Vietnam: A Reform Agenda Caught in the Crossfire of the Great Powers

China is Vietnam's most important supplier, while the United States is its most important market. Yet its relations with both of these major powers are historically strained. Amid this complex situation, Hanoi is embarking on what is arguably the world's most ambitious development agenda.

17. March 2026
Ministertreffen in Hanoi China Vietnam Wang Yi
A complex web of relationships: Chinese and Vietnamese ministers at the 3+3 dialogue in Hanoi. (IMAGO)

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Last updated: 17. March 2026