That's the best part, the US doesn't even have anything to offer. For most of the tooling and industrial inputs that Vietnam needs to build its manufacturing sector, China is either the only source or it'd be too expensive from anyone else.When the US is demanding Vietnam "to reduce its dependency on Chinese high-tech", is Vietnam being offered the American high-tech in return? Does the US even have the kind of high-tech needed by Vietnam? Perhaps the US is only trying to 白嫖 Vietnam.
It feels like the US is looking for someone to be the next China and they're onto Vietnam because India has proven to be a bust. The problem with Vietnam is that the reason why its industrial production has grown so much is because of its supply chain leading from China.Vietnam does not have the power generation and heavy industry to replace China yet. With a low power, high labor force economy, you have to do just final assembly of goods, or do something like garments. The US is asking for something Vietnam cannot deliver.