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☆ China, Airbus among potential losers from boosted US-Vietnam ties
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +5 min

U.S. President Joe Biden attends a meeting with Vietnam's Communist Party General Secretary Nguyen Phu Trong, at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam, September 10, 2023. But Washington's elevation to the same tier as Beijing in Vietnam's ranking will inevitably have an impact on China. The White House had no new arms deals to announce, but the new ties may facilitate future supplies from the U.S. or its partners. That would inevitably reduce Vietnam's reliance on Russian gear, although Hanoi is currently negotiating a new possible arms deal with Moscow. "We do not have any comment on a decision that does not involve Airbus," an Airbus spokesperson said.

Persons: Joe Biden, Nguyen Phu Trong, Evelyn Hockstein, Mao Ning, Joe Biden's, Biden, Carolyn Nash, Fluence, Germany's, Francesco Guarascio, Tim Hepher, Jamie Freed Organizations: Vietnam's Communist Party General, Communist Party of, REUTERS, Washington, White, AIRBUS, U.S, planemaker Boeing, Vietnam Airlines, Airbus, Boeing, Amnesty International, Vietnam, Communist Party, Human Rights Watch, INDIA Washington, Nvidia, Microsoft, AES, SIEMENS, AMI, Honeywell, Nasdaq, Germany's Siemens, Siemens, Thomson Locations: Communist Party of Vietnam, Hanoi, Vietnam, United States, Washington, CHINA Vietnam, Beijing, China, Vietnam's, RUSSIA Vietnam, Russia, U.S, Moscow, Hanoi , U.S, Asia, MALAYSIA, INDIA, Malaysia, India, Paris

U.S. President Joe Biden attends a meeting with Vietnam's Communist Party General Secretary Nguyen Phu Trong, at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam, September 10, 2023. Deals unveiled by the White House during the trip include Vietnam Airlines' purchase of 50 Boeing 737 Max jets, in an agreement that it said was worth $7.8 billion, in line with an earlier Reuters report. The White House also announced plans by Microsoft (MSFT.O) to make a "generative AI-based solution tailored for Vietnam and emerging markets." The White House also highlighted the number of chip-related investments by U.S. firms in Vietnam, including plans by Marvell and Synopsys (SNPS.O) to build chip design centres in the country. U.S. State Secretary Antony Blinken and Vietnam's investment minister Nguyen Chi Dung chaired the meeting, which was followed by discussions with Biden and Vietnam's Prime Minister Pham Minh Chinh.

Persons: Joe Biden, Nguyen Phu Trong, Evelyn Hockstein, Joe Biden's, MoMo, Biden, Vietnam's FPT, Antony Blinken, Nguyen Chi Dung, Pham Minh Chinh, Dung, Phuong Nyugen, Nandita Bose, Francesco Guarascio @fraguarascio, Edwina Gibbs Organizations: Vietnam's Communist Party General, Communist Party of, REUTERS, Rights, Google, Intel, Marvell, Boeing, Innovation, Investment, Nasdaq, Vietnam Airlines, White, Max, Microsoft, Nvidia, Intel's, Honeywell, State, Vietnam's, Thomson Locations: Communist Party of Vietnam, Hanoi, Vietnam, Rights HANOI, chipmaking, Washington, China, Taiwan, U.S, United States

U.S. President Joe Biden attends a meeting with Vietnam's Communist Party General Secretary Nguyen Phu Trong, at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam, September 10, 2023. Senior executives from Google (GOOGL.O), Intel (INTC.O), Amkor (AMKR.O), Marvell (MRVL.O), GlobalFoundries (GFS.O) and Boeing (BA.N) are attending the Vietnam-U.S. Newly unveiled deals by the White House include plans by Microsoft (MSFT.O) to make a "generative AI-based solution tailored for Vietnam and emerging markets." The White House also highlighted the number of chip-related investments by U.S. firms in Vietnam, including plans by Marvell and Synopsys (SNPS.O) to build chip design centres in the country. Vietnam Airlines will also purchase 50 Boeing 737 Max jets, the White House said, in an agreement that a source told Reuters was valued at about $7.5 billion.

