Oil Company Pulls Out of Vietnamese Oil Field as China Puts the Squeeze on Vietnam

Vietnam has actually cancelled its agreement with an oil well initially indicated to start checking out at an oil field near Lead Bank, off Vietnam’s southeastern coast, the owner of the rig has actually validated. The cancellation comes as China applies pressure on Southeast Asian countries that wish to make use of resources in the […]

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China Rams Vietnamese Fishing Vessel Near Paracel Islands

A Chinese ship rammed a Vietnamese fishing boat operating in the Paracel Islands, Vietnamese state media reported Friday, in what might be the first case of China implementing its unilateral fishing restriction in parts of the South China Sea versus vessels of another country. Tuoi Tre (Youth) paper reported that Wednesday’s occurrence occurred near Lincoln […]

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Vietnamese, Philippine Fishermen Protest China’s Fishing Ban in SCS

Fishermen’s associations in Vietnam and the Philippines objected Monday China’s yearly summer season fishing ban in the South China Sea and required their national federal governments to oppose it, amidst the danger of rigorous enforcement by the China Coast Guard. ” Vietnamese fishermen have total rights to fish in waters under their sovereignty,” the Vietnam […]

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Manila Criticizes Beijing Over Sinking of Vietnamese Boat in South China Sea

The Philippines revealed “deep concern” Wednesday over a Chinese coast guard ship’s supposed sinking of a Vietnamese fishing boat in the challenged South China Sea recently, as Manila signed up with Hanoi and Washington in slamming Beijing over the occurrence. The Philippine foreign office provided what it called a “statement of solidarity” with Hanoi. The […]

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COVID-19 Decimates Vietnamese Economy, Threatens Many Firms

The continuous COVID-19 epidemic is ruining the Vietnamese economy, with organisations and business of all sizes revealing earnings much lower than anticipated over the first 2 months of 2020, and more than 3,000 firms closing, authorities stated Thursday. More than 3,000 medium-sized and little organisations stopped operations in January and February, as the coronavirus epidemic […]

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