Manila Times Business
PH to reduce trade deficit with Vietnam
THE Department of Agriculture (DA) on Tuesday said it was working to fulfill a commitment by President Ferdinand Marcos Jr. and Vietnamese President Tô Lâm to expand bilateral trade and reduce a trade deficit that favors Vietnam. Tô Lâm arrived in Manila on Sunday for a two-day state visit. “One of the major issues is that when prices go up, the Vietnamese side rescinds the contract,” Agriculture Secretary Francisco Tiu Laurel Jr. said about a recurring concer
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Source: manilatimes.net
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