Vietnam Treasures Relations with US: Party official

13/07/2023 04:45 PM


Vietnam and the United States have transformed their relationship from one of conflict to a dynamic and strategic partnership. The journey from wartime adversaries to comprehensive partners is a testament to diplomacy, mutual interests, and a shared vision for peace and prosperity in the Indo-Pacific region. Today, Vietnam treasures its relationship with the U.S., recognizing the economic, political, and security benefits it brings.

A History of Transformation

Following the end of the Vietnam War in 1975, relations between the two nations remained strained for nearly two decades. The process of reconciliation began in earnest in the 1990s when diplomatic ties were formally re-established in 1995. This historic event marked the start of a deepening partnership, characterized by trade agreements, security cooperation, and cultural exchanges.

People-to-people connections, cultural exchange crucially important for future of Korea-Egypt ties: Ambassador - Dailynewsegypt

Illustrative image

Economic Collaboration and Trade

Trade and investment have been central to Vietnam-U.S. relations. The United States is one of Vietnam’s largest trading partners, with bilateral trade exceeding $100 billion annually. The two countries have worked together under agreements such as the U.S.-Vietnam Bilateral Trade Agreement (BTA) and the Indo-Pacific Economic Framework (IPEF). Vietnam’s exports to the U.S., including textiles, electronics, and agricultural products, have contributed significantly to its economic growth, while American companies invest in Vietnam’s booming technology and manufacturing sectors.

Security and Strategic Cooperation

As Vietnam seeks to maintain regional stability, its security cooperation with the U.S. has grown. Both countries share concerns about maritime security in the South China Sea and work together on capacity-building initiatives for Vietnam’s naval and coast guard forces. U.S. naval visits to Vietnamese ports and defense dialogues demonstrate the strengthening military-to-military ties, enhancing Vietnam’s ability to protect its sovereignty and territorial integrity.

VN sees outstanding successes in foreign relations in 2023

Illustrative image

People-to-People Ties

Beyond trade and security, cultural and educational exchanges have strengthened the bond between the Vietnamese and American people. Thousands of Vietnamese students study in the U.S. each year, benefiting from world-class education and bringing back valuable expertise to Vietnam. The Fulbright University Vietnam (FUV) in Ho Chi Minh City stands as a symbol of academic cooperation between the two nations, promoting leadership and innovation.

Addressing Historical Legacies

A crucial aspect of Vietnam-U.S. relations has been efforts to address the legacies of war. The U.S. has provided assistance in clearing unexploded ordnance, supporting victims of Agent Orange, and accounting for missing soldiers from both sides. These humanitarian initiatives have played a key role in fostering trust and goodwill.

Viet Nam - Philippines people-to-people ties benefit both Nations

Illustrative image

The Future of Vietnam-U.S. Relations

Vietnam’s treasured relationship with the U.S. is poised to grow further. As Vietnam advances its industrialization and digital transformation, American companies are expected to play a significant role in technology transfers and green energy development. Additionally, continued collaboration on climate change mitigation and global health initiatives will reinforce their shared commitment to a sustainable future.

The evolution of Vietnam-U.S. relations is a remarkable success story in international diplomacy. What was once a fraught and divided past has given way to a dynamic and multifaceted partnership. As both nations navigate an increasingly complex global landscape, their relationship will remain a cornerstone of peace, stability, and prosperity in the Indo-Pacific region.

PV