riots

Update news riots

BUSINESS IN BRIEF 9/6

 Taiwanese firms stay put; Foreign invested companies resume business operations; Corporate governance below average in VN; Pepper exports to break annual record; Investors retain confidence in Vietnamese market

For firms hit by rioting, it's back to business as usual

 A representative from the Hong Kong Business Association was positive yesterday about Government efforts to restore business confidence after the recent rioting.

60,000 workers affected after by Binh Duong riots

 VietNamNet Bridge – The Social Insurance Agency of Binh Duong Province has found itself having to pay social benefits to a record number of workers.

260 prosecuted for destroying factories in Binh Duong

 VietNamNet Bridge - For the first time, the police of Binh Duong Province have found themselves handling a case with hundreds of suspects, who are expected to be put on trial as soon as possible.

PM instructs urgent support for foreign firms after riots

 VietNamNet Bridge - Businesses affected by the disturbances in Ha Tinh, Binh Duong and Dong Nai will have their taxes and land rents waived, reduced or deferred, and receive other assistance, at the request of PM Nguyen Tan Dung.

Binh Duong to give workers $35 million in aid after riots

VietNamNet Bridge – The Social Insurance Bureau of Binh Duong Province plans to spend VND700 billion (nearly $35 million) to support the tens of thousands of workers affected in the recent disturbances at its industrial zones.

BUSINESS IN BRIEF 21/5

 Foreign businesses in HCM City reopen after riots; SBV warns against gold, foreign currency purchases; Pakistan remains Vietnam’s largest tea importer; Construction of wind farm gets underway in Ninh Thuan province

Vietnam remains attractive and friendly in foreign investors’ eyes

 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”.

Finance Minister urges immediate assistance to enterprises affected in recent disturbances

In a dispatch issued on Monday, the Minister of Finance asked the tax and customs authorities and the local departments of finance to swiftly support local businesses that were damaged in the disturbances in Binh Duong and Ha Tinh provinces.

Binh Duong apologizes for disorders

VietNamNet Bridge – The Vice Chairman of Binh Duong Province, Tran Thanh Liem, has apologized to foreign businesses for the recent spate unfortunate incidents and affirmed his commitment to ensure the safety of their operations.

Cars, schools torched in 5th night of Stockholm riots

 At least nine cars were torched and two schools and a police station were set ablaze as riots swept through Stockholm's immigrant-dominated suburbs early Friday for the fifth straight night, police and firefighters said.