ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Chinese ties are an economic boon but a diplomatic minefield

Vietnam struggles to strike a foreign policy balance between Beijing, Washington

The Po Nagar temple in Nha Trang, Vietnam, is popular with Chinese tourists. (Photo by Shinya Sawai)

NHA TRANG, Vietnam Now is not an easy time to be a Vietnamese official. China is ramping up its saber-rattling in the South China Sea, reportedly sending its first aircraft carrier to Hainan, a Chinese island across the Gulf of Tonkin, on Dec. 26. Meanwhile, an influx of Chinese tourists is generating both profits and friction in the resort towns of Nha Trang and Danang.

The addition of a new U.S. president not afraid of riling Beijing will only make diplomatic life more difficult for Vietnam as it looks for ways to deal with an increasingly assertive yet economically vital neighbor.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more