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The US don’t trust communism, why should communism trust the US? In lesser it goes for Europe as well. It makes no sense. What we see now is a truce. Nothing else.Vietnam and the US would never truly trust each other.
Since the US knows that Vietnam only conveniently uses the US to balance China's influence in ASEAN.
However, your ruling party is deeply committed to use China's political/economic playbook to run the country like the strong competitive state-owned enterprise to back up more elite private enterprises to foster more innovation and to outcompete the western economic model.
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Resolution 79: Expectations of significant changes in state-owned enterprise sector
Previously regarded as the primary material force of the state sector, with a leading role across a broad range of areas, SOEs are now defined as an important material force, with their activities focused on a number of key and strategic industries and sectors, ensuring a pioneering, enabling...en.vietnamplus.vn
And the Vietnamese elites are pragmatic and have similar mentality to their Chinese counterpart, just want their nation to become strong by adapting the most suitable and optimized political/economic model.
Actually we are easy to understand. Vietnam is something like that:
political neutrality
cultural, mentally very Chinese
economic: a mix of capitalism and socialism
geography: yes, we work with Asean, we try to balance China with other powers to avoid a full blow crisis.

