deal soon, as US seeks to cut huge trade deficit

Vietnam DPM urged US businesses to help in negotiations so the parties could soon sign a fair trade deal. Read more at straitstimes.com.

·Singapore
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This is the 8th direct ministerial-level negotiation session between the two countries, taking place right before the official technical-level negotiation session which will take place from November 12 to 14 in the US capital.

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TUOI TRE ONLINE broke the news in on Tuesday, November 11, 2025.
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