The dispute was ratcheted up this week after China placed an oil rig in the disputed waters in early May, with the unrest at industrial parks near Ho Chi Minh City the most serious outbreak of public disorder in the tightly controlled country in years, according to an AP report.
“It points to the dangers for the government as it tries to manage public anger at China while also itself protesting the Chinese actions in an area of the South China Sea claimed by Vietnam,” the report said.
At least 15 factories were reported to have been looted or set afire. Many, however, were owned by Korean or Taiwanese interests, not Chinese.
Tensions between Vietnam and China are a tricky subject for Vietnam’s government to manage, as China invested $2.3 billion into Vietnam in 2013 and is the country’s largest trading partner.
Negotiations over the disputed waters were said to have been handled quietly until early May, when China towed a deep sea rig to the Paracel Islands, which are controlled by China but claimed by Vietnam. Vietnamese ships sent to disrupt the installation clashed with Chinese ships sent to protect the rig, AP reported.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now