Vietnam and China have sparred over competing claims in the South China Sea for nearly 50 years. But for the first time, in November 2019, Vietnamese officials publicly issued threats to initiate international legal proceedings against China—similar to the Philippine case that ended in 2016. Since November, there have been further indications that the Vietnamese government is quite serious, despite the limited success enjoyed by the Philippines when it invoked the law. In this post, I will address two questions on this issue: What motivates the Vietnamese government to consider this step at this time? And what can Vietnam gain?
FlashNews:
SSI Partners with Tether, U2U Network, and AWS to Build Vietnam’s Digital Financial Infrastructure
Vietnam to drive high-tech startups with new incentives | TOMOYA ONISHI – Nikkei Asia Review
Should Vietnam Take China To Arbitration Over the South China Sea? – By Mark J. Valencia | Lawfare
Reuters: Vietnam warns Chinese bomber on disputed islands in South China Sea ‘jeopardises peace’
Semiconductors Market in Vietnam by Device and Application Forecast and Analysis 2020-2024
Shropshire students raising funds to support bomb removal in Vietnam | By Lisa O’Brien – Shropshire Star
Forbes: Vietnam’s Richest Man Sees Interim Earnings Drop 60% As His Conglomerate Retreats From Retail
The Diplomat: What Does Vietnam Think About America’s Indo-Pacific Strategy?
WB expert: “Vietnam must boost new drivers of growth to avoid the COVID-19 economic trap”
Explainer: COVID-19 strikes back in virus-free Vietnam | Reuters
Lawfare: Vietnam Threatens China with Litigation over the South China Sea | By Peter Dutton
CNA: Vietnam welcomes US rejection of China’s claims in South China Sea
Naver Signs MOU with HUST of Vietnam to Foster AI Talent | Business Korea
15 Japanese firms opt for Vietnam after China
Oxford Economics: Vietnam to see quick rebound, 2.3% growth in 2020
Nikkei: Vietnam blocks new airlines until 2022 despite market duopoly
Reuters: Vietnam’s Vingroup says produces first 5G smartphones under Vsmart brand
AFP: Vietnam opens world’s first ‘gold-plated hotel’
Reuters: Vietnam, Philippines denounce China military drills in disputed waters
Author: Editorial Board (Editorial Board)
CNA: Vietnam welcomes US rejection of China’s claims in South China Sea
Another source of tension between the US and China is the disputed South China Sea. Washington has described Beijing's claims to the whole area as unlawful. Vietnam has now welcomed that move.
Naver Signs MOU with HUST of Vietnam to Foster AI Talent | Business Korea
Naver announced on July 16 that it will operate an industry-academic cooperation program with the Hanoi University of Science and Technology (HUST) to foster IT talent.
15 Japanese firms opt for Vietnam after China
Under a scheme in which the Japanese government will fund a production shift from China, 15 Japanese firms have registered to move to Vietnam.
Oxford Economics: Vietnam to see quick rebound, 2.3% growth in 2020
With an expected recovery in the second half of the year, Oxford Economics' forecast is for gross domestic product growth of 2.3 per cent in 2020 -- slowing from 7 per cent in 2019 -- followed by 8 per cent growth in 2021.
Nikkei: Vietnam blocks new airlines until 2022 despite market duopoly
HANOI -- Vietnam plans to freeze approval for new entries to the airline industry until 2022, a move that threatens to solidify the virtual duopoly already in place.
Reuters: Vietnam’s Vingroup says produces first 5G smartphones under Vsmart brand
HANOI (Reuters) - Vietnam’s VinSmart, a unit of Vingroup, has produced its first 5G smartphones in cooperation with the U.S.’s Qualcomm, Vingroup said on Monday.
AFP: Vietnam opens world’s first ‘gold-plated hotel’
There's five-star bling on offer at Vietnam's Dolce Hanoi Golden Lake hotel, which claims to be the world's first gold-plated hotel. Everything from the bathtub to the coffee cups is plated in 24-carat gold at the new establishment, which also features a gold-plated infinity pool on the roof.
Reuters: Vietnam, Philippines denounce China military drills in disputed waters
HANOI/MANILA (Reuters) - Vietnam and the Philippines on Thursday criticised China’s holding of military drills in a disputed part of the South China, warning it could create tension in the region and impact Beijing’s relationship with its neighbours.
IMF: Vietnam’s Success in Containing COVID-19 Offers Roadmap for Other Developing Countries
The father of the Vietnamese nation, Ho Chi Minh, once noted that: “The storm is a good opportunity for the pine and the cypress to show their strength and their stability.” Vietnam has so far shown strength and stability in weathering the COVID-19 storm, and offers a successful example of how a developing country can fight a pandemic.