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Sunday, June 16, 2024

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Comprehensive Strategic Partnership

FDI inflow from partnerships

Upgrading its relations with major bilateral and multilateral partners helps Vietnam enhance its global stance and become an attractive destination for foreign direct investment (FDI) Upgrading international relations Vietnam and Australia issued a Joint Statement on elevating their relationship to a comprehensive strategic partnership on March 7, 2024, during the official visit of Prime Minister Pham Minh Chinh to Australia at the invitation of Australian Prime Minister Anthony Albanese. Thus, in less than half a year, Vietnam has established comprehensive strategic partnerships with three major powers, namely the United States, Japan, and Australia. As of now, Vietnam has established comprehensive partnerships with 14 countries, strategic partnerships with 16 countries, but has only upgraded relations to comprehensive strategic partnerships with seven countries, all of which are major powers, including China (2008), Russia (2012), India (2016), South Korea (2022), the United States (2023), Japan (2023), and most recently Australia (2024). Some forecasts suggest that in 2024, Vietnam may upgrade its relationship to a comprehensive strategic partnership with two Southeast Asian countries, Singapore and Indonesia. It is worth noting that all seven countries with which Vietnam has upgraded relations to the highest level have important geopolitical positions in the Asia-Pacific – Indian Ocean […]
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Vietnam, Australia elevate ties to comprehensive strategic partnership

HCMC – Prime Minister Pham Minh Chinh and his Australian counterpart, Anthony Albanese, have jointly announced the upgrade of their countries' relationship to a...

Vietnam, China pledge to deepen comprehensive strategic partnership

Your browser does not support the video tag. Vietnam and China have issued a joint statement which emphasizes the continued deepening of the comprehensive strategic...

Vietnam, Japan upgrade ties to comprehensive strategic partnership

Vietnam and Japan issued a joint statement on November 27 announcing the elevation of their bilateral relationship to a comprehensive strategic partnership for peace and...

Vietnam, Japan upgrade ties to comprehensive strategic partnership

HCMC - Vietnam and Japan today, November 27, issued a joint statement announcing the elevation of their bilateral relationship to a comprehensive strategic partnership...

A new chips powerhouse

The elevation of the Vietnam-U.S. relationship to a comprehensive strategic partnership is expected to open up new cooperation opportunities, especially in science-technology and innovation,...

Time for intellectual property improvement

The joint leaders’ statement on the upgrade of bilateral relations between Vietnam and the United States to a comprehensive strategic partnership, which was announced...

Tapping the U.S. friendshoring strategy

Vietnam and the U.S. have formally elevated their bilateral relationship to a comprehensive strategic partnership (CSP), thus creating a great opportunity for Vietnam to...

What’s next for U.S.-Vietnam comprehensive strategic partnership?

The economic initiatives of this historic partnership agreement are good news for Vietnam’s socio-economic development in the long run. During U.S. President Joe Biden’s visit...

Synopsys to support Vietnam to grow semiconductor industry

 Chip design tools maker Synopsys has signed a memorandum of understanding (MOU) with the Ministry of Information and Communications to advance semiconductor development in...

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