How will Vietnam’s economic relationship and dependency on china affect its response to China’s increasing threat to its sovereignty?

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Authors
Tran, Kevin K.
Subjects
Vietnam
China
South China Sea
economic liberalization
Doi Moi
Advisors
Looney, Robert
Date of Issue
2015-06
Date
Jun-15
Publisher
Monterey, California: Naval Postgraduate School
Language
Abstract
Vietnam’s economic liberalization since the adoption of the Doi Moi has helped Vietnam’s economy blossom. As a result of its economic liberalization, Vietnam has become more dependent on China for its economic growth and stability. This dependency has made it difficult for Vietnam to challenge China when its sovereignty is threatened. According to the World Bank, China is Vietnam’s number one trading partner, with $50 billion in trade commerce in 2013. By examining the importance of Vietnam’s economic liberalization and its dependence on China, we can better understand how Vietnam will formulate its foreign policy with China and, in part, the United States. Vietnam has modernized its military to close the gap between its military capabilities and China’s. Vietnam has also increased its engagements with the United States, South Korea, Japan, India, Russia, and Australia in an attempt to hedge against China’s increased aggression in the South China Sea. Meanwhile, Vietnam has opened up its seaports to the international community and begun upgrading Cam Ranh Bay seaport to become a repair facility to provide maintenance support for most naval vessels. Vietnam is using these strategies to better defend its sovereignty without impacting its economic relationship with China.
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Thesis
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Department
National Security Affairs
National Security Affairs
Organization
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Approved for public release; distribution is unlimited.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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