By Nguyen Khac Giang

East Asia Forum-May 12

In March, Vietnam announced it had gifted a new parliament building worth US$111 million to Laos. The move reflects Hanoi’s unease over Beijing’s growing influence over its closest ally. China has overtaken Vietnam as the largest investor and lender in Laos. Keeping Laos by Vietnam’s side is a top foreign policy priority for Hanoi. The question is how without engaging in costly competition with China.

Read more at: https://www.eastasiaforum.org/2021/05/12/vietnams-tug-of-war-with-china-over-laos/