BRICS, Trump and tariff
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Vietnamese Prime Minister Pham Minh Chinh and China's Premier Li Qiang have agreed to boost trade and investment ties between the two countries during a meeting on the sidelines of the BRICS summit in Brazil,
Vietnam is expanding its geopolitical alliances by bolstering economic ties with India and joining BRICS as a partner country. Aiming for a trade target with India, Vietnam's move into the BRICS forum hopes to further its global influence,
At the conclusion of his first 100 days in office in late April, President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 countries.
Vietnam will soon sign an agreement with Indonesia to boost long-term rice shipments, the Vietnamese government said on Tuesday in a statement, after exports plunged in the first half of the year. The statement came hours after Vietnamese Prime Minister Pham Minh Chinh met Indonesian President Prabowo Subianto on the sidelines of the BRICS summit in Brazil.
Prime Minister Chinh thanked Brazil for supporting Vietnam’s BRICS partnership and affirmed Vietnam’s commitment to participating with the highest sense of responsibility. He reiterated Vietnam’s strong commitment to contributing to peace, cooperation, and development, especially in promoting the role of the Global South in global governance.
Vietnam recently joined the BRICS as the group's 10th partner country. Among member states of the Association of Southeast Asian Nations, Indonesia holds full membership in BRICS, while Malaysia and Thailand are official partner countries.
Indonesia’s entry into Brics signals a bold diplomatic shift, but raises concerns over Asean unity and ties with the US. Read more at straitstimes.com. Read more at straitstimes.com.
Prime Minister Pham Minh Chinh on Sunday met Renato Costa, an executive of the JBS Group, in Rio de Janeiro while participating in an expanded BRICS Summit and bilateral activities in Brazil.