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.

President Trump announced deals with Japan, Philippines and Indonesia, but many other countries have yet to clinch agreements.

Vietnam's economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after U.S. President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products.

Vietnam’s negotiators are still working on the terms of the tariff deal with their US counterparts, more than two weeks after it was first announced by US President Donald Trump.

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.