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Vietnam Today

Sharing in success

Released at: 08:37, 02/05/2015

Sharing in success

Vice Foreign Minister Ha Kim Ngoc shares his thoughts on the bilateral relationship between Vietnam and the US.

How would you assess the relationship between Vietnam and the US over the last 20 years? What have been the highlights of the bilateral relationship?

In the past 20 years the relationship between the two countries has taken significant steps forward, from former enemies to friends, and recently established a comprehensive partnership. I would like to emphasize  three striking points. 

First, over the last 20 years, bilateral relations have been continuously expanded and strengthened in all areas. In particular, for the first time in the relationship between Vietnam and the US, during a visit to the US on July 2013 by President Truong Tan Sang, the two sides issued a Joint Statement establishing a comprehensive partnership that emphasized nine key areas of bilateral relations, including political and diplomatic; economic and trade; science and technology; education; environment and health; settlement of war legacy issues; defense and security; protection and promotion of human rights; and culture, tourism and sports. 

Mr. Ha Kim Ngoc

Besides some of the most important principles, relating to a constructive and multi-sided relationship based on equality, mutual respect and mutual benefits for peace, stability and development in the region and the world at large, for the first time the US confirmed that it “respected the political institutions” of Vietnam. It can be said that the establishment of a comprehensive partnership between the two countries was an important milestone, consolidating the inevitable trend of relations between Vietnam and the US, creating a solid foundation for the development of bilateral relations in the next 20 years to come. With the establishment of a comprehensive partnership we have realized the will of Uncle Ho from nearly 70 years ago regarding a relationship of “full cooperation” between Vietnam and the US.

Second, the cooperation between the two countries today is not only limited to bilateral issues but have also expanded into multilateral and regional issues, thus creating  the posture of a tripartite relationship. This is consistent with Vietnam’s policy of active international integration, to be a responsible member of the international community; and is also consistent with the common interests of both sides and to adapt to the rapidly changing situation in the world and the region, which continues to evolve rapidly and complicately. The two countries are currently strengthening coordination at international and regional forums such as the UN, the Human Rights Council, ASEAN, the East Asia Summit (EAS), Asia-Pacific Economic Cooperation (APEC), and others. The issues the two sides  are now coordinating on include non-proliferation of weapons of mass destruction, transnational crime, ensuring water security and the sustainable development of the Mekong River, building new structures in the political, economic, and security fields, and promoting the resolution of disputes on the basis of respect for international law, including the Convention on the Law of the Sea 1982, the Declaration of Conduct (DOC), non-use of force or threaten to use force, ensurance of freedom and safety of navigation, and the right to legal exploitation of natural resources, in order to maintain peace, stability and cooperation in the region.

Third, cooperation between the two countries has increasingly been deeper, more efficient, and substantive. Along with the development of bilateral relations, specific dialogues have also been created, including the Political , Security and Defense dialogue,Defense policy dialogue, Asia-Pacific dialogue, and dialogue on the Law of the Sea…. These dialogues have created opportunities to exchange and consult views on substantive issues in bilateral relations relating to peace, stability and cooperation in the region. The fact that shows growth in the bilateral relationship is party to party cooperation. In some areas the two sides have gradually built confidence in long-term cooperation, creating conditions to further strengthening cooperation between the two countries in all aspects. 

The following areas are considered highlights of the bilateral cooperation.

   (i) Economic and trade cooperation has become the core, the foundation and the impetus for the relationship. Bilateral trade turnover of about $400 million in 1995 has turned into more than $36 billion in 2014; an increase of nearly 90-fold in 20 years. The US has become Vietnam’s largest export market, (standing at more than $30 billion in 2014), with Vietnam continuously recording a trade surplus. Regarding investment, the US is currently the seventh-largest foreign investor in Vietnam, with approximately 700 projects at a total investment value of nearly $11 billion. Notably, the two sides are negotiating with ten other countries over the Trans-Pacifi