Viet Dung Trinh

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Articles

Why do Southeast Asian countries want to join BRICS?

Dec 28, 2024 | johnmenadue.com | Melissa Tyler |Viet Dung Trinh

In October 2024, four key Southeast Asian countries became partners of BRICS, making the organisation much closer to home for Australians. So why have Thailand, Malaysia, Indonesia, and Vietnam put themselves on a path to membership? What is BRICS? BRICS was established in 2009 by Brazil, Russia, India, China, and South Africa and is viewed as a group of emerging economies that work together to strengthen economic ties and limit the leverage of the US in global financial and trading systems.
Why do Southeast Asian Countries Want to Join BRICS? - Australian Institute of International Affairs

Dec 18, 2024 | internationalaffairs.org.au | Viet Dung Trinh

In October 2024, four key Southeast Asian countries became partners of BRICS, making the organisation much closer to home for Australians. So why have Thailand, Malaysia, Indonesia, and Vietnam put themselves on a path to membership? What is BRICS? BRICS was established in 2009 by Brazil, Russia, India, China, and South Africa and is viewed as a group of emerging economies that work together to strengthen economic ties and limit the leverage of the US in global financial and trading systems.
Viet Dung Trinh Archive | The Strategist

Mar 26, 2024 | aspistrategist.org.au | Viet Dung Trinh

The two countries are so different, but they are following remarkably similar paths. Economically advanced Australia and still-developing Vietnam have both suffered from Chinese economic coercion, and they are adopting same solution—diversification of export markets. …
Same problems, same solutions: Australia and Vietnam react to economic coercion

Mar 26, 2024 | aspistrategist.org.au | Viet Dung Trinh

The two countries are so different, but they are following remarkably similar paths. Economically advanced Australia and still-developing Vietnam have both suffered from Chinese economic coercion, and they are adopting same solution—diversification of export markets. That means they are also trading more with each other. In 2021 and again in 2023, Hanoi and Canberra moved to increase bilateral trade. Further action along the same lines will not be surprising.
Central Asia caught in a geopolitical tug of war

Feb 26, 2024 | eastasiaforum.org | Ken Heydon |Xirui Li |Viet Dung Trinh

Since invading Ukraine, Russia has used a combination of incentives and threats to align Central Asian countries with its interests. Russia has also converged with China as an adamant opponent to Western development cooperation programs that they perceive as masked initiatives aimed at infiltrating Central Asia and steering the region to support Ukraine.
Vietnam Balances Between the Indo-Pacific Powers

Feb 26, 2024 | international.thenewslens.com | Viet Dung Trinh |Huy Hai Do

What you need to know Vietnam cautiously approaches the US-initiated Indo-Pacific Strategy (IPS) due to China's regional influence and potential economic coercion. By Viet Dung Trinh & Huy Hai DoUnder mounting security pressure caused by China’s muscle flexing in the South China Sea and the possibility of Beijing’s economic coercion, Vietnam has adopted a cautious approach to the Indo-Pacific Strategy (IPS).
Geopolitics and global slowdown weigh on South Korea’s economy

Feb 23, 2024 | eastasiaforum.org | Troy Stangarone |Xirui Li |Viet Dung Trinh |Huy Hai Do

After expanding by 2.6 per cent in 2022, South Korea’s economy cooled in 2023. Waning global demand for South Korean exports, continuing geopolitical challenges and weakening domestic demand saw growth decelerate to an . While economic growth is expected to pick up in 2024, over the long term South Korean economic growth will be weighed down by structural challenges from the country’s changing demographics.
ASEAN’s trade-off between economic nationalism and development

Feb 23, 2024 | eastasiaforum.org | Xirui Li |Viet Dung Trinh |Huy Hai Do |Athaulla A Rasheed

ASEAN is the world’s economic dark horse and is on its way to becoming a global centre of growth. As ASEAN member states are generally dependent on trade, it is worth examining how its trade developed in 2023. Despite efforts by member economies to promote intra-regional trade, most ASEAN trade was with extra-regional countries in 2023.
Vietnam the epitome of a Belt and Road hedge

Mar 17, 2023 | asiatimes.com | Huy Hai Do |Viet Dung Trinh

The Belt and Road Initiative (BRI), launched in 2013 by Chinese President Xi Jinping, is considered an ambitious long-term strategy to promote the expansion of Chinese influence by providing countries in the region with aid and infrastructure investment. But in contrast with some Southeast Asian states which have largely embraced the BRI with open arms, Vietnam has adopted a hedging approach.