onsdag 30. april 2025

Fifty years after the war, Vietnam faces a new US threat - tariffs

On a searing afternoon in Vietnam, Tung Linh declared she "basically knows nothing" about the bloody, decades-long war that pitted her country's Communist-run North against the United States-backed South.

"My grandparents fought in the war and because of that today we can look at the sky and see an airplane and we don't feel scared, like they did," says the 20-year-old college student. Stuck to her right cheek was a little yellow star on a red rectangle - the Vietnamese flag. Like her, Ho Chi Minh City, where she lived, was gearing up to celebrate the 50th anniversary of the end of the war, when the Communists triumphed.

Today's Vietnam is a remarkably different country than the one American troops withdrew from in defeat – it's enterprising, it's growing fast and it's getting richer. Its authoritarian Communist leadership has embraced capitalism. They aspire to follow in China's footsteps, and have ploughed money and effort into becoming a reliable manufacturing hub, even an alternative to China.