Vietnam and US advance trade talks while awaiting EU tax list update

Vietnam is continuing talks with the United States to advance a reciprocal trade agreement and anticipates being removed from the European Union's tax haven blacklist.

Key points

• Ministry of Foreign Affairs spokesperson Phạm Thu Hằng stated that Vietnam and the US are continuing discussions to finalize a fair and balanced reciprocal trade agreement.
• The US Trade Representative Jamieson Greer previously noted that the two negotiation teams have made significant progress toward a final agreement.
• Reports indicate the European Union may remove Vietnam from its list of non-cooperative jurisdictions for tax purposes during an upcoming meeting in Luxembourg.

Why it matters

These developments highlight Vietnam's ongoing efforts to strengthen economic and trade relations with major global partners while addressing international tax transparency standards.