Vietnam was the United States’ 13th-largest trading partner last year, with bilateral trade increasing by more than 30%. Pictured: Vietnamese Prime Minister Nguyen Xuan Phuc addresses an Aug. 6 videoconference on the European Union-Vietnam Free Trade Agreement in Hanoi. (Photo: Nhac Nguyen/Agence France-Presse/Getty Images)
Anthony B. Kim researches international economic issues at The Heritage Foundation, with a strong focus on economic freedom. Kim is the research manager of the Index of Economic Freedom, the flagship product of the Heritage Foundation in partnership with The Wall Street Journal. Read his research.
This year marks the 25th anniversary of the United States and Vietnam reestablishing diplomatic relations.
Over the past 25 years—particularly since Vietnam’s accession to the World Trade Organization in December 2016, when the U.S. granted its former foe permanent normal trade relations status—U.S.-Vietnam economic and trade relations have expanded rapidly.Tiếp tục đọc “As Growing Trade Partner, Vietnam Improves Economic Freedom”