{"id":85199,"date":"2025-07-24T00:43:13","date_gmt":"2025-07-23T17:43:13","guid":{"rendered":"https:\/\/huefo.vn\/?p=85199"},"modified":"2025-07-24T00:43:13","modified_gmt":"2025-07-23T17:43:13","slug":"viet-nam-us-relations-continue-to-write-success-story","status":"publish","type":"post","link":"https:\/\/huefo.vn\/en\/peace-friendship\/international-cooperation\/viet-nam-us-relations-continue-to-write-success-story\/","title":{"rendered":"Viet Nam \u2013 US relations continue to write success story"},"content":{"rendered":"

With trust and mutual respect, Viet Nam and the US are writing a new chapter of long-term cooperation, for the benefit of the people of the two countries and for peace and prosperity in the region and the world.<\/strong><\/p>\n

\n

\"General<\/p>\n

General Secretary of the Communist Party of Viet Nam Central Committee and State President To Lam (left) and US President Joe Biden hold talks in New York on September 25, 2024 during the former’s trip to the US to attend the United Nations Summit of the Future and the High-Level General Debate of the 79th session of the UN General Assembly. (Photo: VNA)<\/em><\/p>\n

In September 2023, Viet Nam and the US elevated their ties to a Comprehensive Strategic Partnership, marking a historic milestone and opening a new chapter in the bilateral relations.<\/p>\n

In a policy address at Columbia University in September 2024, General Secretary of the Communist Party of Viet Nam To Lam emphasised that the 2023 Viet Nam – US Joint Statement outlined 10 pillars of comprehensive and important cooperation, including core areas such as trade, investment, inclusive economic growth driven by innovation, science – technology and digital innovation.<\/p>\n

Efforts to realise contents of cooperative ties<\/strong><\/p>\n

Amid complicated changes of the world situation, frequent high-level exchanges are crucial for maintaining trust and mutual understanding. Over the past three months, General Secretary To Lam and US President Donald Trump have held two important phone talks, drawing significant attention from international observers.<\/p>\n

Notably, after the US announced new tariff policies, on April 4, General Secretary To Lam held phone talks with President Donald Trump, becoming one of the first foreign leaders to directly engage with the US leader on the issue. Just a week later, Vietnamese Deputy Prime Minister Ho Duc Phoc led a working delegation to Washington to work with US partners.<\/p>\n

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Workers process shrimp for export. Shrimp products are among leading export items that Viet Nam\u00a0exports to the US market. (Photo: VNA)<\/em><\/p>\n

Another call between the two leaders on July 2 focused on the bilateral relations and reciprocal tariff negotiations between the two countries. Both leaders expressed satisfaction with the strong and fruitful development of the bilateral relations and welcomed the outcome of negotiations that led to a joint statement on a fair and balanced reciprocal trade framework.<\/p>\n

US Ambassador to Viet Nam Marc Knapper said these frequent exchanges reflect not only the strong quality of the bilateral relationship but also the US\u2019s deep respect for Viet Nam as well as the two sides\u2019 strong desire to ensure that the bilateral relations will continue to develop well, benefiting the people of both countries.<\/p>\n

Such exchanges also show the depth of the relationship based on strategic trust between the two nations, Knapper said, adding that during their discussions, the two leaders emphasised the role of the Viet Nam-US cooperation in not only bilateral aspects but also in ensuring peace and stability in the region and the world.<\/p>\n

In the coming time, maintaining the momentum of high-level contacts, together with practical bilateral cooperation mechanisms, will continue to be an important driving force for the two countries to overcome differences, build strategic trust and realise the specific contents of the Viet Nam-US Comprehensive Strategic Partnership for the benefit of the people of the two countries, and for peace, stability and cooperation in the region and the world.<\/p>\n

Trade and investment: Key cooperation pillar<\/strong><\/p>\n

Trade and investment ties have become one of the most important and practical pillars in the Viet Nam-US Comprehensive Strategic Partnership.<\/p>\n

\"vna-potal-trung-bay-30-nam-quan-he-ngoai-giao-viet-nam-hoa-ky-va-trao-tra-ho-so-chung-tich-chien-tranh-8141519.jpg\"<\/p>\n

A man visits the exhibition “30 years of Viet Nam- US diplomatic relations”. (Photo: VNA)<\/em><\/p>\n

