VOV.VN -Vietnam and the US will step up closer co-operation to comprehensively address concerns as a way of maintaining stable trade ties towards achieving a harmonious, sustainable and mutually beneficial trade balance, with this year’s bilateral trade target of US$100 billion.

VOV.VN - Publication Inside US Trade of the United States has released an article entitled “US, Vietnam working to avoid imposition of Section 301 tariffs”, citing a source that is familiar with the Office of the US Trade Representative (USTR)’s twin investigations into Vietnamese trading practices.

Minister of Industry and Trade Tran Tuan Anh, who is also Chairman of the Vietnam - US Trade and Investment Framework Agreement (TIFA) Council, has held phone talks with US Trade Representative (USTR) Robert Lighthizer to discuss bilateral economic and trade issues.

Any move by the US to impose tariffs on Vietnamese goods would hurt bilateral trade ties, the Ministry of Industry and Trade (MoIT) said.