[East Asia Forum] The General Secretary of the Communist Party of Vietnam, Nguyen Phu Trong, is currently on an official visit to the United States. Later this year, President Obama is also expected to pay a return visit to Hanoi. The visits are among a series of notable events that mark the 20th anniversary of bilateral normalisation this year.
The development of bilateral ties between the two Cold War enemies over the past 20 years is impressive. The United States is currently Vietnam’s largest export market. In 2014, Vietnam’s US exports amounted to US$28.66 billion, accounting for almost one fifth of the country’s total exports. By 2014, the United States had also become the seventh largest foreign investor in Vietnam, with the stock of registered capital reaching more than US$10 billion. In terms of political and strategic ties, the two established a ‘comprehensive partnership’ in 2013. Continue reading “The geo–politics of Vietnam–US rapprochement”