Economy, a priority in relations between Vietnam and the United States

Bilateral relations between Vietnam and the United States Important In the hope of “putting aside the past, bridging differences, building commonalities, and looking to the future.”

Both sides have expressed their willingness to follow the mantra proposed by General Secretary of the Communist Party of Vietnam Nguyễn Phú Trọng. The partners have taken opportunities to strengthen ties through visits and exchanges at different levels, which clearly shows that they have chosen to leave the past behind and develop mutual trust.

Two months ago, on September 11, 2023, during President Joe Biden’s visit to Hanoi, Vietnam and the US. They raised “Comprehensive Strategic Partnership for Peace, Cooperation and Sustainable Development” bilateral relations. President Vo Van Duong said, “A truly new side in the relationship between our two countries is a durable and stable long-term structure that opens up enough space for the development of relations between us in the coming decades.”

President Vo Van Tuong was in San Francisco, USA to attend the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week from November 14 to 17, 2023. APEC Leaders’ Week 2023 is particularly significant as it celebrates its 30th anniversary. Creation. Its theme was “Building a resilient and sustainable future for all”, and it focused on evaluating the results of APEC cooperation over the past three decades.

Vietnam After becoming a member of the Association of Southeast Asian Nations (ASEAN) in 1995, it joined APEC in 1998 and the Asia-European Cooperation Forum (ASEM) in 1996. In the 25 years since joining APEC, Vietnam has actively participated in many initiatives. and activities. Among them, Hanoi’s contribution Hanoi Action Plan 2006 to achieve Bokor goals of trade and investment facilitation, and in 2017 Your initiative The creation of a post-2020 APEC vision and the establishment of the “APEC Vision Committee, which led the forum to adopt a joint statement on Putrajaya Vision 2040” were lauded.

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President Vo Van Tuong’s visit was aimed at coordinating the “foreign relations activities of the Vietnamese party and state leaders in 2023”, as well as “promoting regional economic cooperation and bilateral partnership for development with the world’s leading economies” for stability and prosperity. In this context, the President held working sessions with representatives of the Indo-Pacific Economic Framework for Prosperity (IPEF) partner countries, the US-APEC Business Alliance and spoke to the APEC Business Advisory Committee (ABAC).

It was also an opportunity for President Vo Van Tuong He will give a speech In roundtables between Vietnamese and American companies related to the space and information technology sector, namely Boeing and Apple. The President made the presentation to the Council on Foreign Relations (CFR), a public policy think tank on Vietnam’s foreign policy and Vietnam-US relations.

Two months ago, on September 11, 2023, during President Joe Biden’s visit to Hanoi, Vietnam and the US. They raised “Comprehensive Strategic Partnership for Peace, Cooperation and Sustainable Development” bilateral relations

The renewed vigor of relations between Vietnam and the United States has prompted commitments to security and defense, albeit at a lower level, considering these issues vulnerable. In September this year, the Vietnam-US Defense Policy Dialogue (DPD) was held, the highest forum for advancing bilateral defense cooperation. He remembered “Improve Vietnam’s capabilities in many domains” and “continue to work at other important war legacy sites.” The two sides agreed to “enhance cooperation in defense industry and trade, maritime security, information exchange, cyber security, humanitarian work and other areas of common interest.”

The France-India strategic partnership is strong and enduring

It is significant “Reading” Issues related to China and the South China Sea are not mentioned in the Vietnam-US Security Policy Dialogue published by the US Department of Defense. There is no mention of the Indo-Pacific. Apparently, these problems were not discovered during the recent visit of General Charles Flynn US Army Pacific Command (USARPAC) to Hanoi on November 13; However they agreed to “cooperate in several areas such as exchange of representatives, training of personnel and participation in events organized by both sides”.

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Hanoi has avoided raising/discussing South China Sea security issues with the US despite a deadly standoff between the two neighbors over the Paracel Islands. China unilaterally claims large expanses of the South China Sea bounded by the Nine Peaks Line. It is being reclaimed and built on the islands (airstrips, jetties, fuel depots and logistics depots) and can now support military operations in the region. This led other claimants (Brunei, Malaysia, Philippines, Vietnam and Taiwan) to take similar measures.

Chinese maritime militias have threatened Vietnamese fishermen, and the Chinese Navy and Coast Guard have tried to block Vietnam’s legal action in its EEZ. However, Hanoi has chosen diplomacy and dialogue to express its frustration with China. However, Hanoi joined other claimants in calling the “New Regulation” map released on August 28 by China’s Ministry of Natural Resources illegal.

With previous draft codes languishing for more than two decades, it remains to be seen whether Hanoi will accept the Philippines’ proposal to discuss an independent code of conduct among other claimants.

Article republished within the framework of an agreement with Thras (Defense Research and Studies) for sharing content. Link to original article:https://dras.in/economics-on-priority-for-vietnam-us-relations/


Dr. Vijay Sakuja was the Director of the National Maritime Foundation in New Delhi, Co-Founder and Trustee of the Peninsula Foundation, Distinguished Fellow of the Center for Public Policy Research, and Visiting Senior Fellow of the Cambodian Institute for Cooperation and Peace. He is an Associate Professor at the School of Ocean and Aeronautical and Space Studies and Rashtriya Raksha University. He is associated with the Kalinga International Foundation and the Indian Council of World Affairs. Dr. Sakuja has been a faculty member at the Singapore Institute of Southeast Asian Studies, Gujarat National Law University and Director (Research) of India Council on World Affairs, IDSA, ORF, USI and CAPS. A former Indian Navy officer, Sakuja specializes in Indo-Pacific affairs, 4th Industrial Revolution technologies, Arctic issues and blue economy. He has published more than 40 books, edited volumes and monographs.

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