Lam’s pursuit of closer ties with China reflects his commitment to advancing Vietnam’s socioeconomic development goals without changing foreign policy. Despite US rejection of Vietnam as a market economy, trade relations remain strong.
Vietnam’s “bamboo diplomacy” aims to balance US-China ties, but US-China trade dynamics and Chinese investments in Vietnam shape its approach towards both nations. Vietnam seeks to learn from China for economic growth.
Vietnam acknowledges China’s role in global development, emphasizing cooperation. US engagement with Vietnam underscores efforts to maintain a balance amidst growing Sino-Vietnamese relations.
Azhar Azam is geopolitical analyst with a keen interest in economy, climate change and regional conflicts
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