Caution urged as Vietnam starts levy talks

Vietnam has officially launched negotiations with the United States on bilateral economic and trade issues, as significant US tariffs of 46 percent threaten its economy.

But experts urged the Southeast Asian country to exercise caution and not to rush to reach an agreement because of uncertainties in US tariff policies.

Talks began with a phone conversation between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer on Wednesday evening, the Vietnam News Agency, or VNA, reported.