Viets burn factories - Who dare to invest now?

[Force 136]

SINGAPORE: Three factories in two Singapore-run industrial parks were set on fire as Vietnamese protesters staged anti-Chinese riots on Tuesday night, the park's management said on Wednesday.

VSIP Binh Duong industrial parks 1 and 2 are managed by a unit of Singapore's Sembcorp Industries.

A VSIP spokeswoman said protesters set fire to three factories but there were no reports of casualties.

Local police have taken over the provision of security at the two parks, she added in a statement.

Anti-China mobs torched up to 15 foreign-owned factories and trashed many more in southern Vietnam as anger over the recent deployment by China of an oil rig in disputed Southeast Asian waters spun dangerously out of control, according to news reports out of Vietnam.

The unrest at industrial parks established to attract foreign investors was the most serious outbreak of public disorder in years.

- CNA/nd

 

[bakkuttay]

How much tamasick invested?

 

[Force 136]

Taiwan companies suffering big losses in Vietnam as China tensions grow

MAY 14, 2014

Taiwan companies doing business in Vietnam have lost billions of dollars as tensions mount tensions between Vietnam and China, an industry association said today.

The losses included damage to manufacturing facilities which were set on fire, including those operated by Formosa Plastics Group, said Serena Liu, chairwoman of the Council of Taiwanese Chamber of Commerce in Vietnam.

Tensions rose in the resource-rich South China Sea last week after China positioned a giant oil rig in an area also claimed by Vietnam. Each country accused the other of ramming its ships near the disputed Paracel Islands. – Reuters, May 14, 2014.

 

[Force 136]

HANOI: Anti-China protesters set more than a dozen factories on fire in Vietnam, state media said Wednesday, in an escalating backlash against Beijing's deployment of an oil rig in contested waters.

Workers looted goods and attacked offices in a rare outburst of public unrest Tuesday in the nation, which allowed mass anti-China rallies around Vietnam at the weekend.

The protesters targeted manufacturing companies that are owned or managed by Chinese as well as Chinese workers in Binh Duong province, the Vietnam Singapore Industrial Park said in a statement.

There were no reports of casualties.

Tens of thousands of workers poured onto the streets Tuesday and a small number of them began looting and attacking security guards and factory management before setting fire to at least 15 factories, the state-run VNExpress website reported.

Videos and images posted on dissident blogs showed thousands of workers, many waving the Vietnamese flag, destroying factory gates and pouring into compounds and causing widespread destruction of property.

A number of Taiwanese, Japanese and South Korean businesses have shut their plants for the day, giving workers the day off, and have hung Vietnamese flags outside their business in a bid to deter looters, VNExpress added.

Hanoi's Ministry of Public Security has deployed rapid-response riot police to the area to reinforce local security staff and prevent further unrest, VNExpress said.

"There will be serious punishment for those who abused the situation to instigate unrest," local official Tran Van Nam was quoted as saying.

Taiwan condemned the violence and said it had urged Vietnam to guarantee the safety of Taiwanese nationals in the area.

"We urge the Vietnamese people to exercise restraint and not to take violent and non-rational actions as this would affect Taiwanese businessmen's willingness to invest," Foreign Minister David Lin said.

Vietnamese police and officials contacted by AFP repeatedly refused to comment.

China and Vietnam are locked in long-standing territorial disputes in the South China Sea over the Paracel and Spratly islands, which both claim.

There have been repeated skirmishes near the oil rig in recent days involving vessels from the two countries, with collisions and the use of water cannon.

Vietnamese protesters staged multiple, large anti-China demonstrations Sunday with at least 1,000 people gathering in Hanoi and a similar-sized crowd in Ho Chi Minh City.

Experts say Vietnam's leadership has allowed some public protests to go ahead as a means of expressing extreme discontent with Beijing.

- AFP/nd

 

[Force 136]

The New York Times is reporting that the Chinese embassy in Hanoi advised Chinese people to avoid going outside unless necessary due to the continued hostilities.

A staff member at the Chutex Garment Factory north of Ho Chi Minh City said 8,000 to 10,000 workers were involved in the rampage at his factory. The staff member, who agreed to speak on condition that his name not be used, said the rioters “burned everything, all of the materials, computers, machines.”

According to the Associated Press, the protesters attacked and looted factories that they believed to be Chinese-owned, but many of them were apparently Taiwanese-owned in actuality (including the aforementioned Chutex). On Wednesday morning, men on motor cycles drove around the industrial park waving Vietnamese flags.

The incident with the factories comes on the heels of last weekend, when “Vietnam’s authoritarian government gave rare permission for street protests against China in cities across the country.”

