The Ministry of Finance has handed VND40 billion (US$1.87 million) to 35 companies in Dong Nai Province affected by riots that broke out of peaceful protests against China’s illegal placement of an oil rig in Vietnamese waters.
The payments were issued by ten insurance companies and handed to the directors of 30 Taiwanese companies, two Chinese companies and three Vietnamese firms as partial reimbursements, VnExpress reported.
On June 6, 113 companies in Binh Duong were paid a total of VND114 billion ($5.35 million) in insurance reimbursements.
The finance ministry decided to provide tax extensions and refunds to affected companies valued at more than VND700 billion ($32.85 million).
In Dong Nai Province, tax agencies stopped charging penalties and interest on late tax payments and refunded taxes to affected companies.
Dong Nai customs agencies also worked extra hours in an effort to support the effected companies waiting on replacement equipment.
Deputy Finance Minister Tran Xuan Ha has instructed insurance companies to reimburse insurance for riot victims in Vietnam. Photo credit: Thoi Bao Tai Chinh Viet Nam
At a meeting with Dong Nai authorities and affected companies, Deputy Finance Minister Tran Xuan Ha said his ministry had worked with provincial authorities to support damaged companies.
“The Vietnamese government is dedicated to maintaining a safe and smooth environment for investors, especially foreign ones,” he said.
“The fact that insurance companies continue to reimburse damaged companies reflects their commitment to their customers.”
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