The us will not restrict trade for Vietnamese exports

Information from the Ministry of Industry and Trade said that the United States Trade Representative (USTR) has officially issued the conclusion of the investigation case under Section 301 of the Trade Act 1974 on acts, policies and practices. Vietnam's application regarding currency undervaluation.

Accordingly, on the basis of satisfactory solutions, meeting the objectives of the investigation as stated in the Agreement reached on July 19, 2021 between the US Department of Finance and the State Bank of Vietnam, USTR will not issue any trade-restrictive measures for Vietnamese exports.

This decision has particularly positive implications for bilateral economic-trade relations, business and investment environment in Vietnam, and multifaceted cooperation between Vietnam and the United States.

In the coming time, Vietnam will continue to actively cooperate with US partners to comprehensively address the concerns of the US and Vietnam, thereby maintaining a stable trade relationship towards the end of the year. a harmonious and sustainable trade balance, mutually beneficial.

Source: thoibaotaichinhvietnam.vn