The Manila Times on Nostr: Vietnam asks for 'market economy' status ========== Vietnam has called on the United ...
Vietnam asks for 'market economy' status
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Vietnam has called on the United States to recognize it as a market economy, stating that stronger trade ties would benefit Washington as it seeks to diversify from China. Vietnam and China are currently designated as nonmarket economies by the United States, allowing for tougher actions on their exports. President Joe Biden's administration has agreed to review Vietnam's status.
#Vietnam #UnitedStates #MarketEconomy #TradeTies #China
https://www.manilatimes.net/2024/03/28/business/foreign-business/vietnam-asks-for-market-economy-status/1938784
==========
Vietnam has called on the United States to recognize it as a market economy, stating that stronger trade ties would benefit Washington as it seeks to diversify from China. Vietnam and China are currently designated as nonmarket economies by the United States, allowing for tougher actions on their exports. President Joe Biden's administration has agreed to review Vietnam's status.
#Vietnam #UnitedStates #MarketEconomy #TradeTies #China
https://www.manilatimes.net/2024/03/28/business/foreign-business/vietnam-asks-for-market-economy-status/1938784