US vs. China: Vietnam – Where does it Stand?

Vietnam has had a difficult relationship with both China and the US last century. This century it finds both nations as essential export markets.

How is Vietnam positioned amid US-China tensions and what do these superpowers offer Vietnam?

References:

Xinhua – China-Europe freight train marks 1st connection between Zhengzhou, Hanoi, Liege:
http://www.news.cn/english/2021-09/02…

Viet Nam News – Vietnam Railways launches freight train service to Belgium:
https://vietnamnews.vn/economy/995636…

AP News – Harris urges Vietnam to join US in opposing China ‘bullying’:
https://apnews.com/article/health-pan…

SCMP – In Vietnam’s power plants, US finds a counter to China’s belt and road:
https://www.scmp.com/week-asia/opinio…

Harvard University Atlas of Economic Complexity – Vietnam:
https://atlas.cid.harvard.edu/explore…