In the span of three months, presidents of both the US and China have visited Hanoi. From the visits, numerous trade and investment deals were signed.
Politically and economically, Vietnam stands to gain from closer ties with the US. As President Biden continues to derisk from China, American businesses are shifting their operations and manufacturing from China to Vietnam. But camaraderie with Washington could jeopardise Hanoi’s relationship with Beijing and Moscow. Why are the superpowers courting Vietnam, and can the Southeast Asian country balance the competing wants of rival titans?
00:00 Introduction
02:45 Significance of VietnamUS comprehensive strategic partnership
07:10 Vietnam and USChina relations
10:21 Evolution of VietnamUS relations
18:35 Why does the US want to upgrade VietnamUS ties?
23:51 State of VietnamChina relations
30:06 Is China concerned about closer VietnamUS relations?
32:51 VietnamRussia relations and the RussiaUkraine war
36:40 Vietnam's neutral stance and its benefits
43:26 What challenges will Vietnam face in balancing relations?
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