The United States is set to elevate its diplomatic relations with Vietnam to the
top level during President Joe Biden's upcoming visit to Hanoi, a move that
could potentially provoke China's displeasure. Vietnam initially approached this
upgrade with caution due to concerns about China's reaction.
However, intensive efforts by the Biden administration have led to the
expectation that Vietnam will raise the diplomatic ranking of the U.S. to the
same level as China and Russia. While no official statements have been released,
both sides express optimism about this two-step upgrade.
Vietnam's leaders may see this as an opportune moment as relations with China
are anticipated to deteriorate in the
future. Nevertheless, the immediate benefits for Vietnam from this upgrade
remain uncertain, with discussions about increased U.S. military supplies
ongoing and plans to expand its arsenal with other countries.
Additionally, cooperation in sectors like energy and semiconductors may see
growth, potentially benefiting U.S. firms in Vietnam. |