PM Nguyen Xuan Phuc visits the Permanent Vietnam Mission to the UN. An
article published on Bloomberg.com on May 29 said that PM Phuc is set to
convince President Donald Trump to advance trade ties that blossomed under
the Obama administration.
In an
interview granted to Bloomberg Television, the PM said he plans to highlight
all of the American jobs that Vietnam is currently supporting through the
imports of American goods like airplanes, engine turbines and maize. The PM
hopes that the promise of American jobs will help to persuade the host to
focus more on the strategic benefits of closer trade and security ties.
"The
Trump administration is very interested in advancing the relationship with
Vietnam because it sees the strategic role Vietnam plays in Asia,” he said.
In recent
years, Vietnam and the US have also found common ground on issues regarding
regional security.
The same
day, the Asia Sentinel ran an article by former US diplomat David Brown,
saying that during the Obama years, Washington and Hanoi forged a strategic
entente – unofficial, of course, but increasingly real, and Barack Obama’s
visit to Vietnam last May was therefore a triumph.
Brown
wrote that the US and Vietnam might come to an agreement developing a
bilateral trade pact that would entail many Trans-Pacific Partnership-like
trade reforms. To the extent that this is true (official confirmation is
lacking on both sides), jump-starting bilateral trade talks will be at the
top of PM Phuc’s agenda when he visits Washington this week.
Commenting
on the visit, Dr. Jonathan D. London, a leading scholar of contemporary
Vietnam and the global economy-politics at the Netherlands’s Leiden
University underlined the great importance of the visit, saying that a great
deal has changed in Vietnam and in its relations with the US, particularly in
the two decades since the governments of the two countries normalised ties,
and especially over the course of the last several years. The two countries
have come to view each other as indispensable strategic partners, especially
in trade and security matters. Therefore, the visit not only portends the
development of US-Vietnam bilateral relations and the future prospects of
Vietnam’s development, but the White House’s intentions with respect to East
Asia.
Meanwhile,
on May 29, the Washington Times daily ran an article entitled "Vietnam’s
Prime Minister White House visit offers US opportunity to define Asia
policy”.
Reviewing
bilateral ties over the past two decades, the article reveals that trade
between the two nations has nearly tripled in the last seven years, and now
tops 52 billion USD. The US exports to Vietnam increased by 43.2 percent in
2016, the largest increase among America’s top 30 trade partners and the only
one with double-digit growth.
In
conclusion, the article suggested that the US take the steps required to
recognise Vietnam’s market economy status, ensure maritime security and
safety with increased joint naval exercises and increase educational links
between American universities and Vietnamese higher education institutions.
It also
recommended cooperation in the field of scientific research on regional and
global climate change issues, especially in the Lower Mekong Delta while
addressing the impact of Agent Orange and the removal of unexploded ordnance
in Vietnam.
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