Thursday, April 11, 2024

Vietnam is perhaps not a great substitute for China

Canada, like the EU, USA and many other countries, has been assiduously courting Vietnam as a trade partner, mainly in order to reduce reliance on an increasingly belligerent, rights-abusing and unpredictable China. Just a week or two ago, a high-profile Canadian delegation concluded what it sees as a very successful trade mission to Vietnam.

But, if Vietnam is not as bad as China in some respects, it is by no means a paragon of virtue, and we should have our eyes wide open as we dive in. Vietnam is still a Communist state, and arrests, surveillance and censorship of dissidents is rife.

Vietnam is expected to be among the fastest-growing economies in the world this year - everyone is trying to distance themselves from China - and its cheap workforce is a tempting attraction. It has even talked about opening up politically. But the global Democracy Index still shows Vietnam third from the bottom, with only Laos and Myanmar scoring lower. What's more, it's democratic freedom ranking of 136th is actually worse than its 128th showing back in 2015. It also ranks 178th out of 180 in media freedom according to Reporters Without Borders. It continues to maintain close, even upgraded, relations with Russia and China.

So, while Vietnam may talk a good game in trade talks, it's actions at home are far from open and free. But so toxic is China currently that most Western countries are trying their best to ignore Vietnam's more outrageous practices and policies. And Vietnam knows that full well, and so carries on more or less with impunity.

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