COUNTRY REPORT VIETNAM

Country Report Vietnam

Introduction

Vietnam's current relationship with United States

After twenty-year of war between these two countries (Vietnam and America), U.S. President Bill Clinton formally announced the normalization of diplomatic relations with and upgraded the Liaison Office Building ambassador based in Hanoi. Currently in 2011, Vietnam embassies are located in Washington D, a court consulate in San Francisco (the state of California) and one in Houston (the state of Texas). This brings us to state that currently the relations between two countries are on a good note. As per year 2011, it can be easily stated that they maintain a friendly as well as a healthy relationship. It seemed that the Vietnam government, who clung to communism even in terms of name, finally has forgotten the bitter struggle against the United States. They now look for reintroduced Vietnam diplomatic relations with the United States, and recover their trade and economic relations. (Spence, 2011)

It has been observed that lately although there are some differences still prevailing between Vietnam and United States, there exists good partnership between the U.S. and Vietnam. This plays an important role in maintaining peace and stability in the region

Currently the foreign Affairs of the United States and Vietnam have become deeper and more diverse especially after the political normalization. The two countries have exchanged as well as expanded political dialogue on human rights and regional security. They signed a bilateral trade agreement in July in 2000 that came into force in December in 2001 and in November, 2007, the United States approved the Regulation on Trade Relations Permanent Normal (PNTR) for Vietnam South. Further in 2011 they have ventured into further more trading programs as well. This shows that the relationship between the United States of America and Vietnam is progressing despite the prevailing resentment in the minds and hearts of people of Vietnam due to their war with America.

First exchanged meeting between the ambassadors of Vietnam and America was witnessed as they opened the U.S. Consulate General in Ho Chi Minh and the Consulate General of Vietnam City of San Francisco in the later years. Theses visit has brought relations between the two countries to new heights in 2010 as observed these two countries have succeeded in building a framework to build a partnership and friendship, along with comprehensive cooperation, and long-term stability. Notably, the two countries have also signed an agreement that formally ending bilateral negotiations between Vietnam and the United States on Vietnam joining the World Trade Organization (WTO). This has recently opened a new period or new stage of economic relations between them. (Gia, 2010)

The United States of America's Congress is now considering regulations for normal trade relations permanent (PNTR) for Vietnam. Since the trade agreement is now into effect, trade relations between the two countries have increased rapidly and is likely to increase more aggressively. Two-way trade turnover in 2009 observed between Vietnam and America reached 9.1 billion, up more than 2 times in 2006 ...