A number of German papers recently ran stories highlighting Vietnam–UScooperative prospects on the occasion of the first US visit by PartyGeneral Secretary Nguyen Phu Trong.
The article“Vietnam and US inching closer together” by Rodion Ebbighausen on thee-newspaper Deutsche Welle described economic engagement as the "basisand engine" for bilateral ties through the comprehensive partnershipagreement signed in 2013.
It said the Trans-PacificPartnership (TPP) deal would form the centrepiece of the partnership,citing Peter Petri, an economist at Massachusetts' Brandeis University,as saying Vietnamese exports are estimated to jump by as much as 30percent to 300 billion USD once the TPP agreement is completed. At thesame time, foreign direct investment (FDI) is projected to climb twopercent.
Despite their differences, Vietnam is acountry of huge strategic importance for Washington D.C. since Obama'sannouncement of a US "pivot" to Asia, Erwin Schweisshelm of the GermanNGO Friedrich Ebert Foundation in Hanoi was quoted, adding that Vietnamwants to safeguard its foreign policy independence and does not intendto enter into a formal military alliance with another nation.
The article concluded that the visit would strengthen the foundation of US-Vietnamese relations.
The daily “Die Tageszeitung” also published an article by Sven Hansenportraying the visit as an opportunity to make economic and strategicbreakthroughs, particularly in TPP negotiations.-VNA
The article“Vietnam and US inching closer together” by Rodion Ebbighausen on thee-newspaper Deutsche Welle described economic engagement as the "basisand engine" for bilateral ties through the comprehensive partnershipagreement signed in 2013.
It said the Trans-PacificPartnership (TPP) deal would form the centrepiece of the partnership,citing Peter Petri, an economist at Massachusetts' Brandeis University,as saying Vietnamese exports are estimated to jump by as much as 30percent to 300 billion USD once the TPP agreement is completed. At thesame time, foreign direct investment (FDI) is projected to climb twopercent.
Despite their differences, Vietnam is acountry of huge strategic importance for Washington D.C. since Obama'sannouncement of a US "pivot" to Asia, Erwin Schweisshelm of the GermanNGO Friedrich Ebert Foundation in Hanoi was quoted, adding that Vietnamwants to safeguard its foreign policy independence and does not intendto enter into a formal military alliance with another nation.
The article concluded that the visit would strengthen the foundation of US-Vietnamese relations.
The daily “Die Tageszeitung” also published an article by Sven Hansenportraying the visit as an opportunity to make economic and strategicbreakthroughs, particularly in TPP negotiations.-VNA
