React has as much two way binding as vue - in vue v-model is just syntactic sugar for setting up event listeners and setting the value on an input element.

Per the docs [0]

<input v-model="searchText" />

Becomes

<input :value="searchText" @input="searchText = $event.target.value" />

It's such a small thing that it's crazy it's being discussed this much.

[0] https://vuejs.org/guide/components/v-model.html