The upcoming Vietnam visit by U.S. President Joe Biden is a special event which shows that the U.S. attaches great importance to Vietnam's political institutions, the role of the Communist Party of Vietnam (CPV) and its General Secretary Nguyen Phu Trong, and Vietnamese leaders, Deputy Minister of Foreign Affairs Ha Kim Ngoc told the press on Friday afternoon.
President Biden will pay a state visit to Vietnam from this Sunday to next Monday.
This will be the first state-level visit to Vietnam by a U.S. President at the invitation of General Secretary of the CPV Nguyen Phu Trong, Ngoc said.
The visit takes place at the time when the two countries celebrate the 10th anniversary of their bilateral comprehensive partnership.
It is also the first time both the President and Vice President of the U.S. have visited this Southeast Asian nation during a single term.
It also marks a significant milestone in the joint efforts of the two countries to fulfill President Ho Chi Minh’s wish expressed in his February 1946 letter to U.S. President Harry Truman for Vietnam to have full cooperation with the U.S., the Vietnamese diplomat said.
Ngoc added that the visit will continue a tradition by which U.S. Presidents have visited Vietnam in nearly 30 years since the two nations established their diplomatic ties in 1995.
The visit shows that both sides attach importance to each other’s foreign policies and their policies toward the Asia-Pacific and the Indian Ocean, the Vietnamese diplomat stressed.
Their bilateral trade has significantly advanced over the past three decades, surging from US$450 million in 1995 to $123 billion last year.
Vietnam has become the seventh-largest trade partner of the U.S. globally and the latter’s biggest trade partner in ASEAN.
Since last year, the U.S. has become the largest buyer of Vietnamese products, with a total value of $100 billion.
Besides, the U.S. has remained among the top investors in Vietnam, pouring more than $11 billion into this Southeast Asian nation as of 2022, excluding investments through U.S. company branches from third countries, Ngoc said.
He added that Vietnamese businesses have invested billions of U.S. dollars in the U.S., helping provide employment to thousands of American people.
Deputy Minister Ngoc remarked that economic, trade and investment cooperation will remain a high priority, a cornerstone and a driving force in the Vietnam - U.S. relationship.
The two countries will focus on cooperation in the fields of supply chains, infrastructure development, high-quality human resources training, energy transition, digital economy, green economy, and manufacturing industry.
Both sides are expected to pay much heed to cooperation in science-technology and innovation.
The two nations will focus on developing digital technology platforms, a semiconductor ecosystem, applying artificial intelligence, technologies for energy transition, biotechnology, and enhancing the healthcare and pharmaceutical sectors.
They will continue to make joint efforts to overcome war consequences, strengthen collaboration at international and regional forums such as ASEAN, APEC, and the UN, as well as cope with global challenges such as climate change, energy, food, water, and health security.