US, Vietnam upgrade ties as Biden visits in hedge against China

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US, Vietnam upgrade ties as Biden visits in hedge against China
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Hanoi elevated Washington to its highest diplomatic status alongside Beijing and Moscow. Read more at straitstimes.com.

NEW DELHI/HANOI - Vietnam on Sunday elevated its ties with the United States to its highest diplomatic status during a visit to the country by US President Joe Biden.Vietnam has named four other countries in this category – China, Russia, India and South Korea.The US has been pushing for the upgrade for months as it sees the manufacturing dynamo as a key country in its strategy to secure global supply chains from China-related risks.

Vietnam is having to navigate frosty relations between Washington and Beijing as it seeks its own foothold in the international economic competition. One of them, a letter sent in May by Vietnam’s Prime Minister Pham Minh Chinh to the Russian government, showed interest in the possible new deal. The upgrade in diplomatic relations will include a security dimension, Mr Jon Finer, the US principal deputy national security adviser, told reporters on Sunday, while on the plane with Mr Biden to Vietnam from a Group of 20 summit in India.But Mr Finer stressed that the US and its partners could offer Vietnam help to diversify away from Russian military supplies, an offer which he said Vietnam was receptive to.

Highlighting Vietnam’s growing importance as a “friendshoring” destination for US technology companies, executives from companies such as Google, Intel and Boeing are expected to meet on Monday with Vietnamese tech executives and Secretary of State Antony Blinken in Hanoi.Still, semiconductors are the centrepiece of an action plan adopted during Mr Biden’s visit, a US official said.

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