Vietnam to buy US defence, security products to tackle trade gap

Khanh Vu - Reuters - 08/04
Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday.
HANOI, April 8 (Reuters) - Vietnam will buy more American goods, including defence and security products, and has asked for a 45-day delay in the imposition of U.S. tariffs, Prime Minister Pham Minh Chinh said in a statement issued late on Monday.
Hanoi will also seek faster deliveries of commercial planes that Vietnamese airlines have ordered from the U.S., Chinh said at a cabinet meeting late on Monday.

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The Southeast Asian country, a major regional manufacturing base for many Western companies, last year had a trade surplus of more than $123 billion with the U.S., its largest export market.
Chinh said Vietnam had asked the U.S. to delay the 46% tariff rate that U.S. President Donald Trump announced last week to allow time for negotiations.
Vietnam was seeking to "negotiate with the U.S. side for balanced and sustainable trade, in line with the interests of the two side...
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