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May 22, 2014 / 17:07

Binh Duong pledges to restore investor confidence

Authorities in the southern province of Binh Duong are leaving no stone unturned and are doing their utmost to restore investor confidence after anti-China riots on May 13-14.

Provincial leaders and the Vietnamese government have taken the recent riots in industrial parks in Binh Duong very seriously, stressed provincial deputy chairman Tran Van Nam on May 19.
 
 
Binh Duong has restored social order and provincial police chief Nguyen Hoang Thao said more than 1,000 protestors have been detained of whom 700 are likely to face criminal charges. “Prosecutions will start soon,” he said.
On May 13 and 14, hundreds of rioters took advantage of peaceful marches against China’s stationing an oil rig in Vietnamese territorial waters to arouse riots that damaged several factories in local industrial parks. No casualties were reported. The province and the Ministry of Public Security deployed rapid-response riot police to the area to reinforce security and prevent further unrest.
Local officials are working to calculate how much the damage cost businesses and plans to provide financial support to those that suffered losses.
Nam said both the province and the central government are taking the matter extremely seriously and taking all necessary steps to resolve the situation and ensure the safety and security of workers and property at industrial parks in the province.
By May 19, around 80 per cent of businesses in industrial parks had resumed their operations, said Tran Van Lieu, head of Binh Duong’s industrial parks authority.