Politics

China a blueprint for governance

Asia / Vietnam3 views1 min
China a blueprint for governance

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Vietnam is embracing China's model of governance and technology, with its leader set to meet China's Xi Jinping in Beijing. The two countries are expected to sign dozens of cooperation agreements, marking a new stage in their relations with higher political trust and deeper cooperation across sectors.

Vietnam is moving closer to China's model of governance. Its leader will meet China's Xi Jinping in Beijing, marking a new stage in their relations. China's exports to Vietnam are at record highs, and Chinese investment in manufacturing is booming. Vietnam has dropped concerns about using Chinese equipment in its 5G network. Chinese firms are exploring investments in Vietnamese data centers. The Vietnamese Communist Party is advancing a China-style economic model, with subsidies and public investment in large infrastructure projects.

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