Vietnam remains “attractive” and “friendly” in foreign investors’ eyes

Source: Pano feed

VietNamNet Bridge – Foreign investors say they consider the riots triggered by disruptive elements some days ago to be unfortunate incidents, but affirm that they do not intend to leave Vietnam, which they still find “attractive” and “friendly”.


Nearly all the foreign invested enterprises affected by the riots some days ago have resumed their normal operation.

Nearly all the foreign invested enterprises affected by the riots some days ago have resumed their normal operation.



Chau Vi Chi, Marketing & Business Director of Asama, a Taiwanese-invested enterprise, said he maintains daily contact with the company’s general director, who is now in Taiwan and repeatedly affirms that he will not leave Vietnam.



“He said he returned to Taiwan amid the current uncertainties, but he will not abandon his business in Vietnam,” the director said. “He said he shares sympathy with the government of Vietnam and he cannot abandon his workers”.


Tran Quang Vinh, the representative of the Dai Dang Industrial Zone, said 30 enterprises there have resumed their operation after the incidents, while 80 percent of foreign-invested enterprises are expected to complete repairs of their damage this week and be able to resume normal operation.


The managers of Taiwanese- and Malaysian-invested Power Joy Vietnam, and South Korean-invested Kumho Electric Vina have said they now feel completely secure as the extremist elements have been arrested.


“We have confidence in the promises of the Vietnamese leaders, from the central agencies to local authorities, that they will create the most favorable conditions for foreign-invested enterprises to do business in Vietnam,” the representative from Power Joy Vietnam said.


Hoang Ngoc Hinh, Personnel Director of Thong Dung Shoes Company, a Taiwanese-owned enterprise in the Song Than 1 Industrial Zone, said that while the company suffered some damage, it sympathizes with the local authorities.


“The workers were on the company’s side. They filmed the actions of the bad actors, which provided important evidence for the police in helping them make arrests,” Hinh said.


Wu Ten, President of Song Tian Tong Company, said: “We don’t want our workers to lose their jobs. Please help us go through the procedures for importing materials quickly so that we can start our production soon”.


Meanwhile, Kyu Hwa Lee, President of Han Sung Vietnam, a 100 percent South Korean-invested enterprise in the Dat Cuoc Industrial Zone, said he would inform other businessmen about the situation and tell them to return to work, as the provincial authorities have promised to ensure public order.


Local authorities have made strong commitments to protect investors’ assets. “We have been doing everything necessary to be sure that no enterprise suffers,” stated Tran Thanh Liem, Deputy Chair of the Binh Duong Provincial People’s Committee.


Liem has instructed district officials to calculate the damages incurred by enterprises in the riots, affirming that the government will apply the necessary policies to help the businesses regain their normal operation.


Chair of Binh Duong province Le Thanh Cung said the bosses of the affected Taiwanese- and Chinese-invested enterprises, who left after the riots, have confirmed they will return to Vietnam this Monday or Tuesday.


A report of the local authorities disclosed that the riots have affected 25,000 workers. Bui Huu Phong, Director of Binh Duong Provincial Social Insurance, said workers will receive unemployment allowances.


Tien Phong




Đăng ký: VietNam News