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Tag Archives: Taiwanese steel firm

Vietnam refuses Taiwanese steel firm’s hardball compensation proposal amid rising national security concerns

Laborers work at a construction site in Hanoi. Whilst foreign direct investment is important to economic growth and development of any country, a government cannot be held hostage to any one company, analysts say.

The Formosa Plastics Group submitted a series of “unprecedented” requests for special treatment in the wake of Vietnam’s anti-China riots, leaving the government caught between a rock and a hard place At an inconvenient juncture for both sides, the Vietnamese ...

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