Yesterday over 1,000 Vietnamese protesters marched through the center of Ho Chi Minh City, rallying against what they say is China's domination in the South China Sea.

Protesters at the Chinese Embassy in Hanoi numbered in the hundreds.  

Vietnam reported that late last month that Chinese ships sliced cables on a PetroVietnam survey ship.

China is vying with its historical tributary state and several other nations in the region for control of one of the world's busiest shipping lanes and what is believed to be vast oil reserves.

The People's Republic estimates that there are well over 200 billion barrels of oil beneath the South China Sea.

And China is in a crunch for natural resources to fuel its ever-growing economy.

China Daily recently reported that the People's Republic is slated to experience a major energy crisis later this year, as a severe drought has greatly hindered hydropower production.