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December 17 According to a Reuters report on the 17th , the U.S. Department of Finance released a semi-annual exchange rate policy report on the 16th, identifying Vietnam and Switzerland as “exchange rate manipulators.”
The State Bank of Vietnam responded on the 17th and stated that it would cooperate with the US government to ensure “harmonious and fair” trade relations.
The State Bank of Vietnam said in a statement on the 17th that Vietnam’s trade surplus with the United States is the result of “Vietnam’s economic uniqueness” and its policy is not aimed at gaining trade advantage through unfair means.