Economy / Vietnam
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Benefits Of Closer US Ties
June 2005 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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A major improvement in trade and investment is the main priority of Vietnamese Prime Minister Phan Van Khai, as he pays a visit to the US this week. The trip is the first by a Vietnamese leader since the end of the war in 1975 and coincides with the 10th anniversary of the normalisation of diplomatic ties, which were frozen after the collapse of South Vietnam 30 years ago. Although a degree of mutual distrust lingers, US-Vietnamese trade has surged from US$450mn in 1995 to US$6.4bn in 2004, with the US having emerged as a key trading partner for the