BRICS Expands as Vietnam Joins Economic Bloc, Signaling Strategic Shift in Asia
Vietnam has officially joined the BRICS partner countries, marking a pivotal moment in the bloc's regional expansion. Brazil's Foreign Ministry confirmed the accession, highlighting Vietnam's economic heft—nearly 100 million people, robust manufacturing, and deep integration into global trade networks. The MOVE elevates BRICS' influence in Southeast Asia.
The bloc's partner list now spans ten nations, including Belarus, Nigeria, and Thailand—a deliberate diversification beyond its core emerging-market roots. Vietnam's entry underscores BRICS' ambition to counterbalance Western-dominated financial systems, though cryptocurrency implications remain speculative for now.