Foreign businesses in HCM City reopen after riots

May 20, 2014 | 09:45

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All foreign businesses in HCM City’s export processing and industrial zones, including Taiwanese resumed production on May 19, following recent anti-Chinese protests.

Taiwanese-invested Freetrend Company in Linh Trung 2 industrial zone illustration photo

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Taiwanese-invested Freetrend Company in Linh Trung 2 industrial zone stabilised and restarted operations to ensure the supply of products under the signed contracts after two days of civil unrest against China’s illegal actions in the East Sea Local authorities’ have pledged their commitment to supporting businesses and addressing difficulties to ensure a safe investment environment.

The HCM City Export Processing and Industrial Zones Authority (HEPZA) called on business, particularly foreign ones to strengthen solidarity between employers and employees to stabilise and develop production, fulfilling targets for 2014.

HEPZA’s Management Board Head Vu Van Hoa said that businesses should put their faith in the Vietnamese laws and the State, which have always protected investors’ legitimate interests.

He added that HEPZA has been authorised by the State to resolve conflict and create a healthy investment environment for businesses.

VOV

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