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The Vietnamese Minister of Trade met with executives from Nike and Walmart.
On June 12, Jin10 reported that Vietnam’s Minister of Trade Nguyen Hong Dien met with executives from Nike (NKE.N) and Walmart (WMT.N). This is part of a significant charm offensive aimed at American companies, intended to garner support ahead of high-stakes trade negotiations to avoid hefty tariffs. According to a statement on the website of the Ministry of Industry and Trade of Vietnam, Nguyen Hong Dien urged these companies to “express their strong support, push the negotiation process forward, and reach a fair, balanced, and sustainable protocol as soon as possible.”