Bilateral relations between Vietnam and the U.S. have grown quickly in recent years, particularly in the field of trade and investment, experts said Monday at a conference to mark the 20th anniversary of the normalization of the two countries’ diplomatic ties.
Merchandise exports from Vietnam to the United States have helped the poor in the Southeast Asian country very much because the process of making those goods used local laborers and created jobs, said Dr. Cu Chi Loi, director of the Institute of American Studies under the Vietnam Academy of Social Sciences.
Dr. Loi also called for the U.S. to recognize Vietnam's market economy status at the discussion session on "Economic Relations: Existing Situation and Future Direction,” a part of the "Vietnam-U.S. Relationship: For 20 More Successful Years" conference in Hanoi.