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-         The PRC has no lawful territorial or maritime claim to (or derived from) James Shoal, an entirely submerged feature only 50 nautical miles from Malaysia and some 1,000 nautical miles from China’s coast. James Shoal is often cited in PRC propaganda as the “southernmost territory of China.” International law is clear: An underwater feature like James Shoal cannot be claimed by any state and is incapable of generating maritime zones. James Shoal (roughly 20 meters below the surface) is not and never was PRC territory, nor can Beijing assert any lawful maritime rights from it. … [Read more...] about US rejects China’s unlawful sovereign claims in East Sea

Hanoi (VNA) - Prices of bio-fuel E5RON92, RON95-III, diesel 0.05S, and FO 180CST 3.5S were left unchanged in the latest regular adjustment of prices on July 13. The Ministries of Industry and Trade and Finance announced that prices of E5 will be no higher than 14,258 VND (0.62 USD) per litre and those of RON95 petrol no higher than 14,937 VND. Prices of diesel 0.05S, kerosene, and FO 180CST 3.5S should not be higher than 12,114 VND, 10,038 VND, and 10,903 VND per litre, respectively. The two ministries conduct a review of fuel prices every 15 days and adjust prices in line with fluctuations on the world market. The world price of RON 95 petrol averaged 46.679 USD per barrel over the last 15 days, down 0.161 USD since the previous review. The average price of diesel was 49.237 USD per barrel, up 1.622 USD.   The cost of kerosene and FO 180CST 3.5S now stand at 42.670 USD per barrel and 244.481 USD per tonne, up 0.585 USD and 10.88 USD, respectively. Vietnam’s economy is … [Read more...] about Prices of oil, petrol unchanged in latest adjustment

Khiem noted that El Niño–Southern Oscillation, the climate phenomenon referring to the cycle of warm and cold temperatures, including El Niño, La Niña, and the Southern Oscillation, will transition to La Nina by the end of the year. Some of the unique features of the La Nina phenomenon include an increase in the number of storms and tropical depressions along with unpredictable temperatures whose consequences can be considered difficult to predict. … [Read more...] about Vietnam to brace for early arrival of extremely cold spells

The Chinese embassy in the U.S. responded on Tuesday saying the U.S.’ statement "disregards the efforts of China and ASEAN countries for peace and stability in the South China Sea, deliberately distorts the facts and international law including the United Nations Convention on the Law of the Sea (UNCLOS), exaggerates the situation in the region, and attempts to sow discord between China and other littoral countries. … [Read more...] about US dismisses China’s claims to waters around Vietnam’s Vanguard Bank

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade on July 13 sent a letter to the Philippine Department of Trade and Industry in which they expressed their concerns over the department’s initiation of a safeguard investigation. These measures relate to several imported steel products, including galvanised steel, aluminum and zinc-coated steel, along with colour-coated steel sheets. … [Read more...] about The Philippines urged to remove Vietnamese steel investigation