Washington sees the industrial nation as essential to reducing its strategic resource dependency on China.
State media hails a ‘historic’ accord between former war rivals as PM Pham Minh Chinh welcomes US President Joe Biden in Hanoi.
The US sees manufacturing dynamo Vietnam as an important part of its plan to rely less on China for supplies of strategic resources, and the new pact includes agreements on semiconductors and rare earths. Tiny semiconductors are vital to modern life, found in every electronic device from children’s toys and smartphones to electric cars and sophisticated weapon systems.
Monday will also see Vietnam Airlines sign a US$10 billion deal to buy 50 medium-haul 737 MAX planes from Boeing, according to state media.Biden insisted Sunday that he did not want to “contain” China, but accused Beijing of seeking to change the rules of the international order.
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