PetroVietnam ex-chairman held on suspected fraud-police
Police in Vietnam said on Tuesday they had detained the recently ousted chairman of state oil and gas company PetroVietnam on suspicion of fraud while he was leading the banking unit of conglomerate Ocean Group. The country's economic police department said in a statement on the police website Nguyen Xuan Son…
Gazprom to Acquire Vietnam Refinery Stake
Russia's Gazprom Neft, the oil arm of top global gas producer Gazprom, said on Monday it planned to purchase 49 percent of the operator of Vietnam's Dung Quat refinery, the country's sole oil processing facility. It has also agreed to step up cooperation in the broader energy…
Vietnam, Australia Call for South China Sea 'Restraint'
Vietnam and Australia called on Wednesday for "self-restraint" in the South China Sea and warned against the unilateral use of force, an obvious reference to China's increasingly aggressive presence that has stirred concerns across the disputed region. Vietnamese Prime Minister…
China, Vietnam to Address Maritime Disputes
Senior Chinese and Vietnamese officials have agreed to settle their maritime disputes without resorting to "megaphone diplomacy", the official Xinhua news service said on Saturday. The agency's report follows a meeting in Hanoi on Friday between Chinese political advisor Yu Zhengsheng and Vietnamese Prime Minister Nguyen Tan Dung…
China, Vietnam Pledge Maritime Cooperation
China and Vietnam have agreed to "address and control" maritime disputes, state media said on Friday, as differences over the potentially energy-rich South China Sea have roiled relations between the two countries and other neighbors. Ties between the Communist countries sank…
China Scolds Vietnam over China Sea Rig Row
China's top diplomat scolded Vietnamese officials during talks in Hanoi on Wednesday for "hyping up" a row over a Chinese oil rig drilling in disputed waters in the South China Sea, in tough comments that suggest relations will remain rocky. State Councilor Yang Jiechi also told…
Top Chinese diplomat Meets Vietnamese Officials
China's top diplomat began a round of meetings with Vietnamese officials in Hanoi on Wednesday as the two countries try to repair a rupture in ties over China's positioning of an oil rig in disputed waters early last month. But many obstacles remain to resolving one of the worst…
China Never To Send Military To Oil Rig Spat With Vietnam
A Chinese official said on Friday that China will never send military forces to the scene of an increasingly ugly spat with Vietnam over an oil rig in the South China Sea and accused Hanoi of trying to force an international lawsuit. A senior U.S. Scores of Vietnamese and Chinese ships…
China: No Military Force to Settle Oil Rig Spat
A Chinese official said on Friday that China will never send military forces to the scene of an increasingly ugly spat with Vietnam over an oil rig in the South China Sea, and accused Hanoi of trying to force an international lawsuit. China claims about 90 percent of the South China Sea…
Xi Says China Won't Stir Trouble In South China Sea
Chinese President Xi Jinping has vowed not to stir up trouble in the South China Sea but said China would react "in the necessary way" to provocations by other countries, the official Xinhua news agency reported. The comments come at a time of deep tension between China and Vietnam over Beijing's…
China Warns Japan, Philippines Chastises China
China warned Japan on Friday to stay out of a growing dispute with its neighbors over the South China Sea, as the Philippines implicitly accused Beijing of delaying talks aimed at a solution. China claims almost the entire South China Sea, rejecting rival claims to parts of it from Vietnam…
White House Supports Legal action in South China Sea Dispute
The White House said on Thursday it would support the use of legal action by Vietnam against China to resolve a dispute after the deployment of a Chinese oil rig to disputed waters in the South China Sea. Vietnamese Prime Minister Nguyen Tan Dung said, in comments to Reuters,…
Vietnam Considers Legal Action Against China
Vietnam says will "resolutely defend its sovereignty." China says Vietnam making "irresponsible accusations" against it; Philippines submitted arbitration case against China in March. Vietnamese Prime Minister Nguyen Tan Dung said his government was considering various "defence options" against China…
Vietnam PM: Chinese Oil Rig Threatens Peace
China's positioning of its biggest mobile oil rig in disputed waters in the South China Sea seriously threatens peace, stability, and maritime safety, Vietnam's prime minister said on Wednesday, urging the international community to condemn Beijing's action. Nguyen Tan Dung held…
Vietnam Stops Anti-China Protests After Deadly Riots, China Evacuates
Vietnam flooded major cities with police to avert anti-China protests on Sunday in the wake of rare and deadly rioting in industrial parks that deepened a tense standoff with Beijing over sovereignty in the South China Sea. China has evacuated more than 3,000 nationals following…