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Vietnam

Economics

The United States reached a trade deal with Vietnam that will see Washington lower its proposed 46% tariff rate on Vietnamese goods to 20% in exchange for Vietnam cutting tariffs on U.S. goods to zero, U.S. President Donald Trump announced in a July 2 post on Truth Social.

Vietnam, U.S.: Hanoi Avoids 46% Tariffs With Trade Deal, but Lower Rate Still Spells Risk

Politics

Vietnam opened a trial against 41 defendants accused of embezzlement, bribery and abuse of power in a $45 million corruption case tied to infrastructure contracts, Channel News Asia reported on June 24.

Vietnam: Hanoi Tries 41, Including Former State Officials, in $45M Corruption Case

The White House is intensifying pressure on Vietnam to reduce Chinese high-tech content in its manufacturing sector ahead of the United States' July 8 tariff negotiation deadline, with Vietnamese Communist Party General Secretary To Lam penciled in to visit Washington in late June, Reuters reported on June 16.

Vietnam: U.S. Trade Pressure Deepens as Hanoi Becomes BRICS 'Partner'

The United States submitted a lengthy list of "tough" demands to Vietnam in ongoing trade negotiations, including measures that would reduce Hanoi's ability to import industrial inputs from China, Reuters reported on June 3.

Vietnam, U.S.: Hanoi Faces Industrial Realignment Choices Amid Steep U.S. Demands

France

Environment, Science & Technology

Military & Security

Science & Technology

France and Vietnam signed 14 cooperation agreements during French President Emmanuel Macron's state visit in Hanoi, covering defense, satellite technology, transportation, vaccine production and a $10.25 billion Airbus aircraft deal, Bao Chinh Phu reported on May 26. 

France, Vietnam: Countries Deepen Partnership With Defense and Investment Deals

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Saudi Arabia

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Brunei Darussalam

Cambodia

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Laos

Malaysia

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Energy

Malaysia hosted the inaugural Association of Southeast Asian Nations-Gulf Cooperation Council-China trilateral summit in Kuala Lumpur, Malaysia Channel News Asia reported on May 27.

Asia-Pacific, MENA: ASEAN-GCC-China Inaugural Summit Marks Deeper Economic Alignment

China and the Association of Southeast Asian Nations finalized negotiations for version 3.0 of the China-ASEAN Free Trade Area, expanding the deal to cover digital trade, green cooperation and enhanced supply chain integration, Reuters reported May 21.

China, ASEAN: Negotiations Conclude for Upgraded Trade Deal

Thai Prime Minister Paetongtarn Shinawatra and Vietnamese Prime Minister Pham Minh Chinh announced their countries have officially elevated bilateral relations to a comprehensive strategic partnership, marking the highest level of diplomatic ties short of a military alliance, Vietnamese state-run Bao Chinh Phu reported on May 16.

Vietnam, Thailand: Governments Upgrade Ties to Top Tier

Assessments

Vietnam's Foreign Ministry spokesperson Pham Thu Hang answers reporters' questions about the new Vietnam-U.S. trade deal during a press conference in Hanoi on July 3, 2025. 

Global Trade

The deal reduces planned U.S. tariffs on Vietnamese goods from 46% to 20%, but the lack of key details also introduces significant compliance uncertainty and investment risks that could ripple across Asian supply chains. 

The Vietnam-U.S. Trade Deal Reduces Tariffs, but the Devil Is in the Details

Vietnamese lawmakers vote on a merger of provinces and cities at the National Assembly in Hanoi on June 12, 2025.

The reduction in provincial- and commune-level units will initially create bureaucratic headaches, but if implemented effectively, the changes set the stage for leaner administration, fiscal efficiency, reduced corruption and improved investment conditions.

Vietnam's Administrative Overhaul: A New Era of Governance and Investment Conditions

The Geopolitics of Trade

The impending full implementation of sweeping U.S. tariffs threatens to significantly disrupt export-driven ASEAN economies, which is driving countries to seek alternative trade partners.

The Geopolitics of Trade: U.S. Tariffs Give Impetus to ASEAN Trade Diversification

French President Emmanuel Macron holds a press briefing during his trip to Singapore on May 30, 2025. 

U.S.-China Relations

The deals reached with Indonesia, Singapore and Vietnam expand France's role in Southeast Asia amid shifting global trade and defense dynamics, a welcome development for a region increasingly pinned between the U.S. and China.

Macron's Southeast Asia Tour Deepens French Footprint in the Region

Azerbaijan

Belarus

Kazakhstan

Russia

Russian President Vladimir Putin (R) and Vietnamese Communist Party General Secretary To Lam (L) address journalists following their talks in Moscow, Russia, on May 10, 2025, during celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany in World War II. 

Vietnam is strengthening its relationships with Eurasian countries, especially Russia, as it looks to further diversify economic and energy ties away from great powers amid an unstable geopolitical landscape.

Russia-Vietnam Ties Are Set To Grow Following Lam's Eurasia Tour

Ecuador

Iran

Europe

Italy

Chinese President Xi Jinping attends the closing session of the National People's Congress (NPC) in Beijing, China, on March 11, 2025. 

