For many years, Vietnam has been highly appreciated by foreign investors as a safe and effective investment destination. Speaking to the press, many foreign investors have expressed their desire to make long-term investment in this beloved S-shape of land, according to the Communist Party of Vietnam (CPV) Online Newspaper.
For genuine investors, profits are always important but are not the only consideration. Besides profits, they also need safety for their families, themselves, their assets and a suitable living environment.
Over the past years, with many preferential policies, Vietnam has attracted a large number of foreign investors from different countries and territories worldwide. A series of processing zones and industrial parks have appeared, including areas built specifically for foreign direct investment (FDI) businesses.
Although some shortcomings exist, as a whole FDI businesses have significantly contributed to the process of socio-economic development of the country. Many FDI enterprises also plan to expand, increasing the investment to hundreds of millions, even billions of dollars in Vietnam in the coming time.
On May 13-14, the disturbances erupted during workers' rallies in protest of China's illegal placement of its oil rig Haiyang Shiyou-981 drilling rig in Vietnam’s waters. Some extremists incited others to damage and destroy assets of some companies and factories of foreign enterprises in Dong Nai and Binh Duong provinces. This violation of the law was immediately condemned by society.
Shortly after the incidents took place, the Prime Minister sent an official dispatch to the Ministry of Public Security, ministries, central agencies, leaders of provinces and cities to ensure security and order.
The official dispatch also clearly stated that it must ensure the absolute safety of life and property of everyone, every business; and ensure normal production and business activities of enterprises, especially foreign businesses.
On the following days, many directions were issued. The Vietnam Chamber of Commerce and Industry (VCCI) sent its message to Vietnam’s Association of Foreign Invested Enterprises to reassure investors to resume production and business activities.
The Ministry of Finance also sent a delegation to work in Binh Duong and Ha Tinh provinces to assess the extent and severity of damage to enterprises. The delegation was directed to require insurance businesses to pay compensation promptly under their contracts to help damaged enterprises quickly restore their production.
Particularly, on the afternoon of May 17, President Truong Tan Sang visited and encouraged FDI enterprises in Binh Duong province. Furthermore, leaders of localities, where the incidents occurred, have taken measures to ensure security and order, punish violators, overcome challenges and to gradually resume production.
So far, most enterprises in Binh Duong, where the number of damaged enterprises was largest, have resumed production. This development shows that the drastic directions of the Government over the past days and the efforts of local leaders have restored the confidence of foreign investors.
Speaking at meetings with local leaders and the press, many foreign investors said that they feel secure, more confident and reassured to continue expansion of their long-term investment in Vietnam.-VNA
For genuine investors, profits are always important but are not the only consideration. Besides profits, they also need safety for their families, themselves, their assets and a suitable living environment.
Over the past years, with many preferential policies, Vietnam has attracted a large number of foreign investors from different countries and territories worldwide. A series of processing zones and industrial parks have appeared, including areas built specifically for foreign direct investment (FDI) businesses.
Although some shortcomings exist, as a whole FDI businesses have significantly contributed to the process of socio-economic development of the country. Many FDI enterprises also plan to expand, increasing the investment to hundreds of millions, even billions of dollars in Vietnam in the coming time.
On May 13-14, the disturbances erupted during workers' rallies in protest of China's illegal placement of its oil rig Haiyang Shiyou-981 drilling rig in Vietnam’s waters. Some extremists incited others to damage and destroy assets of some companies and factories of foreign enterprises in Dong Nai and Binh Duong provinces. This violation of the law was immediately condemned by society.
Shortly after the incidents took place, the Prime Minister sent an official dispatch to the Ministry of Public Security, ministries, central agencies, leaders of provinces and cities to ensure security and order.
The official dispatch also clearly stated that it must ensure the absolute safety of life and property of everyone, every business; and ensure normal production and business activities of enterprises, especially foreign businesses.
On the following days, many directions were issued. The Vietnam Chamber of Commerce and Industry (VCCI) sent its message to Vietnam’s Association of Foreign Invested Enterprises to reassure investors to resume production and business activities.
The Ministry of Finance also sent a delegation to work in Binh Duong and Ha Tinh provinces to assess the extent and severity of damage to enterprises. The delegation was directed to require insurance businesses to pay compensation promptly under their contracts to help damaged enterprises quickly restore their production.
Particularly, on the afternoon of May 17, President Truong Tan Sang visited and encouraged FDI enterprises in Binh Duong province. Furthermore, leaders of localities, where the incidents occurred, have taken measures to ensure security and order, punish violators, overcome challenges and to gradually resume production.
So far, most enterprises in Binh Duong, where the number of damaged enterprises was largest, have resumed production. This development shows that the drastic directions of the Government over the past days and the efforts of local leaders have restored the confidence of foreign investors.
Speaking at meetings with local leaders and the press, many foreign investors said that they feel secure, more confident and reassured to continue expansion of their long-term investment in Vietnam.-VNA
