A Party resolution dated October 22, 2018 on the strategy for the sustainable development of Vietnam’s marine economy by 2030 and vision to 2045 sets a target that sea-based industries are to contribute about 10 percent of GDP, while the economy of the 28 coastal cities and provinces are to make up 65-70 percent of the country’s GDP. … [Read more...] about Vietnam’s policies on East Sea issues
East sea court
US backs international law compliance in South China Sea
"I think one issue that was common to both countries is a commitment to support our allies in ASEAN, our friends, and partners in the region, that the U.S. will stand behind them as they promote international law, the rule of law when it comes to the South China Sea," U.S. national security adviser Robert O’Brien said in a Monday teleconference from Manila. … [Read more...] about US backs international law compliance in South China Sea
Vietnam calls for respect for international law as US ships sail near Spratly Islands
"As a party to the 1982 United Nations Convention on the Law of the Sea (UNCLOS) and a nation bordering the East Sea, Vietnam always respects the rights to freedom of navigation and overflight in the East Sea in accordance with the regulations of international law, specifically UNCLOS," foreign ministry spokeswoman Le Thi Thu Hang said Thursday, using the Vietnamese name for the waterway. … [Read more...] about Vietnam calls for respect for international law as US ships sail near Spratly Islands
Vietnam takes unprecedented actions at ASEAN 2020
"So far, there has been no substantive negotiation on the COC, so it is difficult to say when this document can be finalized. We all want to accelerate this process, but we depend on goodwill as well as stance of the parties," Mr. Dung said, explaining the reasons for the slowdown of this process. … [Read more...] about Vietnam takes unprecedented actions at ASEAN 2020
Better transport connectivity for southeast region needed for unleashing full potentials: Experts
However, its ‘driver of growth’ status is under threat as the GDP growth in 2016-18 reached 6.72 per cent against the 9.08 per cent growth of the Northern Key Economic Zone, he remarked, attributing to weak connectivity between areas in the region, while ring roads and highways are insufficient or slow to implement. … [Read more...] about Better transport connectivity for southeast region needed for unleashing full potentials: Experts
