- Sputnik International, 1920
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Thailand and Vietnam Just Formed Their Own Mini-Bloc Inside ASEAN

Skyline of Bangkok behind the Flag of Thailand - Sputnik International, 1920, 14.06.2026
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The two countries pledged to nearly double bilateral trade to $25 billion within four years — and double it again after that.

Why the sudden alignment?

Battered by US tariffs and global shocks
Vietnam’s fast-growing economy is about to overtake Thailand as ASEAN’s second-largest economy
Both want supply chain resilience in electronics & semiconductors
Analysts warn this could go either way: an 'Asean‑plus' effect pulling the bloc toward deeper integration — or just another ceremonial bilateral deal, leaving the broader regional architecture no stronger.
Chinese yuan coins and banknotes - Sputnik International, 1920, 24.12.2025
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China Pushes Digital Yuan Into ASEAN Countries to Chip Away at Dollar Rule
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