Remarks at American Chamber of Commerce Reception and Commercial Signings - Vietnam

Link to Full article at the U.S. Department of State

Well, I am delighted to be here with all of you. It’s great being in Hanoi, a pretty cool place, I think – (laughter) – and to be part of this event, which furthers our important relationships. And thank you very much for the award. I am delighted that I had a chance to receive it in front of such a distinguished audience, and I think it is a great reminder of how important it is that we have the public and the private sector working together on behalf of greater prosperity and progress and opportunity for all of us.

I was delighted to visit with Chamber representatives all over the world at our Global Business Conference in Washington this year, and I’d like to thank Hank Tomlinson for your leadership here in Vietnam. I want to thank Fred Burke for your very kind words and the presentation of the award. I want to thank Madam Nga for being here with us and, of course, recognize our excellent Ambassador David Shear, who has a great team working on behalf of American interests and American businesses.

We are very committed to this relationship between the United States and Vietnam, just as we are to the reenergizing of America’s relationship throughout the Asia Pacific. It’s one of the top priorities of the Obama Administration. The United States is, after all, an enduring Pacific power with Pacific interests, and we intend to be a presence in the Pacific region for the foreseeable future.

Now, a lot has been written about the so-called pivot to Asia. But what hasn’t, perhaps, received enough attention is the breadth of our engagement. It’s not just about security, although that is important. As I explained in a speech I delivered in Mongolia yesterday, it’s also about standing up for democracy and human rights, for the rule of law, for economic ties, boosting trade, and as the Secretary of State, advocating for American businesses.

If we look around this room, or you look at the list of companies represented here, there is no doubt that American business is eager to invest more in Asia. Companies are taking advantage of an improving business climate and setting up shop to serve the needs of Asia’s growing middle class. And part of my job, part of our job in government, is to help open doors for you. At the State Department, we have mounted a serious effort to place economics at the center of American foreign policy. We call it economic statecraft, using diplomacy and tools, like the Export-Import Bank, to advance and promote American economic interests and to harness the powers of the market to advance our strategic goals. And we are particularly focused on developing a global economic order that is open, free, transparent, and fair. So we’re working with partners, both new and longstanding, to establish common rules of the road, so to speak, so everyone has an equal opportunity to thrive....