November 07, 2017 | 21:03 (GMT+7)
US President Trump to pay State visit to Vietnam
US President Donald Trump will pay a State visit to Vietnam from November 11-12, announced the Ministry of Foreign Affairs on November 6.
US President Donald Trump and his spouse Melania Trump started their Asian tour on November 3.
The visit will be made at the invitation of President Tran Dai Quang.
Vietnam and the US established diplomatic ties on July 12, 1995.
Positive strides have been recorded in bilateral relations in all spheres since the countries established a comprehensive partnership in July 2013 on the basis of respecting each other’s territorial integrity, political regime and development path, for the sake of their own interests and for regional peace, stability and development cooperation.
Over the past years, the US has become one of the leading trade partners of Vietnam. Bilateral trade has continually grown by about 20 percent each year. Despite a trade deficit with Vietnam, the US has enjoyed a rapid export growth rate of 77 percent annually, four times higher than the growth of Vietnam’s shipments to the US.
Total US investment in Vietnam has surpassed USD 10 billion.
Source: VNA