US urges Hanoi to improve trade balance


Removing barriers: A vendor carries fruits for sale in front of the Opera House in Hanoi. The government is reviewing import tariffs on US goods and is encouraging increased imports of American products. — AFP

HANOI: US Trade Representative Jamieson Greer has told Vietnam’s top trade official that his country must improve the trade balance between the two nations and further open its markets.

Industry and Trade Minister Nguyen Hong Dien, in a meeting last Thursday in Washington with Greer, said his government is weighing the removal of “trade barriers” for American companies and will crack down on export fraud, according to a statement on the ministry’s website.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vietnam , trade , export , tariffs

Next In Business News

Gold drops 1% as markets assess Mideast ceasefire prospects
Margma urges relief measures amid NBR shortage due to Hormuz blockade
Berjaya Sompo appoints Soo Wai Har as CEO
Golden Destinations eyes RM90mil from ACE market IPO, to allocate RM50mil for new HQ
Philippine central bank holds rate at 4.25% as inflation risks rise
CIMB named best retail, SME bank in Malaysia by The Asian Banker
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Fresh growth opportunities open for MNCs
George Kent redeems RM132mil sukuk
Aemulus wins RM10.5mil order, marks debut in India

Others Also Read