Vietnam trade ministry: Sent document with replies to US requests on trade

Wednesday, Jun 4, 2025 8:52 pm ET1min read

Vietnam trade ministry: Sent document with replies to US requests on trade

The Vietnamese trade ministry has sent a document to the U.S. in response to the recent trade demands presented by the U.S. administration. The document, which was submitted on June 5, 2025, addresses the long list of "tough" requests made by the U.S. in its tariff negotiations with Vietnam [1].

The U.S. had requested Vietnam to reduce its reliance on Chinese industrial goods imports and to control more carefully its production and supply chains. These demands were part of an "annex" to a framework text prepared by U.S. negotiators and were sent to Hanoi at the end of May [1].

In its response, the Vietnamese trade ministry has acknowledged the U.S. concerns and has pledged to work towards addressing these issues. However, the specific details of the ministry's proposals are yet to be disclosed. The U.S. has requested that countries provide their best offers on trade negotiations by Wednesday, June 5, 2025 [1].

The submission of this document is seen as a significant step in the ongoing trade negotiations between the two countries. Vietnam, which has nearly tripled its exports to the U.S. since the start of the U.S.-China trade war, is eager to maintain its strong trade relationship with the U.S. while also ensuring its economic stability [1].

References:
[1] https://www.reuters.com/world/china/us-made-tough-requests-vietnam-trade-talks-sources-say-2025-06-03/
[2] https://www.agriculture.com/vietnam-delegation-pledges-usd2-billion-in-farm-good-purchases-11747895
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_L5N3S604N:0-us-made-tough-requests-to-vietnam-in-trade-talks-sources-say/

Vietnam trade ministry: Sent document with replies to US requests on trade

Aime Insights

Aime Insights

How should investors position themselves in the face of a potential market correction?

How could Nvidia's planned shipment of H200 chips to China in early 2026 affect the global semiconductor market?

What is the current sentiment towards safe-haven assets like gold and silver?

How might the recent executive share sales at Rimini Street impact investor sentiment towards the company?

Comments



Add a public comment...
No comments

No comments yet