The China Mail - Biden arrives in Vietnam to expand ties as China worries grow

USD -
AED 3.672496
AFN 64.501784
ALL 81.582896
AMD 360.987939
ANG 1.789785
AOA 917.999892
ARS 1513.250902
AUD 1.437599
AWG 1.8
AZN 1.69594
BAM 1.74671
BBD 2.012735
BDT 123.371781
BGN 1.747831
BHD 0.377596
BIF 2992.404453
BMD 1
BND 1.281553
BOB 11.707653
BRL 5.047896
BSD 0.999357
BTN 95.144703
BWP 13.728493
BYN 3.0198
BYR 19600
BZD 2.010066
CAD 1.420145
CDF 2312.499459
CHF 0.827967
CLF 0.02504
CLP 985.519711
CNY 6.69275
CNH 6.691875
COP 3197.63
CRC 455.473044
CUC 1
CUP 23.983889
CVE 98.47771
CZK 21.69425
DJF 177.955203
DKK 6.655785
DOP 61.203074
DZD 134.36195
EGP 53.070978
ERN 15
ETB 163.232787
EUR 0.89042
FJD 2.264551
FKP 0.754659
GBP 0.754535
GEL 2.596549
GGP 0.754659
GHS 11.657639
GIP 0.754659
GMD 74.000028
GNF 8791.365814
GTQ 7.636833
GYD 209.011214
HKD 7.84724
HNL 26.830935
HRK 6.7079
HTG 130.869501
HUF 323.918032
IDR 17929.5
ILS 3.0976
IMP 0.754659
INR 94.986803
IQD 1515.08791
IRR 1790500.000031
ISK 121.510005
JEP 0.754659
JMD 158.71669
JOD 0.70901
JPY 157.69198
KES 129.829929
KGS 87.44976
KHR 4060.142989
KMF 441.999885
KPW 899.999961
KRW 1350.595016
KWD 0.31151
KYD 0.832883
KZT 451.509766
LAK 22502.503662
LBP 89549.999843
LKR 330.755285
LRD 170.384164
LSL 16.549612
LTL 2.95274
LVL 0.60489
LYD 6.425005
MAD 9.844365
MDL 17.887667
MGA 4500.252296
MKD 54.992163
MMK 2100.02843
MNT 3599.679138
MOP 8.078342
MRU 40.033223
MUR 47.609504
MVR 15.460159
MWK 1733.03028
MXN 18.48065
MYR 4.0815
MZN 63.909741
NAD 16.474534
NGN 1330.130525
NIO 36.776559
NOK 9.48377
NPR 152.229808
NZD 1.77663
OMR 0.384506
PAB 0.999379
PEN 3.440965
PGK 4.535955
PHP 63.045498
PKR 276.68889
PLN 3.89015
PYG 5702.318437
QAR 3.643224
RON 4.751303
RSD 104.544013
RUB 83.626116
RWF 1474.482346
SAR 3.677394
SBD 8.078071
SCR 13.856214
SDG 601.50203
SEK 9.95506
SGD 1.28198
SHP 0.754518
SLE 24.670285
SLL 20969.504398
SOS 571.137676
SRD 37.712026
STD 20697.981008
STN 21.88047
SVC 8.745048
SYP 13001.999685
SZL 16.467583
THB 33.538501
TJS 9.223858
TMT 3.5
TND 2.987126
TOP 2.40776
TRY 49.411001
TTD 6.796403
TWD 32.31401
TZS 2630.004973
UAH 44.915626
UGX 4037.706697
UYU 40.172371
UZS 11952.148538
VES 875.701598
VND 25878.5
VUV 119.372685
WST 2.788609
XAF 584.07701
XAG 0.01779
XAU 0.00024065738
XCD 2.70255
XCG 1.80126
XDR 0.707052
XOF 584.07701
XPF 106.509246
YER 236.199682
ZAR 16.550903
ZMK 9001.198289
ZMW 19.863078
ZWL 321.999592
SSP 5748.524006
MXV 2.086896
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Biden arrives in Vietnam to expand ties as China worries grow

Biden arrives in Vietnam to expand ties as China worries grow

US President Joe Biden arrived in Vietnam Sunday to deepen cooperation between the two nations, with semiconductors and rare earth minerals expected to be a key focus for talks.