 

[Force 136]

A fire at a factory in Binh Duong Province of a well known toilet paper and tissue producer, burnt for four and a half hours before it was put out, destroying a 5,000 square meter tissue and paper factory.

The fire started around 11 a.m. at the New Toyo Pulppy Company, which produces tissues and other paper products, in Vietnam Singapore Industrial Park (VSIP) in Thuan An District.

 

[Force 136]

Voice of America:

Protesters in southern Vietnam have set fire to several Chinese factories over Beijing's decision to locate an oil rig in waters of the South China Sea also claimed by Hanoi.

The unrest began Tuesday in southern Binh Duong province, where thousands of workers walked out of their jobs and took part in mass anti-China rallies.

Video posted on social media showed large numbers of Vietnamese in work uniforms in front of factories with Chinese names, waving national flags, honking their motorbike horns and chanting anti-China slogans.

Officials at the Vietnam-Singapore Industrial Park say at least three Chinese-owned factories were set ablaze and looted. Other reports say as many as 10 factories were attacked.

A witness, who wishes to remain anonymous, described a tumultuous scene in an interview with VOA’s Vietnamese Service.

“There are many people and it is totally chaotic. I do not know how to use words to describe it. I have not heard from the authorities so I do not know what is really going on,” said the witness.

In an unusual move, Vietnam allowed anti-China protests to take place across Vietnam over the weekend, and its tightly-controlled state media were granted permission to report on the rallies.

While the general public welcome anti-China protests as the way to express patriotism, some warn against extreme approaches that could impact Vietnam’s economy.

Economist Nguyen Quang A said nationalism is running high in Vietnam, and he cautioned the way workers reacted.

“It is those workers who will suffer the most as they damaged factories where they work. Their actions will cause investors to lose trust in the business environment in Vietnam. They might leave Vietnam, affecting its economy. Moreover, crowds of hundreds even thousands of people will spark social unrest that could be out of control,” said Nguyen.

 

[po2wq]

mor vietcong mei-mei storming 2 sinkielan! ...

 

[blackmondy]

How much tamasick invested?

You mean how much taxpayers' money wasted ?

 

[mojito]

Dont worry. We can always raise the minimum sum again or lower CPF interest.

 

[congo9]

That is why old fart commented that the stable and safe environment in Singapore is the best bet we have. But it seems that the PAP nowadays think that stability and security is normal. The way they run Singapore like a company is the most heart wrenching episode you can see. No losses and only surplus counts. Curtail your rights ..........

Anyway, ppl should consider investing in Singapore

 

[winners]

Indonesians also do similarly. I was once in Surabaya. The whole road leading to the industrial estate was blocked by the rioters and protestors. Eventually I had to spend my time shopping at MAKRO instead.

Those rioters will ride their motorcycles into the factories and whack those who are still working. So, all the workers in the factory stayed clear and hide themselves upon their arrivals. Even the security at the gate cannot control them because the security themselves are outnumbered by the large group of rioters.

 

[Sinkie]

These idiots riot..........their politicians benefit..............Vietnamese commoners are fucked dumb.

 

[ChaoPappyPoodle]

That is why old fart commented that the stable and safe environment in Singapore is the best bet we have. But it seems that the PAP nowadays think that stability and security is normal. The way they run Singapore like a company is the most heart wrenching episode you can see. No losses and only surplus counts. Curtail your rights ..........

Anyway, ppl should consider investing in Singapore

Only fools, liars and his cronies will listen to old fart. Even in war zones businesses will come to make money. These factories are insured. The only loss is the loss of jobs for the locals. The MNCs will let the chaos die out and continue to make money there. MNCs set up shop here because of our strategic geographical location. However, the greedy and know nothing but raise prices PAPzis have increased rents to such an exorbitant level that MNCs have left in droves. The PAPzis can only make money by controlling landsales and by legalizing gambling. Any idiot can also do it. You don't need to pay multi-millions of yearly salary to ONE idiot out of which the PAPzis have many to make money in Singapore.

 

[eatshitndie]

myanmar's gain. the next sweatshop.

 

[The_Hypocrite]

The viets could be shafted this time...they might run out of toilet paper and that is need not a want.

 

[looneytan]

Anti-China mobs torched up to 15 foreign-owned factories and trashed many more in southern Vietnam
- CNA/nd

Vietnamese police got hide in ambulance or not ?

 

[red amoeba]

Good like this china will have excuse to invade vietnsm

 

[Force 136]

How much of our CPF went up in flames? Only temasek or GIC can answer this ....

 

[Leongsam]

The unrest at industrial parks established to attract foreign investors was the most serious outbreak of public disorder in years.

- CNA/nd

This would not happen if the PAP was running the country.