He also affirmed that the U.K. supported the maintenance of peace, security and stability in the South China Sea, known in Vietnam as the East Sea, as well as compliance with international law, including the 1982 United Nations Convention on the Law of the Sea. … [Read more...] about UK thanks Vietnam for treating British Covid-19 patients
Vietnam news
Natural disasters cause multi-million USD damage to Vietnam’s northern mountainous region
Minister of Agriculture and Rural Development Nguyen Xuan Cuong requested that committees for natural disasters prevention and control as well as search and rescue at different levels deploy teams to examine the safety of houses in high-risk locations, inspect reservoirs, and install rain and flow monitoring devices, among other tasks. … [Read more...] about Natural disasters cause multi-million USD damage to Vietnam’s northern mountainous region
Foreign investors confident in Vietnam’s business environment: official
Deputy Minister of Planning and Investment Vu Dai Thang said while the global flows of foreign direct investment (FDI) could decline by up to 40 percent in 2020 due to the impact of the pandemic, the FDI attraction in Vietnam in the first six months remained positive. Specifically, in January-June, the total amount of capital registered by foreign investors reached 15.67 billion USD, a year-on-year drop of 15.1 percent. However, the newly-registered and added capital increased 13.8 percent and 26.8 percent to reach 8.43 billion USD and 3.72 billion USD, respectively. “These are positive signs, showing the confidence of foreign investors in the business environment in Vietnam,” Thang said. Particularly, Vietnam is home to over 32,000 projects worth 378 billion USD from 136 countries and territories. While countries across the world are still in the fight against COVID-19, Vietnam has resumed business activities as usual and become one of the first countries to diversify … [Read more...] about Foreign investors confident in Vietnam’s business environment: official
US dismisses China’s claims to waters around Vietnam’s Vanguard Bank
"As Beijing has failed to put forth a lawful, coherent maritime claim in the South China Sea, the United States rejects any PRC (People’s Republic of China) claim to waters beyond a 12-nautical mile territorial sea derived from islands it claims in the Spratly Islands," U.S. Secretary of State Mike Pompeo said in a press statement on Monday. … [Read more...] about US dismisses China’s claims to waters around Vietnam’s Vanguard Bank
China should respect Vietnam’s rights and interests in East Sea: Deputy PM
His comments on China’s need to respect Vietnam’s legitimate rights and interests in the East Sea pertained to the latter’s deployment of its oil survey vessel, Haiyang Dizhi 8, in Vietnam's exclusive economic zone (EEZ) and continental shelf. … [Read more...] about China should respect Vietnam’s rights and interests in East Sea: Deputy PM
