Business Insurance

Login  |  Register Subscribe

cbVid =

Vietnam: Number of Taiwanese factories reporting damage rises to 358

May 28, 2014 - 6:00am

Taiwan's Vice Minister of Economic Affairs Shen Jong-chin has said the number of Taiwanese factories that reported damage in Vietnam during the recent anti-Chinese protests has risen to 358, reports Taiwan's Central News Agency.

Losses suffered by the companies have been pegged at between $150 million and $500 million.

Mr. Jong-chin has suggested that the Vietnamese government establish a single window for compensation claims from Taiwanese firms. A Taiwanese delegation that includes insurance experts has arrived in Vietnam to help with reconstruction efforts, Central News Agency reported.

Read more


Get our daily Global Focus newsletter

You may also want to visit

International Content