Beijing said last week two American warships sailed near disputed islands in the South China Sea without permission, prompting the Chinese Navy to ask them to leave. The ships entered waters adjacent to Gaven and Chigua reefs in the Spratly Islands, which Beijing calls Nansha, on May 6, China's foreign ministry said. Speaking on the sidelines of a maritime security conference in Singapore, Admiral John Richardson said Washington will continue such operations which are aimed at ensuring freedom of navigation. The U.S. will however ensure that communications with Beijing remain open to prevent any untoward incidents, he added. "I really value the channel of communication that I have with Shen Jinlong," he told reporters, referring to his Chinese counterpart. "We just recently visited China, we had a chance to get to know each other, understand each other more thoroughly. "We can continue to advocate that while we may not see things the same in all parts of the world, we've got to work … [Read more...] about US navy chief does not want China tensions to ‘boil over’
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The Hanoitimes - One of the reasons making Vietnam a key partner of the US is its well-equipped army with the import of advanced weapons over the past years. Washington looks to send second aircraft carrier to Vietnam this year How Vietnam, US heal wounds of war to build up comprehensive partnership? Vietnam, US look to advance maritime security ties Vietnam, US share views on regional peace maintenance Vietnam, US discuss settlement of disputes in East Sea US Assistant Defense Secretary for Indo-Pacific Security Affairs Randall G. Schriver once affirmed that Vietnam has appeared to be a valued partner for Washington in the Indo-Pacific region. Vietnamese Defense Minister Ngo Xuan Lich and US Defense Secretary James Mattis on the sidelines of Shangri-La Dialogue 2018 in Singapore in June 2018. Photo: AP The senior official discussed the US-Vietnam strategic cooperation during a panel at the Center for Strategic and International Studies (CSIS) in … [Read more...] about Why does the US consider Vietnam an important Indo-Pacific partner?
VietNamNet Bridge - Vietnam is economically lagging behind other countries in the region and in the world. There is a big gap in GDP per capita between Vietnam and other countries, which makes it difficult for Vietnam to catch up with them. The core of the doi moi (renovation) in Vietnam is the shift from single-ownership into a multi-ownership economy, where the central planned regime no longer exists. The 1987 Law on Foreign Investment, the 1990 Corporate Law & the Law on Private Enterprises, and the 1999 Enterprise Law have encouraged the development of Vietnam’s private economic sector. One of the revolutionary viewpoints of the 1999 Enterprise Law was that ‘people can do anything that are not prohibited by the laws’, rather than ‘people can only do the things allowed by the laws’, which was one of the major reasons hindering economic development in many decades before. Soon after the Enterprise Law took effect, the then PM Phan Van Khai set … [Read more...] about Why does Vietnam lag behind?
Viet Nam News Trần Ngọc Hùng, chairman of the Việt Nam Construction Association, speaks to Việt Nam News Agency about key reasons for the delays in the renovation of old living quarters in Hà Nội. How do you evaluate the national programme to renovate old living quarters? The national programme to renovate old living quarters was launched more than 10 years ago, but its implementation has been very slow. As a consequence, its results have been limited. According to the latest report, some 25 percent of the old living quarters have been described as “very dangerous.” They could collapse at any time and the lives of people living in these building are at risk. What are the main factors preventing the programme from following its approved plan? The Government’s policy is totally right, yet specific guidelines and solutions to implement the policy have not been translated into real life. I should say the implementation of the … [Read more...] about Why does renovation of old living quarters proceed so slowly?
China says it does not want U.S. trade frictions to escalate China's Ministry of Commerce spokesperson Gao Feng attends a news conference in Beijing, China April 6, 2018 – PHOTO: REUTERS BEIJING (REUTERS) - China’s Commerce Ministry said on Thursday that the country does not want an escalation of trade frictions with the United States, and that some specific progress was made in the latest round of talks that concluded over the weekend. China has said that it is willing to increase imports from America as part of negotiations to reduce the United States’ US$375 billion goods trade deficit with the world’s second-largest economy and defuse broader commercial tensions. Sources have told Reuters that President Donald Trump has discussed with trade advisors a Chinese government offer to import an extra US$70 billion in U.S. agricultural and energy commodities, but it is unclear if such a deal would be enough to avert a trade war. Trump has threatened … [Read more...] about China says it does not want U.S. trade frictions to escalate