February 3, 2014 marked full 20 years of the end of the US embargo against Vietnamese trade which provided a premise for Presidents Truong Tan Sang and Barack Obama to declare the establishment of a comprehensive partnership in July 2013.
(VOV) – Since the US lifted its embargo against Vietnam in 1994, relations between the two nations have seen positive developments and substantial efficiency.
US former President Bill Clinton’s decision to lift the trade embargo against Vietnam removed the final barrier towards the normalization of bilateral ties, opening up a new chapter in Vietnam-US relations.
Looking back on the past 20 years, two-way trade jumped to more than US$30 billion in 2013 from 1994′s more than 200 million. Total US investment in Vietnam worth US$11 billion last year ranked the US seventh among foreign investors in the Southeast Asian nation.
Apart from economic-trade links, the Vietnam-US relations have grown considerably across various fields spanning from politics-diplomacy, science-technology to education-training, security-defence, healthcare, the environment and dealing with the consequences of the war.
In an interview about prospects for bilateral cooperative relations granted to a Voice of Vietnam Radio (VOV) Washington-based correspondent, Vietnamese ambassador to the US Nguyen Quoc Cuong said this year will offer a wealth of opportunity for Vietnam-US ties to thrive further.
The important thing is how to minimize differences in the two sides’ strategic visions to bring their comprehensive partnership to new heights in the future in the interests of the two peoples and for the sake of peace, stability, cooperation and development in the region and the world, he said.
Đăng ký: VietNam News