Party chief’s visit helps boost Vietnam-US all-around ties: RoK scholar

Party General Secretary Nguyen Phu Trong’s official visit to the US, and his talks with US President Barack Obama significantly contribute to enhancing mutual trust and opening up more opportunities for the exchange and cooperation between the two sides, a scholar of the Republic of Korea (RoK) commented.
Party General Secretary Nguyen Phu Trong’s official visit to the US, and his talks with US President Barack Obama significantly contribute to enhancing mutual trust and opening up more opportunities for the exchange and cooperation between the two sides, a scholar of the Republic of Korea (RoK) commented.

Prof. Chon Yong Hun, head of an institute for Vietnam’s policy research and Vice President of the RoK-Vietnam Friendship Association, made the remark during an interview granted to a Vietnam New Agency’s correspondent in Seoul on July 11.

The year 2015 marks the 20th anniversary of Vietnam-US diplomatic ties, he said, adding that high-level visits between the two sides such as US President Bill Clinton’s visit to Vietnam in 2000 and Vietnamese President Nguyen Minh Triet’s US visit in 2007 brought positive results, contributing to boosting mutual trust between the two nations.

He noted that two-way trade between Vietnam and the US experienced a five-fold increase to 37.7 billion USD in 2014 from only 6.2 billion USD in 2004.

According to Chon Yong Hun, Vietnam’s engagement in the negotiations of the Trans-Pacific Partnership (TPP) agreement will also help foster their two-way trade.

US multinational businesses will increase their investment in Vietnam, bringing with them advanced technologies, he said.

Regarding diplomatic and defence fields, both countries are aware that it is necessary to push cooperation and mutual support in the coming time, according to the scholar .

He added that based on this common awareness, Vietnam and the US will foster defence cooperation in the future.-VNA

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