Vietnam’s Top Leader Says US Trade Deal Close

Vietnamese President To Lam stated in an interview with Bloomberg that Vietnam is "very close" to reaching a trade agreement with the United States and pledged to increase purchases of high-tech goods. Lam said Vietnam does not accept transshipment of goods, referring to the practice of routing products through Vietnam to circumvent tariffs or trade restrictions. The specifics of the proposed deal and timeline for completion were not detailed in Lam's remarks.

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