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Vietnam’s industrial park hub to support companies affected by recent riots

Authorities in southern Binh Duong Province are beefing up efforts to give support to businesses, including foreign-invested enterprises, which suffered damage in riots last month.

Authorities in southern Binh Duong Province are beefing up efforts to give support to businesses, including foreign-invested enterprises, which suffered damage in riots last month.
Authorities in southern Binh Duong Province are beefing up efforts to give support to businesses, including foreign-invested enterprises, which suffered damage in riots last month.

The provincial People’s Committee convened a meeting on Monday to review measures to support the affected businesses as soon as possible.

These businesses had their offices and plants sabotaged in the riots that broke out in some local industrial parks on May 13 and 14.

Saboteurs took advantage of peaceful marches against China for illegally deploying its oil rig Haiyang Shiyou 981 in Vietnamese waters to incite violence and illicit acts.

During the unrest, rioters attacked many companies including foreign-invested enterprises, damaging corporate assets, looting property, and even resisting police officers.

Police arrested over 1,000 people involved and have recently indicted 259 people for causing the unrest, which brought about heavy damage to hundreds of local and foreign companies.

They have been charged with “causing public disorder,” “destroying or deliberately damaging property,” “stealing property,” and “resisting persons in the performance of their official duties.”

The provincial People’s Committee expects that it will announce their policy on supporting the affected businesses on June 16.

A plan to implement this policy will also be publicized the same day, the committee said.

At yesterday’s meeting, the committee reported that about 99 percent of the businesses engaging in the fields of import and export have resumed normal operations.

The local customs department has prepared a proposal to give tax reduction to the damaged businesses.

A cut in lending interest rates will be also given to these businesses, the authorities said.

About 61 percent of them have submitted their reports on damage to competent agencies, the authorities added.

Relevant bodies will use these reports, the results of police investigation and the examination of riot scenes to determine the actual damage of each victim firm to form a basis for compensation.

Binh Duong is a province that lies about 32km to the north of Ho Chi Minh City and accommodates many industrial parks, including the Vietnam-Singapore Industrial Park I and II.