Vietnam is different from the rest of Asia in that it does not depend on the U.S. for security and China for trade. In fact, the opposite is true.

Vietnam on Thursday hailed as a breakthrough a long-awaited trade deal with the United States and said its negotiators were coordinating with U.S. counterparts to formalise terms with Washington, Details on the deal announced by U.

At the heart of Trump’s latest trade deal with Vietnam and talks with other trading partners is an effort to counter what he sees as China’s unfair practices to circumvent U.S. tariffs.

An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.

The 90-day reprieve Trump granted to most nations including Vietnam provides room for potential trade deals, and the negotiations are already getting under way.

Amid ongoing global uncertainties and economic slowdown, Vietnam recorded GDP growth of 7.52% in the first half of 2025, the highest six-month rate in the 2011-2025 period.

President Donald Trump announced a trade deal with Vietnam Wednesday that would allow U.S. goods to enter the country duty-free. Vietnamese exports to the United States, by contrast, would face a 20% levy. On his Truth Social platform, Trump declared the pact “a Great Deal of Cooperation between ...