(Bloomberg) -- President Joe Biden celebrated “a new era of relations” with Vietnam as he met with the country’s Communist Party’s General Secretary To Lam...
-- President Joe Biden celebrated “a new era of relations” with Vietnam as he met with the country’s Communist Party ’s General Secretary To Lam amid US efforts to counter Chinese economic and security influence across Asia.Waiting for the Miracle of Church-to-Housing Development
The relationship “is truly a model in international relations for efforts to heal and build post-war relations,” Lam said in his meeting with Biden, according to a posting on the website of Vietnam government. At the same time, the August rejection of Vietnam’s request to be classified as a market economy by the Biden administration was a setback for the country’s efforts to boost exports to its most important market — and could threaten US efforts to woo countries away from China. The Vietnam leader has told US investors he expects the market economy designation soon.
The party chief has held meetings with executives from corporate behemoths such as Boeing Co. and Meta Platforms Inc., imploring them to step up investment in Vietnam. Trong’s death, and a political shakeup tied to the anti-graft campaign that has ensnared top government leaders, has rattled some investors and slowed government decision-making for business-related activities.
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