Strengthening Ties: Vietnam as a Crucial Strategic Partner for the U.S.
Shared Concerns About China
Vietnam's and the U.S.'s mutual interest in denying China the ability to dominate the East Sea is a fundamental geopolitical backdrop. China’s aggressive actions, including building artificial islands and moving large maritime platforms into contested waters, have led to increased tensions. Vietnam opposes this maritime aggression and has clashed with China at sea. Consequently, the U.S. has become increasingly popular in Vietnam, while China is viewed as a threat despite significant trade and tourism ties.
Economic and Diplomatic Initiatives
A comprehensive U.S. strategy should include economic components, such as exploring a new bilateral free-trade agreement or rejoining the Trans-Pacific Partnership. U.S. firms are attracted to Vietnam for its low-cost labor and entry-level markets, with significant opportunities in both Hanoi and Ho Chi Minh City. High-level diplomatic engagement should continue, promoting cooperation on maritime environmental issues crucial for Vietnam.
Personal Reflections and Future Prospects
Stavridis reflects on meeting Kim Phuc, the "napalm girl" from a famous Vietnam War photograph, who now advocates for forgiveness and moving forward. The Vietnamese diaspora in the U.S. sends $8 billion in annual remittances to Vietnam and helps bridge the two nations. This community will be instrumental in deepening U.S.-Vietnam relations, fostering a powerful potential partnership and friendship.
Reference: By James Stavridis @ Bloomberg