Vietnam Poised to Enhance Global Economic Role Amid BRICS Expansion

Vietnam possesses the potential to play a more significant role within the BRICS framework as the bloc expands and strengthens its influence in global economic governance. An Indian expert highlights that Vietnam can substantively engage in BRICS cooperation mechanisms while maintaining a balance in its relations with ASEAN and other international partners, which is key to solidifying Vietnam's strategic position. In recent years, BRICS has been increasing its membership and seeking to enhance its voice in the international economic order. In this context, strengthening ties with BRICS for a rapidly growing nation in the Asia-Pacific region like Vietnam holds significant implications for its diplomatic and economic strategies. Vietnam has put forward proposals at BRICS meetings, particularly on strengthening cooperation with the Asia-Pacific region and new directions for BRICS cooperation, which were reportedly welcomed at the BRICS Summit 2025. Under its one-party system, Vietnam has prioritized economic growth, focusing on attracting foreign investment and expanding exports. Engagement in multilateral cooperation frameworks like BRICS can create new opportunities for economic development and serve as a means to increase its influence in the international community. In particular, Vietnam's foreign policy, which seeks to build diverse international partnerships while maintaining a complex relationship with China, can be seen as an element of its balancing strategy to deepen ties with BRICS. Through strengthening its relationship with BRICS, Vietnam aims to enhance its position in global supply chains and increase the sustainability of its economic growth. However, the dynamics within BRICS and the coordination of each country's interests are complex, requiring a cautious and strategic approach for Vietnam to maximally pursue its national interests.