US businesses approve PNTR for Vietnam
Vietnam Economic Times, Vietnam
VNECONOMY updated: 26/06/2014
Media has recently talked much about the PNTR and its significance. But many do not know what it is. Could you briefly introduce the PNTR?
Vietnam and the US normalized diplomatic relations in 1995 and signed the bilateral trade agreement in 2001. However, the US still applies Jackson Vanik amendment to Vietnam. The amendment hinders trade relations between the 2 countries.
The PNTR will help normalize trade relations between the 2 countries. If the PNTR is granted, there will be no need to extend waiver of Jackson Vanik every year. Read more about US businesses approve PNTR for Vietnam …