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Economy / Vietnam

Vietnam

June 2011 | Risk Summary

Vietnam has accused China of raising political tensions in the region following a territorial dispute in the South China Sea in May. Ministry of Foreign Affairs spokeswoman Nguyen Phuong Nga issued a statement saying that the Vietnamese navy will do everything necessary to firmly protect the independence, sovereignty and territorial integrity of the country. We believe that Hanoi's hard-line approach to the dispute could serve as an effective deterrence against China's assertiveness in the South China Sea. However, we warn that this could come at the risk of undermining bilateral relations over the coming

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