Recently, Vietnam has experienced violent incidents of beating, smashing, looting, and burning, mainly anti-Chinese, targeting foreign investors and companies. So far, most of the textile companies invested by China in Vietnam have resumed production.
Texhong Textile, whose equipment was damaged due to this incident, also announced that as the pressure of demonstrations in Vietnam has eased, the group’s facilities in southern Vietnam have generally returned to normal operations. The group stated that due to the short duration of the suspension of operations, the incident did not cause major disruption to the facilities in southern Vietnam.
Blum (Vietnam) Co., Ltd., which is invested and established in Fudong Industrial Zone, Tay Ninh Province, Vietnam, announced on Monday evening that starting from May 14, the company’s subsidiary Blum (Vietnam) Co., Ltd. (hereinafter referred to as “Vietnam Blum”) will suspend production for 3 On May 16th, management personnel above the Vietnam Blum team made preparations to resume production; on May 17, Vietnam Blum had fully resumed normal production and construction. This incident did not have an adverse impact on the company’s overall production.
In addition, Huafu Colored Textile, which is investing in construction, also said last Friday that since the company has just obtained a license to invest in Vietnam, it is currently only in the early stages of infrastructure construction. So far, everything is normal and orderly, and has not been affected by the anti-China demonstrations in Vietnam.
After the Vietnam smashing incident, many Chinese textile companies resumed production
Recently, Vietnam has experienced violent incidents of beating, smashing, looting, and burning, mainly anti-Chinese, targeting foreign investors and companies. So far, most of the textile companies invested by …
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