MARKETS

Vietnam issues decree against illegal oil and gas drilling

THE Vietnamese government has issued a decree against illegal energy exploration within its land and sea territory, according to state media, as the country continues to butt up against Chinese oil and gas exploration in the South China Sea.

Mark Tilly

Vietnam issues decree against illegal oil and gas drilling

The law applies to both Vietnamese and foreign nationals and entities, but does not explicitly name any particular countries or targets, despite the well-known tensions between Vietnam and its neighbour...

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