Thu, May 15, 2014 - Page 13 News List

Factories in Vietnam attacked in riots

SOCIAL UNREST:One Taiwanese worker at a factory in Vietnam was hospitalized after being assaulted during anti-China riots, according to the economics ministry

By Lisa Wang  /  Staff reporter

Ten Taiwanese banks own branches and a subsidiary in the Southeast Asian country, while two life insurance companies and two non-life insurance firms also have branches and offices there, Tseng said.

The commission has asked financial institutions to watch out for the safety of employees in Vietnam and immediately report losses if riots cause any, Tseng said.

The commission chair said he has not heard of any losses among Taiwanese financial institutions so far and that the riots are not likely to affect the local bourse despite some listed firms with operations in Vietnam being affected.

Additional reporting by Crystal Hsu

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