Main Topic: President Joe Biden's upcoming visit to Vietnam to bolster U.S. influence in the region and counter China.
Key Points:
1. President Biden announced his plan to travel to Vietnam soon, which will be seen as a move to strengthen U.S. influence in the region.
2. Biden's visit to Vietnam is part of his efforts to counter the influence of China and Russia in Southeast Asia.
3. The trip was mentioned by Biden during a fundraiser in New Mexico and follows his recent foreign trips to Europe.
President Joe Biden is traveling to the G-20 summit in New Delhi and then to Vietnam to strengthen ties with developing countries and counter China's influence, while also facing challenges from autocratic leaders attending the event.
Prime Minister Narendra Modi and US President Joe Biden discussed ways to deepen and diversify their partnership, including defense, nuclear energy, and emerging technologies, during a private dinner at the G20 Summit, expressing confidence in advancing shared goals of sustainable development and multilateral cooperation.
Vietnamese businesses are hopeful that President Joe Biden's visit to Vietnam will lead to increased exports, lower tariffs, and the approval of more agricultural imports, particularly passion fruit, which could result in significant growth for companies like Vina T&T. Additionally, the visit is expected to strengthen trade relations between the two countries, with Vietnam becoming a major market for the U.S. and attracting investments from American businesses.
President Joe Biden has reiterated during his visits to India and Vietnam that his goal is not to "contain" China, but rather to strengthen relationships and ensure China plays by the rules of the international order.
President Joe Biden ended a press conference in Vietnam after the G20 summit, stating that he needed to go to bed, but not before confirming discussions with Chinese Premier Li Qiang about stability and ensuring access and denying that the partnership with Vietnam is intended to isolate China.
Top executives from U.S. and Vietnamese companies in the semiconductor, tech, and aviation sectors are meeting in Hanoi to establish business partnerships and unveil new deals in AI, as part of President Joe Biden's visit to Vietnam.
President Joe Biden is seeking to counter China's influence in the developing world through high-profile meetings during his trip to India and Vietnam, emphasizing that the US is a trustworthy partner without wanting a new Cold War, but signs of geopolitical fractures remained evident.
President Joe Biden concluded his visit to Vietnam by focusing on new business deals and partnerships, paying tribute to Sen. John McCain, and addressing shared concerns about China's assertiveness in the Pacific.
The United States and Vietnam have entered into business deals and partnerships worth billions of dollars to advance cooperation in AI technologies and other critical sectors, marking an "upgrading" of their relationship and a focus on building a resilient semiconductor supply chain.
China and Zambia have upgraded their relationship to a comprehensive strategic cooperative partnership, signaling China's growing role and ambitions to be a global leader, as it forges deeper ties with the Global South.
The United States needs to cultivate strategic relationships with Vietnam, India, the Philippines, and Saudi Arabia, known as the VIPS, in order to counterbalance the growing influence of the BRICS (Brazil, Russia, India, China, and South Africa) and navigate the challenges of a changing global landscape.