Politics

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 toenhancing mutual trust and opening up more opportunities for theexchange and cooperation between the two sides, a scholar of theRepublic of Korea (RoK) commented.

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

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

Henoted that two-way trade between Vietnam and the US experienced afive-fold increase to 37.7 billion USD in 2014 from only 6.2 billion USDin 2004.

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

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

Regardingdiplomatic and defence fields, both countries are aware that it isnecessary 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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