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Enterprises assured of long-term investment in Binh Duong Province

Enterprises affected by recently unexpected incidents have been paid insurance advancement thanks to the support of all-level authority. Being supported and offered best conditions, many enterprises informed that they were assured of long-term investment in Binh Duong Province. Insurance paid out to enterprisesInsurance enterprises have paid out to enterprises affected by recently unexpected incidents in Binh Duong Province causing loss to their business. A representative of Bao Viet Insurance Corporation hands over the insurance advancement to enterprises in the witness of leaders of Ministry of Finance, Party Committee, and Provincial People’s Committee. Photo by T. Minh. Twelve insurance companies of Bao Viet, Bao Minh, PJICO, Fu Bon, Cathay, Sam Sung Vina, MSIG, etc. have advanced VND 114.7 billion to 113 enterprises affected, of which 87 are from Taiwan, 4 from Hong Kong, 3 from Singapore, 3 from South Korea among others.Mr. Wu Hao Chih, representative of the Taiwanese Vietnam My Thanh Co. Ltd. in Vietnam-Singapore Industrial Park 1, said: “We have received the insurance payments, showing that the provincial and national authorities have paid good care for us. Although the recent incidents have influenced greatly, we affirm our decision to stay in long-term investment to Binh Duong Province.”Receiving USD 1 million from Bao Viet Insurance, Mr. Kent Tech, General Director of Esquel Vietnam in Vietnam-Singapore Industrial Park 1, highly appreciated the support and timely control of functional agencies to help enterprises recover their production and supported with insurance advancement.“We keep our faith in investment environment of the province and we will expand our production and business for the time to come,” Kent affirmed.Mr. Tony Hsing, Deputy General Director of Fu Bon Vietnam Insurance Corporation, said that local support has facilitated the corporation to pay out USD 1.5 million to compensate for 6 clients in Binh Duong Province.To continue with best supportAt the payment ceremony, Finance Minister Dinh Tien Dung highly appreciated efforts of Binh Duong Provincial authority in coordination with Ministry of Finance to support and remove obstacles for enterprises in the past time.The Minister asserted that the insurance enterprises, on active support of Binh Duong Province, have determined the actual damages done to enterprises within the insurance scope.The Minister said that the insurance advancement was not really sustaintial but still adequate for enterprises to recover while affirming obligation of insurance enterprises to their clients.“The Ministry shall continue supporting and resolving the obstacles emerged to enterprises fro them to settle production and business while promising to improve investment environment to ensure safe and comfortable conditions for enterprises,” said Mr. Dinh Tien Dung as the Finance Minister.As for the province, Chair of Provincial People’s Committee, Mr. Le Thanh Cung, evaluated the actions of insurance enterprises as promptly made.He affirmed the bid to protect and assure utmost safety to enterprises to concentrate on business and production.Reported by T. Minh – Translated by Vi Bao
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