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HANOI: Vietnam and the United States held their first direct ministerial-level negotiations on Friday (May 16) against the backdrop of an impending US tariff of 46 per cent on imports from the Southeast Asian nation, which could significantly impact its growth. The Vietnamese trade ministry said in a statement released on Saturday that the meeting, which occurred in Jeju, South Korea, following the 31st APEC Ministerial Meeting on Trade, symbolised both nations’ commitment to fostering a stable economic, trade, and investment relationship. The talks follow a phone call last month between Vietnamese trade minister Nguyen Hong Dien and US Trade…
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