Vietnam’s ambitions go beyond mere economic gains, as evidenced by its early involvement in the discussion of the Indo-Pacific Economic Framework for Prosperity (IPEF) launched by the US in May 2022.

When taking the position as one of the 14 founding members of the Indo-Pacific Economic Framework for Prosperity (IPEF) launched by US President Joe Biden in May 2022, Vietnam has shown the world its ambitions to pursue beyond mere economic gains like wider market access and reduced tariffs.

Vietnam’s early engagement in the Indo-Pacific Economic Framework for Prosperity (IPEF) highlights its proactive stance as one of the first countries to join the discussions initiated by the US in May 2022. However, the new mechanism and its relevance to Vietnam are yet to be widely known by the Vietnamese public.

Bamboo holds a significant place in Vietnamese history, culture, and people’s daily lives, symbolising strength, flexibility, and resilience. Vietnam’s determination to pursue a foreign policy that draws on these characteristics is seen as a pragmatic response to the challenges facing the country in a rapidly-changing world, according to scholars.

Bamboo holds a significant place in Vietnamese history, culture, and people’s daily lives, symbolising strength, flexibility, and resilience. Vietnam’s determination to pursue a foreign policy that draws on these characteristics is seen as a pragmatic response to the challenges facing the country in a rapidly-changing world, according to scholars.