Taiwanese delegation departs for Vietnam to seek compensation

05/21/2014 08:39 AM

Taipei, May 21 (CNA) Vice Economics Minister Shen Jong-chin led a delegation to Vietnam Wednesday to assist Taiwanese businesses in seeking compensation for losses caused by recent anti-China riots in the Southeast Asian country.

Shen's delegation was scheduled to arrive in Ho Chi Minh City later in the morning.

The delegation will examine the damage sustained by Taiwanese businesses during the violent protests in Vietnam and also try to establish a mechanism for negotiations, according to the Ministry of Economic Affairs.

The group will visit the areas hardest-hit by the attacks, such as the Binh Duong and Dong Nai provinces, and will hold three seminars with Taiwanese businessmen there.

Taiwanese businessmen in Vietnam have urged the government to set up an ad hoc team to seek compensation from the Vietnamese government for their losses.

After meeting with the Taiwanese businessmen, the delegation is scheduled to meet with the Vietnamese authorities in Hanoi May 23.

A total of 224 Taiwanese companies have reported suffering damage during the anti-China riots, with 18 factories set on fire, five of which were completely destroyed, according to statistics compiled by the ministry.

The operations of about 1,100 Taiwanese enterprises have been suspended, the ministry said.

(By James Lee)ENDITEM/J

Related stories:●May 20: KMT delegation arrives in Vietnam to offer sympathy●May 18: Vietnam apologizes, mulling tax cuts for Taiwanese businesses (update)

(Click here for developments related to the anti-China protest-turned-riot in Vietnam.)

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