Vietnam is on the cusp of finalizing a 'reciprocal trade agreement' with the United States, Deputy Prime Minister Bui Thanh Son announced on Wednesday. This strategic move comes as both nations engage in a new round of negotiations in Washington, D.C.

At a U.S.-Vietnam business summit in Hanoi, Son emphasized the importance of trust leading to cooperation, which in turn fosters prosperity. In October, the two countries aimed to conclude a trade deal within weeks, ensuring a 20% tariff on Vietnamese imports while exempting certain unspecified products.

Son urged U.S. businesses to back a visit to the United States by Vietnamese leader To Lam and to lobby for Washington to recognize Vietnam as a market economy. Negotiations are set for November 12-14, as Vietnam's Ministry of Industry and

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