On May 30, a group of 35 fishing ships and two coast guard ships of China encircled and threatened Vietnamese fishing vessels which were operating 30-35 nautical miles from a drilling rig China illegally placed in Vietnam’s waters.
Bilateral trade between Vietnam and the US will probably reach US$33.6 billion in 2014, of which US$ 28.1 billion will come from Vietnamese exports.
Representatives of engineering companies and credit institutions from the UK and the Republic of Korea (RoK) are in Ho Chi Minh City to look into investment opportunities of urban transport projects, including the second phase of metro line No. 5.
Vietnam and the Republic of Korea (RoK) have reiterated their strong will to conclude a free trade agreement later this year and lift two-way trade to US$70 billion by 2020.
A map showing Vietnam’s sovereignty over Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagoes has recently been discovered by a resident in the central province of Thanh Hoa, reported the Saigon Giai phong (Saigon Liberated) newspaper.
In the first five months of 2014, the southern province of Binh Duong enjoyed a trade surplus of nearly US$1 billion.
China on May 29 maintained a fleet of 122 ships defending the oil rig Haiyang Shiyou-981 that it illegally placed in Vietnam’s waters, according to the Vietnam Fisheries Surveillance Department.
Australian policy experts are deeply concerned about the current tensions in the East Sea, following China’s illegal placement of its oil rig in Vietnam’s exclusive economic zone and continental shelf.
Over 15 years of implementation, the rural electrification programme has achieved impresive progress, said the Vietnam Business Forum Magazine (VBF).
National Assembly (NA) deputies gathered at a plenary session in Hanoi on May 29 to discuss the State budget balance for 2012.