Vietnam’s stock benchmark is closing in on a record high, fueled by optimism over sweeping political reforms and clarity on a trade deal with the US.

Americans will continue to pay higher tariffs, while Vietnamese businesses won't pay anything. Whatever happened to reciprocity?

These provisions of the Vietnam deal show that China remains the central focus of U.S. trade policy even after Washington and Beijing reached a shaky trade truce and discussions with other partners over trade drag on. The agreement implies that other ...

The announcement came after President Trump in April proposed a steep 46% tariff on Vietnamese imports; he later paused those tariffs while talks continued.