Wanted: Communist Party leadership to keep Vietnam in sweet spot amid U.S.-China tensions


Source: metro.us metro.us

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Stitcher Buoyed by the redirection of global trade in its favour because of a U.S.-China row, Vietnam is steadily growing into one of the world’s most important tech manufacturing hubs, as well as a centre for garment-making, in an economy on track to recover faster than most after the coronavirus pandemic. “U.S.-China strategic competition will continue to destabilise the regional geo-strategic and economic environment over the next five years,” said Le Hong Hiep, of the ISEAS–Yusof Ishak Institute in Singapore. “This is a major challenge for Vietnam given that the Vietnamese economy is very open and highly dependent on international...