Vietnam PM says country not pursuing military buildup in South China Sea

Reuters

Published May 25, 2016 06:27AM ET

Vietnam PM says country not pursuing military buildup in South China Sea

HANOI (Reuters) - Vietnam Prime Minister Nguyen Xuan Phuc said on Wednesday his country was not pursuing a military buildup over the South China Sea and would seek only peaceful means to solve disputes, with no use of force.

Speaking in an interview with several foreign journalists, Phuc said the situation in the South China Sea had recently grown in complexity and Vietnam needed regional friends and strategic partners to ensure peace and no disruption of maritime trade.

Phuc, who took office last month, said a key priority for Vietnam was managing its spiraling public debt and keeping the ratio below 65 percent of gross domestic product, and maintaining annual growth of 6.5-7 percent.