Vietnam says trade talks with US nearly completed; US officials more cautious

A 3D-printed miniature model of U.S. President Donald Trump and the Vietnam flag are seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration

HANOI: Vietnam and the US have nearly completed negotiations covering a trade deal, Vietnamese Deputy Prime Minister Pham Gia Tuc said on Wednesday (Oct 14) at an event in Hanoi, though US officials appeared more cautious.

Vietnam has sent the final text of the agreement to the US, Tuc said at a business forum in Hanoi.

"We expect the US to continue to create favourable conditions for Vietnamese goods to access the US market in a stable and sustainable manner," Tuc said.

Tuc also said Vietnam expects the US to make an objective and balanced assessment in its Section 301 investigation into issues including industrial overcapacity and intellectual property rights in Vietnam.