Under the sea games

Spokeswoman of the Vietnamese Ministry of Foreign Affairs Le Thi Thu Hang. (Photo: VNA) Answering a reporter's query on Vietnam’s reaction to the live-fire drills conducted by Taiwan on June 28 and 29, Hang said the exercises seriously violated Vietnam’s territorial sovereignty over the Truong Sa archipelago; threatened peace, stability, safety and security of navigation; induced tensions and complicated the situation in the East Sea. She stressed that Vietnam's stance on Taiwan's live-fire drills in the waters around Ba Binh island belonging to Vietnam's Truong Sa archipelago is clear, consistent and affirmed over the past years. Vietnamplus … [Read more...] about Vietnam opposes and demands Taiwan to cancel live-fire drills on Ba Binh island

Addressing the event, Deputy Foreign Minister Pham Quang Hieu underlined that the passing of the United Nations Convention on the Law of the Sea (UNCLOS) 1982 40 years ago was a historical milestone in the development of international law, becoming the first comprehensive legal framework and a “constitution” of the sea. The convention has proved its universal values, he said, adding that to date, it continues to play a fundamental role in the development of international law of the sea, promoting peace, security, cooperation among nations, and the sustainable development of the oceans and seas. Hieu affirmed that over the past 40 years, the legal order set up following the UNCLOS has greatly contributed to maintaining peace and international stability. The peaceful settlement of disputes at sea in line with international law, therefore, has been promoted. In the face of increasing maritime challenges, the international community should uphold the rule of law and comply in good … [Read more...] about UNCLOS greatly contributes to enhancing regional maritime cooperation: experts

"It is a serious violation of Vietnam's territorial sovereignty over the Spratly Islands, threatens peace, stability, safety, and maritime security, and escalates tensions and complicates the situation in the South China Sea," Ministry of Foreign Affairs spokeswoman Le Thi Thu Hang told the media Saturday. Taiwan announced there would be live-fire drills in Itu Aba, known as Ba Binh in Vietnam, on June 28 and 29, and said vessels should stay away from the area. Hang said Vietnam's stance for years has been that it opposes Taiwan's live-fire exercises in the sea around Ba Ninh and Taiwan should stop its illegal actions. Vietnam has full legal basis and historical evidence to assert its sovereignty over the Spratly and Paracel Islands in accordance with international law, she pointed out. … [Read more...] about Vietnam tells Taiwan to desist from live-fire military exercises near Spratlys

Ascend Vietnam Ventures has exceeded its US$50 million target for its flagship early-stage venture capital fund, AVV Alpha. Ascend Vietnam Ventures (AVV), the fund led by Binh Tran and Eddie Thai, is seeking the next wave of globally iconic startups emerging from Vietnam. Eddie Thai is speaking at a growth event for founders. Photos: AVV The team has increased its investments in startups in Vietnam, seeding up to US$2 million into 25 startups next year and following on with checks of up to $5 million. With the new fund, AVV has been exploring a broad range of tech opportunities including those in financial inclusion, education, and future of work. AVV Alpha is backed by a mix of investors from Asia, Europe, and the US, including development finance institutions, funds, corporate VCs, and high-net-worth individuals from leading local and regional companies. It has picked ten startups in the past nine months, including Kilo (SaaS & wholesale … [Read more...] about Ascend Vietnam Ventures seeks building global startups in Vietnam

The nation resolutely opposes and demands Taiwan to cancel its live-fire exercises in the waters around Ba Binh island belonging to Vietnam's Truong Sa (Spratly) archipelago and not to repeat similar actions in the future. Spokeswoman of the Vietnam Ministry of Foreign Affairs Le Thi Thu Hang Spokeswoman of the Vietnam Ministry of Foreign Affairs Le Thi Thu Hang made the statement in reply to reporters’ query on Vietnam’s response to the live-fire drill conducted by Taiwan from June 28-June 29. Vietnam's stance towards Taiwan's live-fire in the waters around Ba Binh island belonging to the Spratly archipelago is clear, consistent and has been affirmed for many years, Hang went on to say. The action seriously violates Vietnam’s territorial sovereignty over Truong Sa, threatens peace, stability, safety and security of navigation, induces tensions and complicates the situation in the East Sea, she added Vietnam resolutely objects to and demands Taiwan end the … [Read more...] about Vietnam raises resolute objection to Taiwan’s illegal live-fire drill

Vice President Vo Thi Anh Xuan (left) meets President of the Philippines Ferdinand Romualdez Marcos Jr on July 1  . (Photo: VNA) Hanoi (VNA) – Vietnamese Vice President Vo Thi Anh Xuan on July 1 had a meeting with President of the Philippines Ferdinand Romualdez Marcos Jr as part of her visit to the country to attend the latter's swearing-in ceremony. Vice President Xuan conveyed congratulations from President Nguyen Xuan Phuc and Vietnamese leaders to the Philippine President. The Vice President expressed her belief that with his rich experience and determination to bring practical benefits to the people during his presidency, President Marcos will lead the Philippines to develop prosperously and affirm the country’s important role and position in the region and in the world. She also conveyed a letter from President Nguyen Xuan Phuc inviting President Marcos and his wife to visit Vietnam soon. The Philippine President thanked Vice President Xuan and the Vietnamese … [Read more...] about Vietnamese Vice President meets with foreign leaders in Philippines

The 26th ASEAN-RoK dialogue was held in Seoul on July 1. (Photo: VNA) Seoul (VNA) – The Republic of Korea (RoK) affirmed the importance it attaches to relations with the Association of Southeast Asian Nations (ASEAN) during the 26th ASEAN-RoK dialogue in Seoul on July 1. The RoK’s Deputy Minister of Foreign Affairs Yeo Seung-bae and Ambassador Vu Ho , acting Head of ASEAN SOM Vietnam, co-chaired the event, the first in-person dialogue between ASEAN and a partner after a two-year hiatus due to the COVID-19 pandemic. The two sides reviewed their relationship, outlined cooperation orientations and compared notes on regional and international issues. The RoK said it backs ASEAN’s centrality and pledged to coordinate with the bloc in implementing the ASEAN Outlook on the Indo-Pacific through practical cooperation programmes and activities. The country spoke highly of ASEAN’s contributions to peace, cooperation and prosperity in the region over the past years, saying … [Read more...] about RoK attaches importance to relations with ASEAN