Persons: Joe Biden, Nguyen Phu Trong, Evelyn Hockstein, Joe Biden's, MoMo, Antony Blinken, Nguyen Chi Dzung, Biden, Pham Minh Chinh, Vietnam's FPT, Phuong Nyugen, Francesco Guarascio @fraguarascio, Edwina Gibbs Organizations: Vietnam's Communist Party General, Communist Party of, REUTERS, Rights, Google, Intel, Marvell, Boeing, Innovation, Investment, Nasdaq, Vietnam Airlines, State, Vietnam's, White, Microsoft, Nvidia, Intel's, Max, Reuters, Honeywell, Thomson Locations: Communist Party of Vietnam, Hanoi, Vietnam, Rights HANOI, U.S, chipmaking, Washington, China, Taiwan . U.S

☆ Nearly five decades after the fall of Saigon, U.S. will help Vietnam boost its military capabilities
▼ + stars: | 2023-09-11 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

"The United States is committed to continuing to assist Vietnam to develop its self-reliant defense capabilities in accordance with the needs of Vietnam and established mechanism.". Biden said the move represented how much relations have moved on from the "bitter past" of the Vietnam War. "We can trace a 50-year arc of progress between our nations, from conflict to normalization, to this new elevated status," Biden said Sunday. "Vietnam and the United States are critical partners at what I would argue is a very critical time," Biden said. "We think too much in Cold War terms," Biden said.

Persons: Joe Biden, Nguyễn Phú, Biden, I'm, We're, Air Force Frank Kendall, Kendall Organizations: China, Group, Pentagon, ., Air Force, Air and Space Forces Association Locations: Saigon, United States, China, Vietnam, Hanoi , Vietnam, New Delhi, India, Hanoi

He'll also visit a Hanoi memorial honoring his late friend and colleague Sen. John McCain, who was held for more than five years as a prisoner during the Vietnam War . Biden met with Prime Minister Phạm Minh Chính, who also accompanied Biden to a quick drop by at a meeting of business leaders. Biden said the shift demonstrated how far bilateral relations had evolved from the “bitter past” of the Vietnam War. The North Vietnamese wanted to make a show of releasing McCain early as his father assumed command over the Pacific. Despite his experience in Vietnam, McCain was a strong advocate of restoring diplomatic relations with the country that had so badly mistreated him.

Persons: Joe Biden, He'll, Sen, John McCain, Biden, Phạm Minh Chính, Võ Văn Thưởng, Biden's, Nguyễn Phú Trong, Trong, Sidney McCain, McCain, McCain’s, ”, “, Democrat Barack Obama, John Kerry, Obama, ” Biden Organizations: U.S, White, Vietnam Airlines, Communist Party of Vietnam, cellmates, Navy, Senate, Republican, Democrat, Democratic, Joint Base Elmendorf Locations: HANOI, Vietnam, Hanoi, U.S, Arizona, Bac Ninh Province, China, Philippines, Malaysia, Brunei, Beijing, Asia, Hanoi , North Vietnam, American, Washington, Richardson, Anchorage , Alaska, New York, Washington and Pennsylvania

The United States imported nearly $127.5 billion in goods from Vietnam in 2022, compared with $101.9 billion in 2021 and $79.6 billion in 2020, according to US government data. The United States needs a trusted partner for its supply of chips, and Vietnam can do just that, Osius said. But that compares favorably with a global growth forecast of 3%, and is noticeably faster many of the world’s major economies, such as the United States, China and the eurozone. Politically, Vietnam shares many similarities to China in that it is an authoritarian one-party state that tolerates little dissent. Vietnam is an obvious choice, because it’s a cheap alternative to manufacturing in China, said García-Herrero.

Persons: Joe Biden, ”, Donald Trump’s, Nguyen Phu Trong, Biden, Antony Blinken, Evan Vucci, ” Ted Osius, Janet Yellen, Michael Every, Alicia García, Osius, chipmaker, Ho, “ We’re, Natixis, ” Osius, “, — CNN’s Kyle Feldscher, Jeremy Diamond, Kevin Liptak Organizations: Hong Kong CNN, America, Apple, Intel, House, Communist Party of, ASEAN Business Council, CNN, United, Atlantic Council, Rabobank, White House, United State, Monetary Fund, “, Netflix, Boeing Locations: Hong Kong, Vietnam, Washington, Hanoi, China, Asia, India, Communist Party of Vietnam, United States, Hanoi Nguyen Huy Kham, United, Beijing, The California, Ho Chi Minh City, Asia underwhelms

Hanoi, Vietnam CNN —President Joe Biden will arrive at Chinese leader Xi Jinping’s doorstep on Sunday with a deal in hand to draw yet another one of China’s neighbors closer to the United States. “It’s not going to be easy for Vietnam, because they’re under enormous pressure from China,” the official went on. In Vietnam, it’s not only China whose influence Biden is competing with. On Monday, Biden plans to announce steps to help Vietnam diversify away from an over-reliance on Russian arms, a senior administration official said. “I think that’s a deliberate design by the Biden administration,” said Yun Sun, the China program director at the Stimson Center.

