A delegation led by Vice Minister of Economic Affairs Shen Jong-chin (沈榮津) is heading to Vietnam today to negotiate over damage sustained by Taiwanese businesses during the recent anti-China protests there.
During the planned four-day visit, the delegation is to discuss compensation to investors under the bilateral investment protection agreement both countries signed in 1993, Shen told a press conference at the Executive Yuan.
Shen declined to unveil the list of Vietnamese officials the delegation is to meet with in Hanoi.
Photo: CNA
Executive Yuan spokesperson Sun Lih-chyun (孫立群) said that meetings “were all set up,” but both sides preferred not to disclose the schedule.
The Ministry of Economic Affairs said 224 Taiwanese businesses suffered losses, including 18 whose facilities were set ablaze by rioters, after protests in Vietnam that erupted after China deployed an oil rig near the Paracel Islands (Xisha Islands, 西沙群島), which are claimed by Taiwan, China and Vietnam.
They included 175 in Binh Duong Province, 41 in Dong Nai Province, six in Ho Chi Minh City, one in Ba Ria-Vung Tau Province and one in Ha Tinh Province, the ministry said.
Last week, the Ministry of Foreign Affairs said that the government would seek to file a united claim seeking compensation for the damage caused to Taiwan-owned businesses with Japan, South Korea and Singapore because protesters also destroyed some factories owned by their nationals, but Shen said yesterday that Taiwan would talk to Vietnam first.
The delegation is composed of high-ranking officials in charge of investment, taxation, insurance, loans, labor, credit guarantee funds and other areas.
“We hope that we can decide how to meet [Taiwanese investors’] demands to help them get back to normal operation as soon as possible,” Shen said.
Shen said he had talked to several firms in Vietnam recently, and none were considering withdrawing capital from Vietnam, but they hoped that the riots would never recur.
Separately, the Chinese Nationalist Party (KMT) yesterday sent a delegation led by KMT Deputy Chairman Tseng Tung-chuan (曾永權) and Legislator Chan Kai-chen (詹凱臣) to offer sympathy to Taiwanese businesspeople in Vietnam and to learn about their needs.
President Ma Ying-jeou (馬英九) has instructed the delegation to provide Taiwanese investors with assistance to get back to business as soon as possible.
On behalf of the Democratic Progressive Party, Legislator Tsai Huang-liang (蔡煌瑯) also arrived in Vietnam to offer help yesterday.
Tsai said that he would listen to the needs of Taiwanese businesspeople and urge the government to support them as much as possible.
Taiwan's Vice President Hsiao Bi-khim (蕭美琴) said Saturday that she would not be intimidated by the Chinese Communist Party (CCP), following reports that Chinese agents planned to ram her car during a visit to the Czech Republic last year. "I had a great visit to Prague & thank the Czech authorities for their hospitality & ensuring my safety," Hsiao said on social media platform X. "The CCP's unlawful activities will NOT intimidate me from voicing Taiwan's interests in the international community," she wrote. Hsiao visited the Czech Republic on March 18 last year as vice president-elect and met with Czech Senate leadership, including
There have been clear signs of Chinese Communist Party (CCP) attempts to interfere in the nationwide recall vote on July 26 in support of Chinese Nationalist Party (KMT) legislators facing recall, an unnamed government official said, warning about possible further actions. The CCP is actively involved in Taiwanese politics, and interference in the recall vote is to be expected, with multiple Chinese state media and TAO attempts to discredit the Democratic Progressive Party (DPP) and undermine public support of their recall movement, the official said. This interference includes a smear campaign initiated this month by a pro-Beijing Hong Kong news outlet against
A week-long exhibition on modern Tibetan history and the Dalai Lama’s global advocacy opened yesterday in Taipei, featuring quotes and artworks highlighting human rights and China’s ongoing repression of Tibetans, Hong Kongers and Uighurs. The exhibition, the first organized by the Human Rights Network for Tibet and Taiwan (HRNTT), is titled “From the Snowy Ridges to the Ocean of Wisdom.” “It would be impossible for Tibetans inside Tibet to hold an exhibition like this — we can do it. because we live in a free and democratic country,” HRNTT secretary-general Tashi Tsering said. Tashi Tsering, a Taiwan-based Tibetan who has never
A first shipment of five tons of Taiwan tilapia was sent from Tainan to Singapore on Wednesday, following an order valued at NT$600,000 (US$20,500) placed with a company in the city. The products, including frozen whole fish and pre- cooked fish belly, were dispatched from Jiangjun Fishing Harbor, where a new aquatic processing and logistics center is under construction. At the launch, Tainan Mayor Huang Wei-che (黃偉哲) called the move a “breakthrough,” marking Taiwan’s expansion into the Singaporean tilapia market. Taiwan’s tilapia exports have traditionally focused on the United States, Canada, and the Middle East, Huang said, adding that the new foothold in