Channel NewsAsia

Vietnam president acknowledges foreign investors' contributions

Vietnamese President Truong Tan Sang has acknowledged the important contributions of foreign investors to Vietnam's economy and the role of the Vietnam Singapore Industrial Park (VSIP) in facilitating the country's economic development.

SINGAPORE: Vietnamese President Truong Tan Sang has acknowledged the important contributions of foreign investors to Vietnam's economy and the role of the Vietnam Singapore Industrial Park (VSIP) in facilitating the country's economic development.

President Truong toured the VSIP Binh Duong to survey the damage after thousands of Vietnamese staged protests in the province over China's activities off the coast of Vietnam.

During the visit, he also met with the VSIP management and tenants.

In a statement, the VSIP said the president expressed his regret that damage was caused to tenant properties and the industrial park.

Sembcorp is the Singapore shareholder of the VSIP.

VSIP added that the president had also assured everyone of the police's commitment to ensure safety.

President Truong also shared that this was the first of such incidents in 30 years in the Binh Duong Province, adding that the violence was unexpected.

He also called on provincial leaders to quickly co-ordinate efforts to help tenants in the industrial park resume normal operations.

The industrial park said it will continue monitoring the situation and stay vigilant, also noting that riot police are still based in their premises.

Tenant operations are also scaled down for the weekend.

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