Reported 3 days ago
Vietnamese businesses are set to sign memorandums of understanding with U.S. partners to acquire $2 billion in American agricultural goods as part of efforts to establish a new trade agreement. The visits of a Vietnamese delegation, led by Agriculture Minister Do Duc Duy, aim to address existing trade deficits, with specific MoUs targeting $800 million in products from Iowa over three years, including corn and soybean meal. Vietnam's previous agricultural imports from the U.S. totaled $3.4 billion last year, while exports to the U.S. reached $13.68 billion.
Source: YAHOO