US vs. China: Where does Vietnam Stand?

US vs. China: Where does Vietnam Stand?

As tensions continue to mount between Washington and Beijing, examples continue to abound comparing and contrasting the approaches used by both global powers regarding foreign policy. Another recent example on stark display is the US and China’s respective approaches to Vietnam – a nation both countries have had rocky and even hostile relations with in…

Russia Must Urgently Prioritize Formulating an Official Indo-Pacific Policy

Russia Must Urgently Prioritize Formulating an Official Indo-Pacific Policy

The Indo-Pacific is rapidly becoming the convergence point of many of the world’s geostrategic processes, but Russia has yet to formulate an official policy towards this vast space, which places it at a disadvantage vis-a-vis its Great Power peers. The Indo-Pacific is among the top buzzwords in the foreign policy community nowadays because this vast…

Washington Tries to Make Others to Pay the Price for its Own Military Adventures
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Washington Tries to Make Others to Pay the Price for its Own Military Adventures

After the tragedy of the Vietnam war and a defeat in Iraq, now Afghanistan is demonstrating us that the US is actually incapable of winning wars. As a matter of fact, every instance of US military aggression was triggered by the unparalleled self-confidence of American authorities, who were confident that they had the necessary military…

US Treasury Accuses Vietnam of Currency Manipulation, but this Will Not Lead to Sanctions

US Treasury Accuses Vietnam of Currency Manipulation, but this Will Not Lead to Sanctions

The U.S. Treasury Department accused Vietnam of currency manipulation in its semi-annual report to Congress titled “Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States.” The Council of Foreign Relations explains that “By buying foreign currency in the market, a country can artificially change the price of its imports and its…

Current Situation in South China Sea and Vietnam’s Policy

Current Situation in South China Sea and Vietnam’s Policy

“We see that, with the changing world order, the rivalry between the current centers of power continues to intensify and so does the battle for leadership in the future. Unfortunately, the threat posed by the novel Coronavirus has not reduced these geopolitical tensions, exacerbating them instead. We would like to reiterate that, from our point…

Trump’s ‘Uncreative Destruction’ of the U.S.-China Relationship

Trump’s ‘Uncreative Destruction’ of the U.S.-China Relationship

Economists like to think of the wreckage caused by stock market downturns, widespread bankruptcies, and corporate downsizing as “creative destruction.” As it destroys the old and the dysfunctional, the capitalist system continually spurs innovation, much as a forest fire prepares the ground for new growth. Or so the representatives of the dismal science argue. Donald…