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Vietnam hopes all countries will continue contributing positively to maintaining peace and stability on the basis of international law in the East Sea, Foreign Ministry spokesperson Le Thi Thu Hang said at a press meet Thursday. In Vietnam, the South China Sea is called the East Sea. Hang said maintaining peace, stability, order, security, safety, freedom of navigation and overflight, obeying the law, respecting sovereignty, sovereign rights and jurisdiction of countries along the East Sea in accordance with the 1982 United Nations Convention on the Law of the Sea (UNCLOS) should be the common goal, interest, responsibility and aspiration of all concerned states as well as the international community. "The activities of all countries in the East Sea need to contribute to this common goal. As a responsible member of the international community and a member of UNCLOS, Vietnam abides by the convention's provisions, including regulations relating to maritime and aviation operations in the sea area that have been set up in accordance with the convention," she added. The destroyer USS John S. McCain on February 5 sailed near Vietnam's Hoang Sa (Paracel) Islands in the East Sea in a freedom of navigation operation, marking the first such mission under President Joe Biden’s new administration. On February 17, U.S. destroyer USS Russell conducted another freedom of navigation operation, sailing near Vietnam's Truong Sa (Spratly) Islands. Washington has denounced what it calls Beijing’s attempts to bully neighbors with competing interests; and China has similarly denounced what it calls U.S. efforts to foment unrest in the region and interfere in what it regards as its internal affairs. The recent actions suggest that the Biden administration is not about to scale back operations challenging Beijing’s claims after the ramp-up seen during the Trump administration, analysts have noted. China seized the Paracel Islands from South Vietnam by force in 1974, and has …

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In an effort to avoid gatherings amid the Covid-19 pandemic, the Buddhist Sangha of Vietnam (BSV) has told some pagodas to accept online donations and offerings via e-wallet. Most Venerable Thich Duc Thien, BSA’s Vice President and General Secretary. Most Venerable Thich Duc Thien, BSA’s Vice President and General Secretary, on February 23 met with the press to explain the plan to allow people to offer donations and make offerings via e-wallet, which began during the Tet holiday. In recent days, some pagodas have begun doing so. This has raised concern among Buddhists that this might be a scam in the 4.0 era. What do you think about this? The Vietnam Buddhist Sangha has released documents guiding Buddhists and pagodas to have the anti-epidemic spirit at the highest level and ensure that spiritual needs are satisfied during the spring festival, which is a long standing traditional culture of Vietnamese people. The Vietnam Buddhist Sangha implemented online Lunar New Year peace praying ceremony and many pagodas organized online prayers well. Many pagodas plan to organize peace praying programs on the 15th day of the Lunar New Year. The Vietnam Buddhist Sangha, via its social network, has opened a portal to take registrations for online peace praying. The Vietnam Buddhist Sangha believes that praying for peace is what everyone wishes for. Together with praying for peace, people may want to offer donations. This is voluntary. In an effort to avoid gatherings, the Vietnam Buddhist Sangha decided to create conditions for Buddhists to offer donations via e-wallet. This has been piloted at some pagodas. To date, 12 pagodas have accepted online donations and offerings. Some scammers could counterfeit pagodas’ websites to get donations. What should be done to prevent this? Accepting donations via an app is a method to prevent scams. E-wallet service providers will serve as the filter. We plan to release a document to inform the executive …

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The head of government also asked localities in key economic regions to strive to become magnets for major foreign corporations and receive re-directed regional and global flows of investment so as to translate the challenges presented by the coronavirus into opportunities. According to the Ministry of Planning and Investment, foreign firms in the fields of IT and high technology, electronics and e-commerce, consumer goods and retail sales and logistics are seeking to relocate their investments. Multinational companies are speeding up the process of diversifying their investment destinations, relocating their manufacturing bases, expanding their business and implementing new projects, and Vietnam has been earmarked as a safe potential destination for such a shift. But the opportunity is not only for Vietnam as other countries in the region are also working aggressively to attract high-quality investment during this relocation. If Vietnam acts slowly, it will miss out on the opportunity. The advantages of a safe investment climate, cheap labour and tax incentives are not enough now to attract foreign investors. In this new period, Vietnam must introduce more competitive policies so as to attract major multinational companies, which possess advanced technologies and are also environmentally friendly. The establishment of the special working group on attracting FDI is a shift in the approach to of seizing on such opportunities. Instead of waiting for foreign investors to visit Vietnam and learn about the business environment, the working group will proactively make plans to see what foreign investors need for their investment so that Vietnam can take appropriate actions to bring the benefits to both sides. In other words, the working group’s task is to proactively look for high-quality capital and attract world-class firms in order to change Vietnam’s economic structure and assist the country with its scientific and technological development in the future. …

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