By Nguyen Phuong Linh and Michael Gold,
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HANOI/TAIPEI,
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Earlier that day,
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Now,
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Tales like Hsu’s risk undermining foreign investment in Vietnam,
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Industrial parks have been a major driver of the country’s economic growth,
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Setting up shop in one of the 200 odd parks across the country saves foreign companies the bureaucratic headache of obtaining land on their own,
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Samsung Electronics has just opened the world’s largest smartphone factory in northern Vietnam,
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South Korea,
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Taiwanese or companies owned by Taiwanese in Vietnam are often mistakenly seen as mainland Chinese,
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Hundreds of companies have been forced to halt production as factories were looted,
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"Investors cannot just pay attention to costs or quality of labour,
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"The protests might be one off,
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Vietnam’s industrial parks employ about 2.1 million people and manufactured products worth $38 billion in exports last year. They have helped provide a bright spot in the $170 billion economy,
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A glut of bad debt caused by over indulgent bank lending and a glacial pace of reform in the state owned corporate sector mean Vietnam has gone from being one of Asia’s rising stars to one of the region’s biggest underperformers,
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"Local riots in response to harsh employment conditions have been quickly put down by the government,
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Now,
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"The situation that some workers are taking advantage of their right to demonstrate by destroying factories is definitely not good for Vietnam’s investment environment,
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A major downturn in foreign investment would be a big economic blow,
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Samsung spent $3,
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The five Vietnam Singapore Industrial Parks,
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The Ha Tinh industrial park in central Vietnam,
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For now,
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"This is a very isolated incident,
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A spokeswoman for Singapore’s Ascendas Pte Ltd,
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