U.S.-Iran Relations

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: Xi Tours Southeast Asia, Iran-U.S. Nuclear Talks Begin

Vietnamese garment workers stitch apparel at a factory in Ho Chi Minh City, Vietnam, on April 3, 2025, after U.S. President Donald Trump unveiled sweeping new tariffs on trading partners.

If the 46% U.S. tariff on Vietnamese goods remains in place, it will quickly destabilize the country's export-reliant economy, creating substantial risks that could compel Hanoi to deepen its reliance on China.

Trump's Tariffs Pose a Structural Threat to Vietnam's Economy

Canada

Mexico

United Kingdom

U.S. President Donald Trump delivers remarks on reciprocal tariffs as U.S. Secretary of Commerce Howard Lutnick holds a chart during an event in the Rose Garden entitled ''Make America Wealthy Again'' at the White House in Washington, D.C., on April 2, 2025. 

Trump's sweeping new tariffs will slow both U.S. and global economic growth, with lower-income Americans and emerging markets like Vietnam being hit hardest.

The U.S. Launches the Largest Trade War in Modern History

Brazil

Israel

Lebanon

Japan

Ukraine

U.S. Secretary of State Marco Rubio (L) and Israeli Prime Minister Benjamin Netanyahu during a joint press conference Feb. 16 at the prime minister's office in Jerusalem. Senior Israeli officials from the security and intelligence ministries will visit the United States to discuss Iran's nuclear program and Israeli border demarcation talks with Lebanon.

Russia-Ukraine Conflict

The Weekly Rundown: The U.S. and Israel Coordinate on Iran, the U.K. Chancellor Seeks Fiscal Discipline

Timor-Leste

The flags of the countries in the Association of Southeast Asian Nations, or ASEAN, are seen on display.

Malaysia's chairmanship will be pivotal in navigating security risks as well as those from U.S. trade restrictions, potential Chinese economic coercion, and supply chain realignments that threaten ASEAN's cohesion and strategic autonomy.

Previewing Malaysia's 2025 ASEAN Chairmanship

Malaysian Prime Minister Anwar Ibrahim and Japanese Prime Minister Shigeru Ishiba hold a joint press conference on Jan. 10, 2025.

Japan is intensifying its diplomatic and security engagement in Southeast Asia through defense, trade and infrastructure agreements to counterbalance China and enhance regional stability.

Ishiba Strengthens Japan's Role in Southeast Asia With Defense and Trade Deals

Columns

On Geopolitics

Asia-Pacific

Australia

South Korea

Taiwan

India

U.S. President Joe Biden gestures to reporters after landing on the South Lawn of the White House on Sept. 22, 2024, in Washington, D.C. 

Trump's more aggressive and transactional approach could deliver quick wins for the U.S.'s position in the region, though it could also strain ties with key partners. 

Trump's Asia-Pacific Approach Will Test Biden's Gains

Vietnam is located on the easternmost edge of the Indochinese Peninsula, with China to the north and Laos and Cambodia to the west. Its more than 2,000 mile-long coastline abuts the Gulf of Tonkin, the South China Sea and the Gulf of Thailand. These seas create both direct access to the wider Pacific Ocean and a critical buffer to Vietnam's long and narrow land territory.    Modern Vietnam consists of two geographic and population cores — the Red River Delta in the north, home to the capital of Hanoi, and the Mekong River Delta in the southern lowlands, where Ho Chi Minh City sits.  These cores are separated by over 1,600 miles and connected by a thin and largely mountainous coastal spine, only around 30 miles wide at its narrowest point.    Despite mountains and jungles, the northern Vietnamese core has a long history of invasion by forces from China. This almost continuous pressure from the north in part forced Vietnam's early rulers to expand the country's boundaries, first southward, to the Mekong River Delta, and then westward, into present day Laos and Cambodia.    Historically and today, the natural geographic separation of Vietnam's northern and southern cores has exacerbated the two regions' social, cultural and political divide — leaving the country vulnerable to invasion by foreign powers, whether Chinese, French or American.    Vietnam’s primary geographic challenge is to secure buffer space both on land and sea. Today, Vietnam's need for space and security in the South China Seas pits it against China, also in the throes of maritime expansion, thus adding a new dimension to Vietnam's longstanding struggle to carve space for itself against its larger northern neighbor.  

SITUATION REPORTS

Vietnam, U.S.: Hanoi Avoids 46% Tariffs With Trade Deal, but Lower Rate Still Spells Risk

Vietnam: Hanoi Tries 41, Including Former State Officials, in $45M Corruption Case

Vietnam: U.S. Trade Pressure Deepens as Hanoi Becomes BRICS 'Partner'

Vietnam, U.S.: Hanoi Faces Industrial Realignment Choices Amid Steep U.S. Demands

France, Vietnam: Countries Deepen Partnership With Defense and Investment Deals

Asia-Pacific, MENA: ASEAN-GCC-China Inaugural Summit Marks Deeper Economic Alignment

China, ASEAN: Negotiations Conclude for Upgraded Trade Deal

Vietnam, Thailand: Governments Upgrade Ties to Top Tier

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