Vietnam concerned over restrictions on access to US market

13 Mar '23

1 min read

Pic: Shutterstock

Vietnamese deputy minister of industry and trade Do Thang Hai recently expressed concern over restrictions on the country’s access to the US market and the increasing frequency of trade remedy cases against Vietnamese exports. He conveyed the concerns to visiting US under secretary of commerce for international trade Marisa Lago in Hanoi.

The Vietnamese leader proposed the US department of commerce discuss further with relevant US agencies to have an objective, fair and appropriate assessment that suits current production practices in Vietnam.

Hai highlighted the potential for both sides to team up in energy transition, digital transformation and the building of clean and sustainable supply chains.

Lago is on a trip to Vietnam as part of activities to mark the 10th anniversary of the Vietnam-US comprehensive partnership (2013-2023), helping strengthen the bilateral relationship and deepen trade ties.

Both sides exchanged views on the bilateral cooperation within the framework of the Asia-Pacific Economic Cooperation (APEC) forum and in energy and digital transformation, as well as in the process of discussing the Indo-Pacific Economic Framework for Prosperity (IPEF), a news agency reported.

The value of Vietnam-US trade exceeded $123 billion last year, up by 11 per cent year on year.

Fibre2Fashion News Desk (DS)

More Textiles News - Vietnam...