BRICS Welcomes Vietnam, Eyes Bigger Role in Global Trade

BRICS Welcomes Vietnam
Source: IOL

BRICS Vietnam partnership became official in June 2025, and now we can say this development marks a pivotal moment for global trade relations along with de-dollarization efforts. Vietnam now joins nine partner countries including Malaysia, Indonesia, and Thailand, which strengthens the bloc’s Asia-Pacific presence.

This BRICS Vietnam news signals Hanoi’s strategy to diversify international partnerships while maintaining multilateral diplomacy. The partner status opens new trade corridors and supports alternative currency arrangements as BRICS expansion gains momentum in 2025 across emerging economies.

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Source: Scandinavian Markets

Strategic Partnership Strengthens BRICS Relations With The Country

The BRICS Vietnam partnership leveraged substantial economic weight through Vietnam’s nearly 100 million population and an export-driven economy that has been optimized across certain critical sectors. Vietnam’s manufacturing capabilities in electronics, textiles, and semiconductors engineered complementary BRICS supply chains. Even more, the country supports BRICS de-dollarization objectives through various major industrial initiatives right now.

Prime Minister Pham Minh Chinh reaffirmed at the Kazan Summit that Vietnam remains committed to its independent, multilateral, and constructive foreign policy, maintaining strong links with the US, EU, and ASEAN.

Brazil’s current BRICS chairmanship maximized Vietnam’s strategic value in South-South cooperation across several key diplomatic areas. The BRICS 2025 expansion initiative architected benefits from Vietnam’s integration into global production networks. It seems to be a reliable Southeast Asian ally involving numerous significant trade partnerships.

Economic Benefits and Investment Access

BRICS Vietnam partnership deployed access to the New Development Bank and Contingent Reserve Arrangement. This supports infrastructure and digital transformation projects across multiple essential development sectors. This BRICS Vietnam news implemented opportunities for cross-border ventures in advanced manufacturing, agri-tech, and logistics sectors that are being pioneered through various major investment channels.

The partnership also established Vietnam’s influence on investment norms favoring transparency and sustainability. It basically positioned itself as both recipient and contributor to BRICS cooperation models involving certain critical strategic elements. As for BRICS and Vietnam’s de-dollarization efforts, they instituted reduced exposure to dollar-denominated transactions.

Diplomatic Balance and Future Prospects

Vietnam’s “bamboo diplomacy” approach restructured flexibility while supporting BRICS Vietnam objectives through numerous significant policy frameworks. The country’s partner status reformed existing commitments to CPTPP, RCEP, and IPEF agreements that multiple strategic international platforms regulate.

BRICS expansion in 2025 enacted the bloc’s capacity to accommodate nations with diverse international commitments involving various major diplomatic considerations. Vietnam’s participation accelerated BRICS positions on global trade issues. This is possible while preserving relationships across multiple essential diplomatic blocs.

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The BRICS Vietnam partnership pioneered a balanced approach to global engagement, supporting both de-dollarization goals and continued multilateral cooperation in an increasingly multipolar world that numerous significant geopolitical dimensions are transforming.