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The Decibel
Why major economies are trying to woo Vietnam
Apr 10, 2024
James Griffiths, The Globe's Asia correspondent, discusses why major economies like Canada, the U.S., and Australia are eager to build ties with Vietnam. They analyze Vietnam's economic growth, strategic relationships with China and the U.S., human rights concerns, and challenges ahead for the country's future development.
18:52
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Quick takeaways
- Vietnam's economic growth and manufacturing sector makes it an attractive alternative to China for global investments.
- Canada's efforts to strengthen ties with Vietnam reflect the growing appeal of the country as a key player in the global economy.
Deep dives
Vietnam-Canada Relations
Vietnam and Canada have recently strengthened their economic ties, with Vietnam becoming an attractive market for Canadian expansion. The comprehensive and progressive agreement of Trans-Pacific Partnership (CPTPP) has facilitated this connection. Canada aims to enhance its relationship with Vietnam, following other Western countries in seeking the benefits of Vietnam's economic growth.
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Discover
highlights
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