Vietnam mobs set fire to foreign factories in anti-China riots

default_image

© Khunaspix Dreamstime.

By Alex Lennane

14/05/2014

Production for sports shoe maker Yue Yuen and global exporter Li & Fung has been suspended in Vietnam following anti-China protests. Taiwanese companies have also been targeted in what appears to be an increasingly bitter dispute over China’s decision to drill for oil in a part of the South China Sea claimed by Vietnam. China plans to leave the oil rig in place until August ? which could lead to a fall in exports from some Vietnam-based businesses.

Comment on this article

You must be logged in to post a comment.

Topics

Vietnam - the new Pearl River Delta

Most read news

TPM: Forwarders need 'clout' to survive as the ocean carriers move in

Gemini schedule reliability falls below 90% target for the first time

Resumption of Suez transits in doubt after return of Red Sea hostilities

Red Sea crisis forces Maersk to increase capacity over strategy limit

Maersk in firing line over 'abandoned container' in Africa

Gemini carriers cut back loading allocations on challenging southern India trade

Forever 21 blames bankruptcy on de minimis exemption

Maersk assures shareholders arms shipments 'comply with regulations'

US port call fees would force ACL to exit transatlantic trade, says CEO

DHL sees opportunities as end of US de minimis exemption looms

SF Airlines expands, while sister Kerry Logistics is set to lose its name

FMC empowered to investigate international 'shipping chokepoints'

Ocean Alliance splits ANP service into two to ease Vancouver delays

Small businesses fearful as DOGE has USPS revamp in its sights

CMA CGM Air Cargo eyes expansion with bid for Air Belgium

Regional carriers dip their toes in growing Mexican box trade