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US condemns China’s intimidation in East Sea

US national security advisor and presidential envoy Robert O’Brien on November 4 denounced Chinese intimidation to stop ASEAN nations from exploiting the offshore resources in the East Sea.

Addressing the seventh ASEAN – US Summit in Bangkok, O’Brien said China has sought to block access to oil and gas reserves worth 2.5 trillion USD there.

He also conveyed a message from President Donald Trump inviting the ASEAN leaders to join a special summit in the US in the first quarter of 2020.

The US has continuously condemned China’s violations of international law in the East Sea, including the illegal construction and militarisation of artificial entities in the East Sea, as well as hindering legal oil and gas activities in exclusive economic zones of Vietnam and other coastal countries./
VNA/VNP

Investors eye Vietnam as next FDI hub, urge clearer policy enforcement

Investors eye Vietnam as next FDI hub, urge clearer policy enforcement

According to the Ministry of Finance’s National Statistics Office, total registered FDI in Vietnam, including new registrations, capital adjustments, and share purchases, amounted to 31.52 billion USD as of October 31, a 15.6% year-on-year gain.

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