'The removal of the US trade embargo against Vietnam in 1994 opened up an era of economic cooperation, leading to a comprehensive bilateral trade agreement in 2000, normalisation of trade relations in 2006, and Vietnam's ascension to the WTO in January 2007. As a result, US–Vietnam bilateral trade has grown from US$451 million in 1995 to nearly US$35 billion in 2014. US direct investment in Vietnam rose from US$126 million in 2000 to US$1.1 billion in 2013…
Military relations have begun to accelerate since 2009 as the security interests of Vietnam and the US have converged. In 2009, China drew a nine-dashed line claiming 80 per cent of the South China Sea, before placing a huge oil rig within Vietnam's claimed exclusive economic zone in 2014. http://www.eastasiaforum.org/2015/04/16/the-us-and-vietnam-go-from-mutual-menace-to-mates/
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