• Reuters


State-run Vietnam Oil and Gas Group (PetroVietnam) said Tuesday that tensions in the South China Sea will hurt its offshore exploration and exploitation activities this year.

“The East Sea is forecast to continue to have uncertainty this year … affecting the company’s efforts to attract foreign investors to invest in its open offshore fields,” PetroVietnam said in a statement on its website, using the Vietnamese name for the South China Sea.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.