OUR SEA NEIGHBORS: Vietnam, 2024

October 15, 2024: Vietnam and China sign 10 Agreements to boost Ties

China's Premier Li Qiang visited Vietnam recently and met with the Vietnamese Prime Minister Pham Minh Chinh. Both Sides also signed a total of 10 Agreements, among which includes a Technical Plan to Link their Railway Systems from the Lao Cai Province in Vietnam and the Yunnan Province in China. 

Another Agreement covered the implementation of a common Cross-Border Payment Services System using Quick Reaction (QR) Codes for both Sides. An Agreement to study a Model for an "Economic Cooperation Zone" between the two Countries was also signed.

Notice that despite their Territorial Disputes, Vietnam still insists on keeping very close ties with China. 

Here is the Link to the Article at The Manila Times Website: https://www.manilatimes.net/2024/10/14/world/asia-oceania/vietnam-china-to-boost-ties/1983707

SOURCE: Vietnam, China to boost Ties {Archived Link}

October 13, 2024: Donald Trump to invest Usd 1.5 billion to build a Luxury Resort in Vietnam

The United States (US) Presidential Candidate Donald Trump recently announced that his Hotel Group will develop a Usd 1.5 billion Luxury Resort and Golf Course Project in Vietnam. The Golf Complex will reportedly feature a 54-hole Course and Residential Villas and will be located just outside the Vietnamese City of Hanoi. 

Meanwhile, US Businessmen continue to ignore the Philippines when it comes to major Investments, despite the proud Pro-US and Anti-China Foreign Policy of the current Administration. Vietnam, on the other Hand, maintains very close ties with China despite their Territorial Disputes with them

Here is the Link to the Article at The Manila Times Website: https://www.manilatimes.net/2024/10/13/sports/trump-eyes-15-billion-golf-project-in-vietnam/1983520

SOURCE: Trump eyes $1.5-billion Golf Project in Vietnam {Archived Link} 

July 14, 2024: China-Vietnam Trade expected to hit Usd 200 billion in 2024

Un-fakking-believable, can you imagine that, Trade between China and Vietnam is expected to hit USD 200 BILLION this Year of 2024. It was already at Usd 172 billion last Year of 2023.

In contrast, the Trade between our supposed “Ally”, the United States (US), and our Country the Philippines was at only Usd 22.3 billion in 2022. ‘Kaya laging KULELAT ang Bansa natin kahit sa Timog Silangang Asya man lang kasi kung ano-ano ang inaatupag kesa KAUNLARAN at PROGRESO ...’ (The Reason why our Country is a TAILENDER even in South East Asia only because we prioritize foolish Things instead of DEVELOPMENT and PROGRESS ...) 

SOURCES:

* Vietnam's Trade with China expected to hit 200 bln USD {Archived Link}

* Philippine-United States (US) Trade 2022 {Archived Link}

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