U.S. claims Vietnam's currency practices "unreasonable"

WASHINGTON, Jan. 15 (Xinhua) -- The Office of the U.S. Trade Representative (USTR) on Friday claimed that Vietnam's acts, policies and practices related to currency valuation are "unreasonable" and restrict U.S. commerce.

"In making these findings, USTR has consulted with the Department of the Treasury as to matters of currency valuation and Vietnam's exchange rate policy," the USTR Office said in a statement after releasing findings of its Section 301 investigation into Vietnam's currency practices, which was initiated in October 2020.