Persons: Joe Biden, Xi Jinping’s, Biden, ”, It’s, playbook, Xi Jinping, Evelyn Hockstein, ” Biden, Modi, Xi, States ’, it’s, ratchets, aggressions, Didier Marti, “ We’re, “, Biden’s, Mao Ning, Vietnam’s, Antony J, Blinken, Trung, Patricia Kim, Le Hoai, Jake Sullivan, Sullivan, ” –, General Secreatary Nguyen, Trong, Yun Sun, ’ Organizations: Vietnam CNN, White House, Korean, Getty, Saturday, Communist Party, Xinhua, China’s, Monday, Communist Party of Vietnam's, Department of State . US Department of State, Biden, Brookings Institution, Communist, NATO, Wing, Stimson Locations: Hanoi, Vietnam, United States, Philippines, China, Beijing, New Delhi, AFP, Asia, States, Russia, Moscow, India, Brazil, South Africa, –, That’s, South China, Washington, South Korea, Helsinki, Japan, Korea, Australia, United Kingdom

☆ 5 takeaways from Joe Biden’s trip to the G20 and Vietnam
▼ + stars: | 2023-09-10 | by ( Kevin Liptak | ) edition.cnn.com time to read: +13 min

New Delhi CNN —President Joe Biden is nearing the end of a whirlwind trip to India and Vietnam for a series of high-profile meetings aimed at countering China’s influence in the developing world. That’s what this trip is all about, having India cooperate much more with United States, be closer to the United States, Vietnam being closer with the United States. “I think we have an enormous opportunity,” he said, adding: “Vietnam and the United States are critical partners at what I would argue is a very critical time. Here are five takeaways from the president’s trip to New Delhi and Hanoi. Biden tries to pull Vietnam closer to USBiden’s trip to Hanoi was his latest attempt to pull another one of China’s neighbors closer to the United States.

Persons: Joe Biden, Biden, ” Biden, “, It’s, Nguyễn Phú, ”, I’m, ” “ I’m, Biden’s, Narendra Modi, Jake Sullivan, ” Sullivan, Oleg Nikolenko, Xi, Vladimir Putin, Xi Jinping, they’re, Kurt Campbell, Modi, – Biden, Campbell, it’s, ratchets, aggressions, Vietnam’s, Karine Jean, Pierre, Jean, Li Qiang, presser Organizations: New, New Delhi CNN, Communist Party of Vietnam, Sunday, Diplomats, Indian, Foreign, Facebook, “, United, United Arab Emirates, World Bank, White, White House, Korean, Communist, Communist Party, Biden, CNN Locations: New Delhi, India, Vietnam, Hanoi, Asia, Beijing, China, United States, Ukraine, ” Russia, Russia, Ukrainian, East, Europe, United Kingdom, Japan, United Arab, Bali, Philippines, South China

President Biden cemented a new strategic relationship with Vietnam on Sunday, bringing two historical foes closer than they have ever been and putting the ghosts of the past behind them out of shared worry over China’s mounting ambitions in the region. During a landmark visit to Hanoi by the American president, Vietnam’s Communist Party leadership formally raised the country’s ties to the United States to the highest level in Hanoi’s diplomatic hierarchy, equivalent to those it has with Russia and China. Mr. Biden said the breakthrough was “the beginning of even a greater era of cooperation” a half-century after American troops withdrew. “Today, we can trace a 50-year arc of progress in the relationship between our nations, from conflict to normalization,” Mr. Biden said at a news conference after a meeting with Nguyen Phu Trong, the general secretary of the Communist Party of Vietnam. In recent months, he has expanded cooperation with Australia, India and the Philippines and brought the leaders of Japan and South Korea together at Camp David to seal a three-way alliance that has eluded Washington in the past.

