🥖 Beijing's Grip

Happy Sunday!

We are thinking of a daily version of Bánh Mì Brief—would you like that? What would be topics you would like to see being covered? Hit reply to this email and let us know.

In the meantime: Beijing tightens its grip on Hanoi's future as Vietnam's new leader consolidates absolute power; Tungsten deposits and supply-chain wars are turning Vietnam's mines into geopolitical prizes, and the stock market stumbles after a five-day rally. Vietnam's growth ambitions are tangling with reality—and with shifting trade winds from the West.

Happy read!