HO CHI MINH CITY, Vietnam (BRAIN) — Information on the rioting that may have partially destroyed or damaged a variety of Taiwanese-owned factories in Ho Chi Minh City is sketchy, but initial reports say at least a half-dozen were damaged or destroyed.
Those may include Astro, which manufactures frames for companies like Niner. Others include Asama, Alhonga, Cheng Shin Rubber and Bor Yueh International. KMC, which has a factory there, appears to have escaped the turmoil.
Most of the damage was in nearby Binh Duong Province, a major industrial zone in the country. The rioters may have mistaken the Taiwanese companies for companies owned by the Chinese. The anti-Chinese riots were prompted by China’s decision to move an oil rig into ocean waters claimed by the Vietnamese.
