Party General Secretary and State President Nguyen Phu Trong and US President Donald Trump witness the signing of an aircraft purchase agreement between Bamboo Airways and Boeing in February 2019 (Photo: VietnamPlus) Hanoi (VNA) – Vietnam and the US recently held a ceremony to unveil the logo of the 25th founding anniversary of their diplomatic ties (July 2020), which also marks 25 years since the normalisation of bilateral diplomatic relations. Twenty-five years ago, trade turnover between the two countries stood at only 450 million USD. Now, the figure surged 133-fold to 60 billion USD, making the US the third largest among more than 100 trade partners of Vietnam. Commenting on the rapidly growing trade relationship, US Assistant Secretary of State for East Asian and Pacific Affairs David Stilwell said: “It is the result of hard work and the vision of many people on both sides who believed in the possibility of peace.” He said the US always prioritises promoting economic, trade and investment links, which hold the focal role and serve as an impetus for strengthening the countries’ comprehensive partnership. “US businesses are investing more and more capital in Vietnam while Vietnamese producers are sending more of their goods to… Read full this story
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