The violent riots in Vietnam have been reported across the foreign media. Indonesia's International Daily News says one of the major drivers of Vietnam’s economic development in recent years has been the growing foreign investment. Investors are eyeing the stable political and social environment in the country, and the negative effects of the riots are immeasurable.
US Business Week says Vietnam will be the "loser in the anti-China riots". according to official statistics from Vietnam, Foreign direct Investment until April the 20th this year amounted to 3.2 billion US dollars. Of this, nearly 19 percent came from China, including from Hong Kong and Macao and Taiwan. Analysts say the violence could hit the confidence of Chinese investors hard, and this may cause an impact on Vietnam’s economy.
At least 10 Japanese and 55 South Korean enterprises have also been damaged in the rioting. Experts warn that despite Japan’s growing investment in Vietnam, Japanese enterprises will need to think twice about their future plans in the country.
