Riot-affected businesses get VND116 billion insurance

Insurance companies paid nearly VND116 billion (US$5.45 million) for businesses that were affected in incidents sparked by workers’ rallies protesting against China’s illegal actions in Vietnam’s waters on May 13-14. 

Of the figure, over VND88 billion (US$4.13 million) was compensated for 51 enterprises, while over VND27 billion (US$1.26 million) was advanced to 23 others. About VND11 billion (US$517,000) will be paid for 34 enterprises after they accomplish required documents. 

These figures were unveiled by Mai Van Nhon, deputy head of Dong Nai’s industrial zone management board during a working session between the provincial People’s Committee, insurance companies and the affected businesses on October 23. 

At the August 20 meeting with the provincial People’s Committee to review the assistance to the affected enterprises, it was reported that among the 205 businesses hit by the disturbances, 114 have reported total property losses of nearly VND377 billion (US$17.7 million), while 82 declined any assistance. 

As many as 451 suspects involved in the disturbances have been detained so far for their involvement in the riots. Authorised offices have taken legal proceedings against 164 suspects and 28 cases.

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