Text size:

Biden flew from the G20 summit in New Delhi to meet the leader of Vietnam's ruling Communist Party, Nguyen Phu Trong, on Sunday to sign off on a "comprehensive strategic partnership", Hanoi's highest level of diplomatic ties.

The goal of the short visit mirrors Biden's time at the G20 gathering -- shoring up support against Beijing's increasing diplomatic influence, while securing supplies of strategically important resources from friendly countries.

The two sides are expected to announce new cooperation on semiconductors, Jon Finer, the US deputy national security advisor, told reporters.

They will also hold detailed talks on supplies of rare earth minerals used in the manufacture of high-tech devices such as smartphones and electric car batteries.

The United States has said Vietnam -- with the world's second-largest deposits of rare earths after China -- has a key role to play as it looks to source less from China after supply chain shocks rocked the global economy in recent years.

Last month, Biden moved to restrict US investment in Chinese technology in sensitive areas including semiconductors, quantum computing and artificial intelligence.

- Russia arms deal -

For Vietnam, the upgrading of diplomatic ties is significant. It only has top-level ties with Russia, India, South Korea and China.

Although it will be careful to be seen as not taking sides between the United States and China, Vietnam shares US concerns about its neighbour's growing assertiveness in the contested South China Sea.

However, The New York Times reported just ahead of Biden's visit that Vietnam was secretly arranging to buy arms from Russia in contravention of US sanctions.

The report cited a Vietnamese finance ministry document that laid out plans to fund arms purchases from the Kremlin through a joint oil and gas project in Siberia.

AFP has contacted the Vietnamese government for comment.

Finer told reporters Sunday that Washington acknowledged Vietnam's decades-long military relationship with Russia.

But he said there was "increasing discomfort on the part of the Vietnamese with that relationship", and the new partnership would help Hanoi "diversify away from those partnerships" by allowing it to source from the United States and its allies.

There will be a welcome ceremony in Hanoi on Sunday, speeches by the two leaders and a news conference by Biden -- who on Tuesday awarded the top US military honour to a helicopter pilot who rescued four soldiers during the Vietnam War.

Hanoi's central Hoan Kiem Lake area, packed with families out for a weekend stroll, was adorned with American and Vietnamese flags ahead of the 80-year-old US president's arrival.

A souvenir shop nearby in the city's old quarter sold T-shirts with Biden's face emblazoned across the front.

"I think the US is a good friend to Vietnam," said Truong Thanh Duc, the shop's 61-year-old owner.

"With this visit of President Joe Biden, I think he will bring more business contracts and jobs to Vietnamese people."

- Human rights -

Biden will be juggling strategic interests with the defence of human rights in Vietnam.

The Southeast Asian country has a dire human rights record. Government critics face intimidation, harassment and imprisonment after unfair trials, and there are reports of police torture to extract confessions, Human Rights Watch says.

While Biden has often criticised China's human rights record, he has largely stayed quiet on Vietnam and campaigners are fearful he may not press the subject.

National Security Advisor Jake Sullivan said before the trip that Biden would raise issues related "to freedom of expression, freedom of religion, and other basic human rights".

Nguyen Bac Truyen, a legal expert and religious freedom advocate who was sentenced in 2018 to 11 years in prison for subversion, said on Facebook on Saturday he had been released and allowed to travel to Germany with his wife.

Vietnam often releases political prisoners before US presidential visits.

Leaders at the G20 summit in India agreed on a joint declaration that papered over deep divisions on the war in Ukraine and tackling climate change, avoiding direct criticism of Moscow and any concrete pledge to phase out polluting fossil fuels.

Biden's Vietnam trip will also include a visit to a memorial to his friend John McCain, the former US senator shot down and held captive during the Vietnam War who in later years helped rebuild ties between the two countries.

burs-pdw/aph/qan

Z.Huang--ThChM