Vietnam's exports to the U.S. are growing fast.
It also runs an overall current account surplus. If it has resumed purchasing dollars in the foreign exchange market to keep its currency from appreciating, it may soon be a test case for Trump's policy toward countries that intervene to maintain an undervalued currency.
By adopting tougher regional strategic and economic measures with Vietnam, the Donald J. Trump administration could further convince Southeast Asian states to embrace the Free and Open Indo-Pacific concept.
Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post was compiled with support from Rebecca Turkington and Ao Yin.
Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post, covering March 16 to March 26, was compiled with support from Alexandra Bro, Anne Connell, and Rebecca Hughes.
In addition to bolstering strategic ties with the United States, Vietnam is also building a strong strategic relationship with other partners, particularly India, that are skeptical of China’s growing power in the Asia-Pacific.
Fredrik Logevall, the Laurence D. Belfer Professor of International Affairs at the Harvard Kennedy School and Professor of History, joins CFR's James M. Lindsay to examine the lessons of the Vietnam War.