HCM City celebrates 20th Anniversary of U.S.-Vietnam Relationship normalization

A ceremony celebrating the 20th anniversary of normalization of U.S.-Vietnam Relations (July 12, 1995) and the Independence Day of the United States (July 4) was held by the People’s Committee of Ho Chi Minh City on July 2.

Vice chairman of the HCM City People’s Committee Tat Thanh Cang said that the two countries have seen 159-fold increase in trade turnover over the past 20 years. And the US is among the top 10 biggest investors in Vietnam.

Local authorities of Ho Chi Minh City and San Francisco also signed an agreement to develop projects in the 2005-2007 period, he said.

In addition, San Francisco Investment and Trade Promotion Center opened in the city at the end of 2014, he added.

He affirmed that the Trans-Pacific Partnership (TTP) agreement that will be signed in the coming time and the ASEAN Economic Community (AEC) to be established by the end of 2015 would contribute in strengthening cooperation and relationship between the two countries.

US Consul General in Ho Chi Minh City Rena Bitter believed that the two sides have attained great achievements and been developing a long time of bilateral cooperation.

By Thuy Vu – Translated by Kim Khanh

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