South china sea

Speaking at the 34th ASEAN Summit in Bangkok, Thailand, on Sunday, Prime Minister Nguyen Xuan Phuc said ASEAN also needs to consider and acknowledge positive development in the negotiations for the Code of Conduct in the South China Sea (COC) between the bloc and China, according to a statement released by the Ministry of Foreign Affairs. Phuc said that next year, as the ASEAN chair, Vietnam would work to raise ASEAN’s status on the global stage by enhancing its links with the U.N. Vietnam was elected non-permanent U.N. Security Council member for 2020-2021 term earlier this month. China lays claim to almost the entire South China Sea, which Vietnam calls the East Sea, including waters close to Brunei, Malaysia, the Philippines, Taiwan, and Vietnam.  It has occupied some archipelagos illegally and created artificial islands, turning them into garrisons. On June 9, a Filipino fishing boat with 22 crew members was sunk near Reed Bank in Vietnam's Spratly … [Read more...] about Vietnam asks ASEAN to take note of threats against fishers in South China Sea

Prime Minister Nguyen Xuan Phuc will host a reception to welcome both the national men’s and women’s football teams following their gold medals at the SEA games arena. PM Nguyen Xuan Phuc met with coach Park Hang-seo and the national football team after the team won the AFF Cup 2018. The women’s football squad trained by Coach Mai Duc Chung defeated Thailand at the final match to clinch the gold medal of SEA Games 30. This is the sixth time they have secured the gold medal at the event. Meanwhile, the male team eased past Indonesia 3-0 in the final at the Philippines’ Rizal Memorial Stadium on December 10. Vietnamese fans flooded Hanoi's streets to celebrate the victory of the men's football team on December 10 A brace by Doan Van Hau and a goal by Do Hung Dung secured a convincing victory for Park Hang-Seo’s side and quenched the Vietnamese team’s 60-year thirst for the SEA Games championship title. Both of the teams have received huge … [Read more...] about PM Nguyen Xuan Phuc to host reception for victorious SEA Games football teams

Vu Duc Nhan, deputy CEO of transport firm Phuong Thanh Tranconsin Jsc, told VnExpress that the Ministry of Transport requires an investor to have an owner’s equity of 20 percent of the cost of a North-South Expressway project. This means that if a project costs VND5 trillion ($215 million), an investor needs to have VND1 trillion ($43 million) in owner’s equity.  The investor also needs to have experience in a similar project in scale, he added. "Very few Vietnamese companies have that money. Only some have recently invested in major national highways." A tightened credit policy on build-operate-transfer (BOT) projects is adding to the burden, Nhan said. Banks are charging an annual interest rate of 11 percent, higher than the 7.8 percent the Ministry of Transport estimated earlier when calling for investors. Many BOT projects are struggling to collect enough tolls due to lower traffic than estimated, making investors reluctant to take on expressway projects, he … [Read more...] about North-South Expressway: domestic investors fear foreign competition

   Việt Nam national U22 team celebrate winning gold at the SEA Games 30. – VNA/VNS Photo Hoàng Linh HÀ NỘI – Beating Indonesia to take SEA Games’ gold medal after 60 years of waiting, Việt Nam national U22 team have got a big bonus. Minister of Culture, Sports and Tourism Nguyễn Ngọc Thiện, Director Lê Văn Kiểm of Long Thanh Golf Development Company, F.I.T Group, Vietcombank each awarded the team VNĐ1 billion (US$43,500). The Việt Nam Football Federation (VFF) immediately gave the team VNĐ2 billion for the title. Earlier, it also awarded the team VNĐ1 billion for the result of reaching to the semi-finals. Hưng Thịnh Group pledged to give the players VNĐ1 billion, coach Park Hang-seo VNĐ200 million as well as the training board VNĐ300 million. They also grabbed VNĐ1 billion from Metro Star brand name of … [Read more...] about With SEA Games’ gold medal, U22 VN receive big bonus

Home Vietnam comes in second as SEA Games wrap up By Vu Duc Wednesday,  Dec 11, 2019,18:25 (GMT+7) Vietnam comes in second as SEA Games wrap upBy Vu Duc Vietnam celebrate after they won the final at Rizal Memorial Stadium, Manila, Philippines December 10, 2019 – PHOTO: REUTERS HCMC - The 30th Southeast Asian Games (SEA Games) in the Philippines concluded today, December 11, after 11 days of competition with the host Philippines finishing first with 149 golds out of the total 530, 51 clear of second-placed Vietnam. Thailand was third on 92 golds. The Vietnamese sporting delegation beat their target at the regional Games, bagging 98 golds, 85 silvers and 105 bronzes. The official target was 65-70 golds. Vietnam was dominant in wrestling, kurash, football, track and field, swimming, aerobic and martial arts events. Vietnam U-22 won their first championship of the men’s football event at the SEA Games in 60 … [Read more...] about Vietnam comes in second as SEA Games wrap up