Vietnam steadfastly resolves to find a non-violent and peaceful solution to the East Sea territorial dispute that is amenable to both sides, Deputy Minister of Foreign Affairs Bui Thanh Son has said.  

China, with its huge population of 1.4 billion, may lack food in the near future, which could give Vietnam an opportunity to gain superiority in rice trading with China. But recent tensions in the East Sea have raised concerns that Vietnamese rice sales are in danger.  

Shipping firms have become more cautious about travelling in the disputed East Sea area, while high-ranking officials fear a decline in the aviation market.

Bilateral trade between Viet Nam and the United States will probably reach US$33.6 billion in 2014; of this figure, $28.1 billion will come from Vietnamese exports.

Tran Xuan Gia was recognized by state management agencies as president of Asia Commercial Bank (ACB), but this was on paper only. The real influential figure was Nguyen Duc Kien, dubbed “Mogul Kien”, who has been prosecuted for his economic crimes.

The National Assembly (NA) Legal Committee at the NA session in Hanoi on Saturday approved in principle a proposal for allowing overseas Vietnamese, locally known as Viet Kieu, foreign organizations and individuals to own homes in the country.