About 8,000 workers went on strike at a Taiwanese-owned shoe factory in southern Vietnam in the country's latest industrial action demanding higher pay, an official said yesterday.
Communist leaders and foreign businesses have voiced concern over the wave of wildcat strikes, seen as the worst in post-war Vietnam, that started almost three months ago in mainly Asian-owned plants around Ho Chi Minh City.
The latest dispute flared up in a Taiwanese-owned factory, said Tran Van Ngoc, chairman of the Hoa An commune's people's committee in Dong Nai province, 50km from the city.
"The number of strikers in the Pou Chen Vietnam company reached up to 8,000 on Monday," Ngoc said.
"The company gave the workers the rest of the day and Tuesday off to search for an early solution," he said.
Company officials could not immediately be reached for comment.
According to the state-run Tuoi Tre daily, the workers went on strike because they were unhappy with their salaries.
The industrial disputes over pay and conditions started in late December. Unskilled workers in Vietnam typically earn about US$2 a day for work in factories that make footwear, textiles and other products for export.
Senior Labor Ministry official Pham Minh Huan has voiced concern about the strikes, some of which have turned violent, state media reported yesterday.
"We need to limit the spread of strikes held across the country in the recent past as they have served to create an unstable environment for foreign investment," he was quoted as saying.
All unions in Vietnam are under the umbrella of the Communist Party and in principle workers need to seek authorization 20 days before a strike.
Japanese officials have met President Tran Duc Luong to voice their concern about the strikes, a Vietnam government spokesman has said. And the European Chamber of Commerce in Vietnam wrote a letter to Prime Minister Phan Van Khai in January, saying they worried the strikes could spread to European-owned plants.
One of Vietnam's attractions as an investment destination, the letter said, was "the fact that the workforce is not prone to industrial action."
The strikes come as the European Commission is accusing Vietnam and China of dumping footwear on the European market and is threatening to slap import duties on the products.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
The US on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC, 中芯國際), including them among 32 entities that were added to the US Department of Commerce’s restricted trade list, a US government posting showed. Twenty-three of the 32 are in China. GMC Semiconductor Technology (Wuxi) Co (吉姆西半導體科技) and Jicun Semiconductor Technology (Shanghai) Co (吉存半導體科技) were placed on the list, formally known as the Entity List, for acquiring equipment for SMIC Northern Integrated Circuit Manufacturing (Beijing) Corp (中芯北方積體電路) and Semiconductor Manufacturing International (Beijing) Corp (中芯北京), the US Federal Register posting said. The
India’s ban of online money-based games could drive addicts to unregulated apps and offshore platforms that pose new financial and social risks, fantasy-sports gaming experts say. Indian Prime Minister Narendra Modi’s government banned real-money online games late last month, citing financial losses and addiction, leading to a shutdown of many apps offering paid fantasy cricket, rummy and poker games. “Many will move to offshore platforms, because of the addictive nature — they will find alternate means to get that dopamine hit,” said Viren Hemrajani, a Mumbai-based fantasy cricket analyst. “It [also] leads to fraud and scams, because everything is now