Vietnamese Trade Minister Nguyen Hong Dien and US Trade Representative Jamieson Greer led the talks, identifying areas of near consensus and others requiring further discussion. 

The US and Vietnam concluded their second round of tariff negotiations in Washington from 19 May to 22 May.

Vietnamese Trade Minister Nguyen Hong Dien and US Trade Representative Jamieson Greer led the talks, identifying areas of near consensus and others requiring further discussion.

“At the end of the negotiation round, Vietnam and the United States made positive progress, identifying groups of issues on which consensus was close, and groups of issues that needed further discussion to reach consensus in the coming time,” said a statement from Vietnam’s trade ministry.

Vietnam ranked fourth among US trading partners with a trade surplus of USD 123.5 billion last year.

Vietnam faces a 46% reciprocal tariff rate imposed by the US, although these tariffs are currently suspended until July.

The two countries will resume negotiations in early June to address outstanding concerns.

Earlier, Vietnam’s Ministry of Finance announced that the US and Vietnamese officials discussed various updates to the 2015 tax treaty between the two countries, including amending protocols to the agreement on 13 May 2025.