Geopolitical Economy Report

BRICS expands to majority of world population: Vietnam joins, USA fails to divide China & Vietnam

Jul 4, 2025
Vietnam's entry into BRICS marks a significant expansion, now representing nearly 44% of global GDP and over 55% of the world’s population. The U.S. attempts to create division between China and Vietnam have faltered, as Vietnam maintains its non-aligned stance. The podcast delves into the complex history and evolving relationships between these nations, emphasizing Vietnam's strategic positioning in a shifting geopolitical landscape. It also highlights the successes of socialist governance in improving life expectancy and overall public support, contrasting with Western democratic ideals.
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INSIGHT

BRICS Expands Globally

  • BRICS now includes 20 countries, representing 44% of global GDP and 56% of the world population.
  • This growth signals BRICS as a key player in the Global South-led global order shift.
INSIGHT

BRICS as New Non-Aligned Movement

  • BRICS acts as a new non-aligned movement during the second Cold War led by the US against China.
  • Many BRICS members pursue independent paths, resisting US pressure to isolate China.
INSIGHT

US Fails to Divide Vietnam and China

  • The US tries to pivot investments from China to Vietnam to isolate China.
  • Despite this, Vietnam maintains good relations with both the US and China, refusing to join the US-led Cold War against China.
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