President Obama begins official tour to Vietnam

Monday, 23 May 2016
U.S. President Barack Obama arrived in Viet Nam for a three-day official visit beginning on May 23.


President Obama is the third U.S. President to visit Viet Nam since the two countries normalized their relations in 1995, following Bill Clinton in 2000 and George W.Bush in 2006.

U.S. President Obama arrives in Viet Nam - Photo: VNA

The President’s visit to Viet Nam is expected to enhance the Viet Nam-U.S. comprehensive partnership, boost the implementation of high-level agreements reached by the two countries, seek measures and orientations to step up bilateral ties, and discuss regional and international issues of shared concern.

Two-way trade between Viet Nam and the U.S. increased by 24.07%, from US$36.32 billion in 2014 to US$45.06 billion in 2015. Exports from the U.S. to Viet Nam expanded by 23.32% while US imports from Viet Nam rose by 24.21%. 

By the end of 2015, Viet Nam ranked 19th among the top trade partners of the U.S. compared to 26th in 2014. The US is the second largest trade partner of Viet Nam, behind China, and is the largest trade partner of Viet Nam in the Americas region./.

Van Hai (Source: VGP)

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