日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
World / Asia-Pacific

Riots dampen country's investment climate

By Zhang Jianhua in Hanoi (China Daily) Updated: 2014-05-23 07:12

Wen Yong, a Chinese businessman in Vietnam's southern Binh Duong province, recalled the horror on May 13 when anti-China riots broke out there.

"I could only speak in a low voice. We called the police, but it seemed they wouldn't come very soon," he said.

Wen, who owns the Yong Hao Shoe Co in Binh Duong province, was one of the many Chinese investors caught up in the riots.

Wen and other Chinese staff were hiding in the company's upstairs office, as the downstairs office was already strewn with broken glass and smashed furniture.

"Nearly 20,000 people were rioting. Police used rubber bullets and tear gas but failed to control the crowd," Wen said.

Security forces had been deployed to Ho Chi Minh City to protect the country's economic hub, leaving Binh Duong out of control, he said.

"Any Chinese here?" a mobster asked the Vietnamese employees who stayed downstairs. "No, they've already fled," came the answer from the employees, and Wen breathed a sigh of relief.

Wen, who arrived in Vietnam 10 years ago from Jiangxi province, couldn't have imagined that his business would be attacked three times on May 13.

The riots in central and southern Vietnam have tarnished the country's image as a safe investment environment.

Since opening its doors to foreign investors, Vietnam has offered preferential land and tariff policies to attract foreign investment. After entering the World Trade Organization in 2007, foreign investment in Vietnam hit a peak of $71.7 billion in 2008, but that fell after the outbreak of the global financial crisis.

In 2013, Vietnam attracted $21.6 billion in foreign direct investment, up 54.5 percent year-on-year thanks in part to China's industry upgrade.

Taking the textile industry as an example, Vietnam's 600 garment and textiles companies earned more than $20 billion from exports in 2013, up 18.5 percent year-on-year, creating 5 million direct and 2.7 million indirect jobs, government figures show.

But during the riots, Chinese companies suffered the most.

Reporters learned that on May 13 alone, at least 19 Chinese companies were burned down - 15 of them in Binh Duong.

In addition, 10 companies from Japan, 55 from South Korea and some Singaporean companies were also damaged and forced to close.

Preliminary estimates show the direct losses of Taiwan-funded enterprises in Binh Duong and its neighboring provinces reached hundreds of millions of dollars, rising to billions if indirect losses are counted.

Formosa Plastics Group from Taiwan had planned to invest $23 billion in Vietnam's central Ha Tinh province, but riots there cost it $3 million, and losses from construction delays are far larger.

The riots have also affected the country's economic situation. The conglomerate's investment in Ha Tinh contributes nearly half the province's tax budget.

When Xinhua reporters arrived in Ha Tinh on May 18, order had been restored but the Vung Ang economic zone appeared unusually quiet.

Several sand and gravel plants along the road from Ha Tinh to Nghe An province were still shut; shops were closed; and there were few cars.

Formosa Plastics has claimed $3 million in compensation for property damage.

Other Taiwan enterprises in Binh Duong and neighboring provinces have also claimed damages of hundreds of millions of dollars, or $1 billion if indirect damages are included.

Vietnam is considering reducing land and corporation taxes and providing preferential loans among other measures to compensate enterprises affected by the riots.

"We don't want those. What we want is cash," a businessman from Taiwan said.

Wen, the shoe company owner, told Xinhua that "if there is any feeling of insecurity again, we will not be able to continue" to invest in Vietnam.

On May 14, Vietnamese authorities threatened to use live ammo to disperse the rioters. Wen and other Chinese staff then left Binh Duong for Ho Chi Minh City.

"I have to send them to Ho Chi Minh first, then come back to deliver wages for the employees, or they would think that I left without paying them," Wen said

Zang Xiaohua, a representative of Taiwan's Allover World, expressed hope the Vietnamese authorities will strengthen security for foreign investors and their employees.

Vietnamese Minister of Planning and Investment Bui Quang Vinh early on May 16 told MPI publication Vietnam Investment Review each Vietnamese had responsibility to protect foreign investors and employees, otherwise the country's investment reputation would be hurt.

The image of a safe investment environment Vietnam had built in the past 20 years was turning very ugly, he said.

Xinhua News Agency

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 99国产精品久久久久久久成人 | 成人免费毛片aaaaaa片 | 欧美日韩a| 欧美成人综合网站 | 高h在线播放 | 污视频网站入口 | 自拍三级| 国产成人在线播放视频 | av丁香 | 久久精品国产一区二区三区 | 亚洲一区欧美二区 | 亚洲国产精品va在线看黑人 | 亚洲精品在线视频观看 | 视频一区二区中文字幕 | 操老女人逼视频 | 欧美xxxx日本和非洲 | 免费能看的黄色网址 | 国产区91| 久久深夜福利 | 久久尹人| 91网站免费视频 | 麻豆成人精品 | 天天操妹子 | 青青操网站 | 国产主播av | 成人午夜激情视频 | 亚洲小视频在线播放 | 日本一区久久 | 色婷婷精品 | 午夜精品久久久久久久99黑人 | 日韩在线视频中文字幕 | 色婷婷a| 亚洲免费在线视频 | 天天天天天天天天操 | 日韩中文免费 | 精品成人网 | 亚洲天堂男人天堂 | 五月婷婷综合色 | 亚洲国产清纯 | 四虎免费观看 | 殴美一级特黄aaaaaa |