Illustrative image (Photo: VNA)
Hanoi, (VNA) – Vietnam welcomes the decision of the United
States Trade Representative (USTR) on July 23 not to take trade action against
Vietnam in connection with the investigation into Vietnam’s currency policy,
Foreign Ministry spokesperson Le Thi Thu Hang said on July 24.
The USTR Office on July 23 issued a formal
determination in the
Vietnam Currency Section 301 investigation saying that the
agreement reached between the US Department of the Treasury
and the State Bank of Vietnam provides a satisfactory resolution of the matter
subject to investigation and accordingly that no trade action is warranted at
this time.
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