Launched in December 1986, Vietnam’s “reform” era (đổi mới) came to an end in August 2024. Domestic political events in the ensuing months ushered the country into a new era, although the coming period may turn out to be a Gramscian interregnum, when “the old is dying and the new cannot be born.”

SOUTH-EAST Asia’s two largest economies are the newest recruits of Brics, lending significant clout to the bloc that already commands more than 40 per cent of the world’s gross domestic product as it seeks to strengthen its role as a counterbalance to the West.

By moving away from the US Dollar, BRICS are looking to circumvent economic pressures and protect their financial interests.

The Cuban regime officially requested to join BRICS in early October 2024, as reported at the time by Carlos Pereira, Director of Bilateral Relations at the Cuban Foreign Ministry. The request was made through a letter addressed to Putin, who held the rotating presidency of the group in 2024.

Indonesian Foreign Affairs Minister Sugiono, in his annual address on Jan. 10, cites lack of respect for international law and UN Charter, saying global economic architecture does not meet modern chal

BRICS has emerged as a significant international force since 2009 when it was established at a summit in Russia. What began as a five-member group en

Brazil took over as the President of BRICS (Brazil, Russia, India, China, and South Africa), marking a significant point in the bloc's | The Eastern Herald | News Today, Breaking News, World News & BR

This growth raises essential questions about whether Brics will challenge the leadership of traditional powers such as the US, UK and the European Union. But analysts are also questioning how united the bloc really is and whether a perceived lack of unity constitutes an obstacle to the bloc’s expansion.

The Comprehensive Strategic Partnership between Russia and Vietnam have seen significant progress in recent years, with continued positive momentum in 2025, said Russian Ambassador to Vietnam Gennady

The relationship between Vietnam and Russia has been flourishing across trade, science, technology, defence, culture, and education, according to Dr. Anatoly Sokolov, a renowned Vietnam scholar.

Jacob Zuma has praised the bloc as a tool for reshaping global systems and reducing dependence on the West Former South African President

While BRICS hasn’t yet done enough to turn the table, its stated action plans, particularly adopting a common currency within its fold and ultimately ditching the dollar, have announced themselves as potential game changers.