Country: Vietnam
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Indonesia and Vietnam Agree to Upgrade Strategic Ties
Indonesia and Vietnam agreed on Monday to upgrade ties to a comprehensive strategic partnership as the Southeast Asian allies' leaders met in Jakarta to mark 70 years of diplomatic relations. Vietnamese Communist Party general secretary To Lam held talks with President ...
VinFast Ships 2,500 EVs to Indonesia as Chinese Automakers Cement Their Lead
Vietnamese EV manufacturer VinFast is accelerating its presence in Indonesia, a market where Chinese automakers dominate. As VinFast ramps up shipments and prepares for local production, the battle for Indonesia’s booming electric vehicle market intensifies.
WEEK IN REVIEW: China Suspends Beef Imports From Seven Companies in Brazil, Argentina, Uruguay, and Mongolia
China will push its steel sector to lower production output to drive up prices. The National People’s Congress was told that restructuring in the sector would be encouraged. The size of the output cuts was not specified. The move comes as many Global South countries have put duties ...
Vietnam’s 2025 Economic Surge: China’s Dual Role Boosts Growth but Deepens Trade Deficit
Vietnam’s economic story in the first two months of 2025 took an interesting turn, driven largely by deepening ties with China. While the country enjoyed robust export gains and a surge in foreign direct investment (FDI), its trade deficit with ...
China-Laos Railway Fuels Trade and Record Travel Boom in Early 2025 Amid Scrutiny
Since its launch on December 3, 2021, the China-Laos Railway has handled over 48.6 million passenger trips and 54 million tons of goods as of February 2025. The number is seen as strengthening regional trade and economic integration under the Belt and Road Initiative (BRI), amid ...
U.S. Lawmakers Want to Close Back Doors That Chinese Companies Use to Circumvent Tariffs
A bipartisan group of lawmakers in the U.S. Senate is set to introduce new legislation on Monday aimed at cracking down on Chinese companies that shift production to other countries to circumvent tariffs. The bill, if passed, would allow the Commerce Department ...
Phase 3 of the Belt & Road Initiative: Develop New Supply Chains
Princeton University Post-Doctoral Researcher Kyle Chan recently published a fascinating new map of that shows the surge of Chinese manufacturing investment around the world between 2019 and 2024. Unsurprisingly, the map reveals heavy investment in Southeast Asia but relatively little in Africa ...
China Conducts Live-Fire Drills at the Gulf of Tonkin After Vietnam Declares New Maritime Baseline
China’s live-fire exercises in the Gulf of Tonkin come just days after Vietnam reinforced its territorial claims with a new baseline declaration, adding fresh friction to an already tense regional maritime landscape. The drills, which Beijing says will run through ...
Vietnam Slaps Temporary Anti-Dumping Duties on Chinese Steel
Vietnam on Monday announced a temporary anti-dumping duty on hot-rolled coil (HRC) steel imports from China. The Ministry of Industry and Trade announced tariffs ranging from 19.38% to 27.83%, citing the need to protect its domestic steel industry from unfair ...
WEEK IN REVIEW: China Boosts Domestic Mining for EV and Battery Minerals
China dismissed accusations that a PLA Air Force helicopter behaved recklessly when it came within 3 meters of Philippines aircraft over the South China Sea on Tuesday. The Communist Party-run newspaper Global Times said Manila "once again staged a clumsy political show" when it allowed journalists from the ...
Chinese Brands Spark Rebound in SE Asia Smartphone Market
Canalys’ latest research reveals that Southeast Asia’s smartphone market rebounded in 2024, with vendors shipping 96.7 million units – up 11% year on year after two years of decline. OPPO led the market for the first time, capturing an 18% share ...
China’s Sprawling Rail Projects Around Asia
Vietnam approved plans on Wednesday for a multi-billion-dollar railway with China, boosting links between the two communist countries. Around the region, China has been financing railways under its Belt and Road Initiative, which funds infrastructure projects globally, but has come under ...