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US & Vietnam Become Allies
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The US has picked up yet another ally. With Vietnam giving the United States a Comprehensive Strategic Partnership, which is the highest level of diplomatic ties that they have to offer. The two will pursue strategic cooperation as well as a semiconductor supply chain that’s immune from China. They’ll also trade agricultural products. The U.S. is Vietnam's largest export market and last year it was the fastest growing economy in Asia. Despite our shared past of war, 84% of Vietnamese have a positive view of America with only 6% having a negative view. This shift by Vietnam is just as much about Vietnam’s anxiety over China as it is over a desire to make more money with America. American investors are already increasingly looking to Vietnam because of their large swath of highly educated young people who are extremely entrepreneurial in spirit. But the honeymoon phase might not last long because the US says it’ll continue to press Vietnam on human rights. Last year it said that it was neither “free nor fair.”
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Produced by: Ben Wheeler, Philip DeFranco
Edited by: Ben Wheeler
Art Department: William Crespo
Writing/Research: Ben Wheeler, Philip DeFranco
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#usa #vietnam #america
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