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USTR still slow-walking Biden transition
With help from Doug Palmer and Cristiano Lima
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Quick Fix The Office of the U.S. Trade Representative is still delaying the transition to the Biden administration
and refuses to acknowledge the outcome of the election, with just more than a week until Inauguration Day.
Vietnam determined to reduce trade surplus with US: PM
By Phuong Anh  January 7, 2021 | 04:26 pm GMT+7
A container ship docks at Cat Lai Port in Ho Chi Minh City. Photo by Shutterstock/xuanhuongho.
Vietnam is determined to cooperate with the U.S. in achieving balanced and sustainable trade relations, Prime Minister Nguyen Xuan Phuc told a forum Thursday.
The Vietnamese government has made drastic measures to reduce other countries’ trade deficit with it and to prevent export origin frauds, he added.
The U.S. Treasury last month labeled Switzerland and Vietnam currency manipulators, a claim strongly refuted by the latter.
PM Phuc and U.S. President Donald Trump talked on Dec. 22, while Minister of Foreign Affairs Pham Binh Minh phoned U.S. Secretary of State Mike Pompeo on Wednesday to resolve the issue.
Prime Minister Nguyen Xuan Phuc has asked the industry and trade sector to view enterprises as the centre of reform and development so as to further facilitate production and business activities and enhance competitiveness.