Authors: Wang Li & Do Quynh Anh
To most scholars who are obsessed with the realist doctrines, China and Vietnam can’t maintain mutually trusted relationship in view of historical memories and geopolitical concerns. Even Henry Kissinger argued that “with the fall of Saigon in 1975, the inherent and historic rivalries between the two communist states burst into the open, leading to a victory of geopolitics over ideology.
The Secretary-General of ASEAN H.E. Le Luong Minh took part in the APEC and ASEAN Informal Dialogue under the theme “Partnering for New Dynamism for a Comprehensively Connected and Integrated Asia-Pacific”, held on 10 November 2017 in Da Nang, Viet Nam, on the sidelines of the 25th APEC Economic Leaders’ Meeting.
The Asian Development Bank’s (ADB) Board of Directors has approved $170 million in loans to help the Government of Viet Nam upgrade urban infrastructure and address climate change, benefiting about 116,000 households in Hue, Vinh Yen, and Ha Giang.
The impact of US withdrawal from Paris agreement can be seen in Pacific region. It will hamper the efforts of mitigating climate change threats in South East-Asia. The decision of President Trump to withdraw and called this agreement as unjust which is imposing the strict rules and regulations on American workers and the business community.
In what is slated to become Vietnam’s largest graft case in history, nearly 50 elite bankers are on trial in Hanoi for alleged graft and mismanagement in a joint stock bank that led to losses worth $69 million. Among those accused are Ocean Bank’s former chairman and general manager.
The American Backstory
China has been the largest buyer of Russian arms and technology for years, followed by India. The conflict in South China Sea (SCS) over islands and military infrastructure Beijing has put in place there is bringing together the military allies Russia and China on firmer footing than ever before in years after the Cold War.