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The original was posted on /r/worldnews by /u/Strict-Marsupial6141 on 2023-09-10 16:48:41.
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
https://www.reuters.com/world/us-vietnam-elevate-ties-during-biden-visit-with-eye-china-2023-09-09/
The original was posted on /r/worldnews by /u/Strict-Marsupial6141 on 2023-09-10 16:48:41.
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
HANOI/WASHINGTON, Sept 10 (Reuters) - U.S. President Joe Biden on Sunday secured deals with Vietnam on semiconductors and minerals as the strategic Southeast Asian nation lifted Washington to Hanoi’s highest diplomatic status alongside China and Russia.
The U.S. has been pushing for the upgrade for months as it sees the manufacturing dynamo as a key country in its strategy to secure global supply chains from China-related risks.
A half-century after a lengthy and brutal Cold War-era conflict, Biden arrived in Hanoi to a ceremony organised by the ruling Communist Party that included school children waving American flags and honour guards carrying bayoneted rifles.
Vietnam is navigating frosty relations between Washington and Beijing as the tech and textile exporter seeks its own foothold in the international competition to be a low-cost manufacturing hub.
Vietnam’s longstanding relationship with Russia faces tests over the war in Ukraine, including talks with Moscow over a new arms supply deal that could trigger U.S. sanctions.
Another key issue is strengthening supply chains of critical minerals, especially rare earths, of which Vietnam has the world’s largest deposits after China, according to U.S. estimates, officials said.
The original article contains 873 words, the summary contains 188 words. Saved 78%. I’m a bot and I’m open source!