Persons: Biden, Mr, Nguyen Phu Trong, Trong, David Organizations: Vietnam’s Communist Party, “, Communist Party of Vietnam, Washington Locations: Vietnam, Hanoi, United States, Russia, China, Beijing, Australia, India, Philippines, Japan, South Korea

☆ Biden in Vietnam Biden Visits Hanoi on Mission to Forge Deeper Ties
▼ + stars: | 2023-09-10 | by ( Katie Rogers | Peter Baker | ) www.nytimes.com time to read: +3 min

Mr. Biden’s trip to Hanoi, which includes a news conference scheduled for Sunday, is centered on signing a “comprehensive strategic partnership” with the Vietnamese, a symbolic but significant status long coveted by the United States. Since taking office, Mr. Biden has sought to enhance relations with several Southeast Asian nations because of their tactical value as a bulwark against rising Chinese aggression in the Indo-Pacific region. Secretary of State Antony J. Blinken accompanied Mr. Biden to the presidential palace, where honor guards marched to martial music before the meeting with Mr. Trong began. Earlier on Sunday, Mr. Biden concluded an eventful trip to New Delhi by joining the Group of 20 leaders at the memorial of Mohandas Karamchand Gandhi, the champion of nonviolent struggle. The G20 summit managed to produce a surprise consensus declaration before the end of its first day.

Persons: Biden, Jon, ”, Nguyen Phu Trong, Antony J, Blinken, Mr, Trong, Narendra Modi, Mohandas Karamchand Gandhi, Lee Wee Organizations: Air Force, U.S ., Communist Party of Vietnam, Group Locations: Vietnam, Russia, Hanoi, United States, New Delhi, U.S, China, India, Ukraine

Other countries that Vietnam has extended this designation to include China and Russia. Giving the U.S. the same status suggests that Vietnam wants to hedge its friendships as U.S. and European companies are looking for alternatives to Chinese factories. “We find ourselves in a situation where all of these changes around the world are taking place,” Biden explained about the Vietnam trip last month. "We have an opportunity, if we’re smart, to change the dynamic.”Political Cartoons View All 1148 ImagesU.S. trade with Vietnam has already accelerated since 2019. “I’ve gotten a call from the head of Vietnam, desperately wants to meet me when I go to the G20,” Biden said.

Persons: Joe Biden, Biden, they’re, Xi, ” Biden, Gina Raimondo, Raimondo, ” Raimondo, IPEF, Jake Sullivan, Lê Hoài Trung, Trung, Sullivan, Nguyễn Phú Trọng, I’ve, “, Gregory Poling, ” Poling, Poling, ” Organizations: DELHI, United, U.S, Group, Census, Peterson Institute of International Economics, White House, Biden, Communist Party of Vietnam, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies Locations: Vietnam, United States, China, Asia, Russia, Salt Lake City, India, Cambodia, Malaysia, Indonesia, U.S, Washington, Helsinki, Maine, Beijing, “

☆ Vietnam Chases Secret Russian Arms Deal, Even as It Deepens U.S. Ties
▼ + stars: | 2023-09-09 | by ( Hannah Beech | More About Hannah Beech | ) www.nytimes.com time to read: +1 min

When President Biden is greeted by Vietnamese officials in Hanoi on Sunday, he will be celebrating the prospect of adding another friend in Asia to a coalition that his administration hopes will side with American interests rather than China’s and Russia’s. During Mr. Biden’s visit, the two nations will underscore their commitment to “increase peace, prosperity, and stability in the region,” a White House press statement said. Nguyen Phu Trong, the top Vietnamese leader, is expected to confer upon the United States an upgrade of strategic ties. The Biden administration has reciprocated early, glossing over the Communist Party of Vietnam’s intensifying human rights crackdown. Signed by a Vietnamese deputy finance minister, the document notes that Vietnam is negotiating a new arms deal with Russia that would “strengthen strategic trust” at a time when “Russia is being embargoed by Western countries in all aspects.”

Persons: Biden, Biden’s, Phu Trong, glossing Organizations: White, Communist Party of, Finance Locations: Hanoi, Asia, United States, Vietnam, Russia, Siberia

☆ Vietnam arrests Facebook user for attempt to 'overthrow the state'
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +1 min

HANOI, March 17 (Reuters) - Police in Vietnam on Friday arrested a Facebook user who authorities accuse of "attempting to overthrow the state" by sharing content that defamed leaders of the ruling Communist Party, its security ministry said. Despite sweeping economic reform and increasing openness to social change, Vietnam's ruling Communist Party retains tight media censorship and tolerates little criticism, with dozens of people jailed for speaking out against authorities. Nha was also accused by police of joining and recruiting members for the U.S.-based "Provisional National Government of Vietnam", a group listed by the Vietnam as a "terrorist organisation", though not by the United States. The organisation, which could not be reached by Reuters, has previously pledged loyalty to the now defunct state of South Vietnam. Several people have been jailed in Vietnam accused of recruiting for the California-based group.

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