Taiwan is proposing to set up a joint commission with Vietnam to provide assistance and compensation to Taiwanese companies affected by anti-China riots in the Southeast Asian country.
A Chinese oil-drilling venture in a disputed area of the South China Sea angered the Vietnamese. Anti-China demonstrations turned violent last week, and protestors attacked factories considered “Chinese”, including those with Chinese-language signboards. Taiwanese businesses in southern Vietnam ended up suffering the worst damage.
On Friday Taiwan’s Vice Economics Minister Shen Jong-chin met with Vietnam’s Planning and Investment Minister Bui Quang Vinh, During the meeting in Hanoi, Shen proposed that the two sides set up a joint mediation commission to handle compensation issues. In response, Bui promised to report Taiwan’s request to his prime minister on Monday.
Shen is in Vietnam with a 24-member delegation to examine the losses suffered by Taiwanese businesses during the recent riots and also try to establish a channel for negotiations.
