U.S. pressures Vietnam to improve trade balance
scmp.com —
The U.S. is urging Vietnam to open its markets and improve its trade balance. This follows a meeting in Washington between U.S. trade officials and Vietnam's Minister of Industry and Trade. Vietnam is considering removing trade barriers for American companies and addressing export fraud. The country announced deals with U.S. companies worth an estimated $4.15 billion. U.S. officials emphasize the need for Vietnam to strengthen its market access. No specific financial details about the agreements were disclosed.