Economist Podcasts The Intelligence: Vietnam’s golden opportunity
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Feb 1, 2024 
Bill Ridges, Digital Editor for The Economist and a football enthusiast, delves into Vietnam's strategic position amid U.S.-China tensions, discussing the nation's unique opportunities for growth. He also addresses the political landscape in Germany, marked by a new leftist political movement. Ridges notably critiques the Video Assistant Referee (VAR) in football, highlighting how it frustrates fans and dampens the thrill of celebrations, suggesting a more selective application could enhance the beautiful game.
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Vietnam's Balancing Act
- Vietnam is strategically positioned between China and America, who are in increasing disagreement.
- This allows Vietnam to cleverly balance relations with both, benefiting from trade with China and defense from America against China's ambitions.
Vietnam's Economic Advantages
- Vietnam's economy is booming thanks to its educated workforce, improving infrastructure, and lower wage costs than China.
- Many companies are moving production from China to Vietnam due to trade barriers and the "China plus one" strategy.
US-Vietnam Relations
- While both countries have communist parties, China's bullying attitude is resented in Vietnam.
- America's friendly approach and support against Chinese expansionism are welcomed by Vietnam.