Layton Pike, a member of the Australia-Vietnam Policy Institute (AVPI)'s advisory board, said Vietnam's economic growth in 2024 has far exceeded expectations on the back of export recovery and stable foreign direct investment.

Vietnam’s increasing middle-power status in the Asia-Pacific region has sparked interest on its successful foreign diplomacy, which is known as “bamboo diplomacy”, said Layton Pike, Co-founder of the Australia Vietnam Policy Institute (AVPI).