On May 23, President Tran Dai Quang hosted a
grand welcome ceremony for US President Barack Obama who is on a
three-day visit to Vietnam.
This is the first visit to Vietnam by President Barack Obama and by the
third US President since the two countries normalized their relations in
1995, following Bill Clinton in 2000 and George W.Bush in 2006.
Since the normalization of relations in
1995, especially after both nations set up a framework for the
comprehensive partnership, the Vietnam-US relations have progressed
across a variety of fields both bilaterally and multilaterally.
Along with strengthened political ties,
bilateral economic cooperation has also made great strides with the US
becoming the largest export market of Vietnam.
|President Tran Dai Quang and his US counterpart Obama review the guard of honour|
has continued to grow at 20% over recent years, reaching more than
US$45 billion in 2015, of which Vietnam has always registered a trade
Vietnam and the US see great potential for
wider cooperation in numerous fields, ranging from politics, national
defence, maritime security and safety to education-training,
people-to-people exchange, the settlement of humanitarian issues and
post-war consequences, climate change response, environmental protection
and coping with other global challenges.
The US direct investment into Vietnam is
estimated at more than US$11 billion, ranking seventh among foreign
investors in the Southeast Asian nation.
The two sides have also finalized
negotiations on the Trans-Pacific Partnership (TPP) Agreement and signed
the deal in February 2016. They are working hand in hand to get
approval from the legislative bodies.
Links in security-defence, education,
science-technology, and climate change prevention between the two
countries made significant progresses with the signing of the Joint
Vision Statement in 2015.
the US have stepped up coordination at regional and multilateral forums
such as APEC, ARF, ADMM +, EAS and compared notes on issues related to
maritime security and the East Sea. They have also joined hand in
reinforcing ASEAN solidarity, enhancing ASEAN’s central role, and
actualizing the US-ASEAN strategic partnership.
After the welcome ceremony, President Barack
Obama held talks with President Tran Dai Quang and had meetings with
Vietnamese Party, State and Government leaders to discuss measures to
foster the Vietnam-US comprehensive partnership in the time ahead.