Vietnam’s prime minister charged that China “seriously threatened peace” by parking its oil rig in disputed waters, as Hanoi tried to coax foreign businesses to stay in the country after a destructive spate of anti-Chinese riots. Taiwan rejected a compensation plan sketched out by Vietnamese Prime Minister Nguyen Tan Dung for factories burned and looted in the unrest last week, and a Taiwanese steel company threatened not to resume building what would be Southeast Asia’s largest steel mill, underscoring the challenge for Vietnam in restoring its allure as a manufacturing center. “The Vietnamese government must give us a firm and clear assurance that our staff, including our contractors, and our assets will be fully protected in the future,” said Lin Hsin-I, chairman of Formosa Ha Tinh Steel, whose site was one of the worst hit. “Otherwise we won’t continue to build the plant.” Formosa Ha Tinh Steel is a […]