Overview
- Leaders in Hanoi announced the formal upgrade during European Council President António Costa’s visit, highlighting political intent without creating legal obligations.
- A draft joint statement details plans to cooperate on critical minerals, semiconductors, infrastructure, and “trusted” 5G and satellite communications.
- The EU will consider transfers of non-sensitive defence technology and deepen security ties, including potential maritime cooperation and support for South China Sea stability.
- Brussels notes this is its first comprehensive strategic partnership in Southeast Asia, reflecting a push to broaden partnerships as U.S. tariffs reshape trade flows.
- Bilateral trade reached about $66.8 billion in the first 11 months of 2025, with Vietnam expanding chip capacity and European firms Ericsson and Nokia advancing its 5G rollout.