In 1995, bilateral trade stood at below 500 million USD. It soared to 124 billion USD in 2023. In 2024, the figure climbed even higher to nearly 150 billion USD – an astonishing 300-fold increase in just three decades. Viet Nam\u2019s top exports to the US include garments, wooden furniture, electronics, machinery, footwear and agricultural products. Meanwhile, Viet Nam imports aircraft, machinery, chemicals, and plastics from the US.<\/p>\n

The US’s investment to Viet Nam has also been rising steadily. As of mid-2024, the US had over 1,300 valid direct investment projects in Viet Nam, with total registered capital exceeding 11.8 billion USD, ranking it 11th among foreign investors. Major American corporations like Intel, Apple, Boeing, Google, GE, Amkor and AES are expanding their operations in Viet Nam, further integrating the country into global supply chains.<\/p>\n

Dr. Vu Hoang Linh, a senior lecturer at the University of Economics under Viet Nam National University, Hanoi said Viet Nam in standing in front of a \u201cstrategic window of opportunity\u201d to deepen its role in global supply chains. The ongoing reconfiguration of global trade flows, along with multinational corporations\u2019 efforts to diversify their manufacturing bases, offers Viet Nam unprecedented opportunities.<\/p>\n

Ambassador Pham Quang Vinh, former Vietnamese Ambassador to the US and former Deputy Minister of Foreign Affairs, noted that the potential for bilateral trade and investment cooperation remains vast. Vietnamese products have become more competitive, and the expanding trade relationship brings mutual benefits to both countries and their people, he said.<\/p>\n

Dr. Can Van Luc, a member of the Prime Minister\u2019s Economic Advisory Group, emphasised that maintaining an open and transparent investment environment, along with effective economic dialogue mechanisms, will be crucial to fully realising the partnership\u2019s potential. He added that Viet Nam\u2019s domestic reforms and growing market of over 100 million people position it well for continued economic success.<\/p>\n

Expanding cooperation areas<\/strong><\/p>\n

Based on the Comprehensive Strategic Partnership, Viet Nam and the US are expanding cooperation to new strategic areas such as high-tech industries and clean energy.<\/p>\n

Ambassador Pham Quang Vinh stressed the importance of leveraging US expertise in innovation and technology. Viet Nam must enhance its legal frameworks, infrastructure, and human resources to better integrate into the supply chains of leading US companies, he said.<\/p>\n

Meanwhile, US Ambassador Marc Knapper said that the US wants to help Viet Nam realise its potential to become a regional and global semiconductor hub, where Viet Nam\u2019s spirit of innovation and entrepreneurship will be fully developed. This is what US businesses see and why leaders of technology firms visited Viet Nam. Last year, Apple CEO Tim Cook visited Viet Nam and Nvidia\u2019s Jensen Huang has visited Viet Nam regularly.<\/p>\n

Energy is another area of promising cooperation between the two countries. Olivier Marquette, President of AES Viet Nam, said the company has invested over 2 billion USD in Mong Duong 2 thermal power plant and is now developing liquefied natural gas (LNG) power projects in Viet Nam. These projects, he said, can also help balance the trade relationship between the two nations.<\/p>\n

As of July 2025, 30 years since the normalisation of relations, the two countries have established a comprehensive framework for cooperation in all spheres from politics, economy, security, education, science and technology, and people-to-people exchanges.<\/p>\n

General Secretary To Lam, in a meeting with US Senator Steven David Daines in March, described the Viet Nam-US relationship as a model in international relations. The guiding principle – putting the past behind and looking to the future – is not just a slogan but a foundation for action, he said.<\/p>\n

With trust and mutual respect, Viet Nam and the US are writing a new chapter of long-term cooperation, for the benefit of the people of the two countries and for peace and prosperity in the region and the world.\/.<\/p>\n

VUFO<\/em><\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

With trust and mutual respect, Viet Nam and the US are writing a new chapter of long-term cooperation, for the benefit of the people of the two countries and for peace and prosperity in the region and the world. General Secretary of the Communist Party of Viet Nam Central Committee and State President To Lam…<\/p>\n","protected":false},"author":2,"featured_media":85200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[795],"tags":[869,830],"class_list":["post-85199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-cooperation","tag-vietnam-usa","tag-vufo-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/posts\/85199"}],"collection":[{"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/comments?post=85199"}],"version-history":[{"count":1,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/posts\/85199\/revisions"}],"predecessor-version":[{"id":85202,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/posts\/85199\/revisions\/85202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/media\/85200"}],"wp:attachment":[{"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/media?parent=85199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/categories?post=85199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huefo.vn\/en\/wp-json\/wp\/v2\/tags?post=85199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}