Wednesday, May 14, 2014

The Heat Is On At Sembcorp

The Vietnam Singapore Industrial Park (VSIP) was first established in 1996, currently snowballed to a total investment of US$6.4 billion to create more than 140,000 jobs for the Vietnamese locals. Since 2005, the VSIP has expanded to a second park within Binh Duong Province, a third park in Bac Ninh Province (2007), a fourth park in Hai Phong City (2010) and most recently,  a fifth park in Quang Ngai Province (2013).

Three factories in two Singapore-run industrial parks have just gone up in flames, thanks to unhappy Vietnamese staging anti-Chinese riots on Tuesday night. The VSIP industrial parks 1 and 2 in Binh Duong are managed by Singapore's Sembcorp Industries. A VSIP spokeswoman said local police have taken over the provision of security at the two parks. The Commissioner of Police must be relieved, since the scale of unrest must be umpteen times that of what happened at Little India. And if any of the VSIP employees are identified by CCTV to be anywhere near the rioting, it would be cheaper and easier to deport them. They are probably not too keen to conduct a COI in Ho Chi Minh City.

Lee Kuan Yew did not have nice things to say about the Vietnamese in his memoirs ("From Third World To First"), claiming that Vietnamese cunningly exploited the fears and desires of the countries of Asia that wanted to befriend them. When their Prime Minister Pham Van Dong visited in 1978, Lee said he found him "arrogant and objectionable". Lee was upset Pham had suggested Singapore should contribute to Vietnam's reconstruction, arguing that Singapore had benefited from the Vietnam War, selling the Americans war material, "hence it was our duty to help them". Lee countered that the materials supplied were POL (petrol, oil and lubricants) from American and British oil companies, and profits to Singapore were marginal (page 350). There was no mention of the bullets from Chartered Industries.

It was Goh Chok Tong who signed the papers for the VSIP development. Whether his friendship has been exploited is something for the history books to judge. But some corporation's assets are being compromised right now, and careless words could easily rubbish money better spent here.

21 comments:

  1. why did the Vietnamese attack Singapore owned industrial parks in anti China protest? They think Singapore is a province of China?

    ReplyDelete
    Replies
    1. Think they believe we are too friendly with China. Did someone check if the protests are REALLY because of China? Could it because of low pay and poor working conditions?

      Delete
  2. Haha.....

    Mistaken identity lah.

    It is also very difficult to differentiate a Vietnamese and a Chinese and vice versa.

    Understand they are of the same ancestor but one got Frenchize.

    ReplyDelete
  3. Send in the PAP Internet Brigade to defend Sembawang's assets in Vietnam.

    ReplyDelete
  4. If one were to study the history of Vietnam, they would not invest in this country simply because the people there will never appreciate what you have helped them before.

    The people there are just suck!

    ReplyDelete
    Replies
    1. But Vietnamese people are very good at defending their country against foreign invasion. They defeated invasions from three different superpowers in the span of less than 30 years!
      Unlike lembek (weak) Singaporeans.

      First they fought off the French colonialist, when France was a superpower at that time.
      1946-1954. First Indochina War.

      Then the Vietnamese fought off the American superpower in 1962-1975.
      Second Indochina or Vietnam War.

      Then the Vietnamese liberated Cambodia from the genocidal Khmer Rouge government. 1975-1989.
      Something the rest of the world did not have the balls to do.
      After liberating Cambodia, the Vietnamese withdrew their forces and allowed the Cambodians to form their own government.
      They did not play colonial government.

      And lastly, the Vietnamese fought off China in Feb-March 1979. This was the 3rd superpower they defeated.

      Do you think Singaporeans can learn more from the Vietnamese patriots or from LKY the translator for the Imperial Japanese Army?

      Delete
    2. I agree totally. They are ungrateful people and only tend to take advantage of other people's kindness which they take for weakness. Ho Chi Minh took his name when he lived and leached on Mao's kindness for years. Mao protected him because during that time the Nationalist were in power in China and Chiang Kai Shek would love to have Ho's balls for breakfast. The Chinese under Mao provided tons of money and weapons to help them fight the Americans. After the war they showed China the middle finger. That was why China went to war with them. It was a good experience for China because they found out about their military's weaknesses during that war; but that's another story.

      I should know something about them as I've worked and lived there for 2 years.

      Delete
  5. It was Deng Xiao Ping who has contempt for the Vietnamese and called them "Ingrates & Hooligans". They in turn called the chinese "Arrogant and Aggressive". Both sides have their points. Viet's hatred and favorite phrase towards chinese is "the last time they came, they end up ruling us for 1000 years." So you can imagine how hard they fought to get rid of them before they will ever let them have an inch ever again. Ho Chinh Min said he would rather sniff the French shit for 5 years than eat chinese shit for the rest of his life. There you go, one imagine that kind of legacy and nationalism it can have on its people. Strange how they would take the chinese language, civilisation and religion (Dao/Buddhism/Confucianism) but would never want to be called Chinese (in spite of their roots). They take from the French asthetics and some speak them, but will never be conquered by them. Similarly they beat the crab out of Americans and one have to say, they are fiercely proud of defending their own identity and retaining what is good from other cultures but never ever losing themselves. Singaoreans are no where near their tenacity, and will sell out their country sooner when someone with money can buy us out. AT least have respect for that.

    ReplyDelete
    Replies
    1. But Vietnamese people are very good at defending their country against foreign invasion. They defeated invasions from three different superpowers in the span of less than 30 years!
      Unlike lembek (weak) Singaporeans.

      First they fought off the French colonialist, when France was a superpower at that time.
      1946-1954. First Indochina War.

      Then the Vietnamese fought off the American superpower in 1962-1975.
      Second Indochina or Vietnam War.

      Then the Vietnamese liberated Cambodia from the genocidal Khmer Rouge government. 1975-1989.
      Something the rest of the world did not have the balls to do.
      After liberating Cambodia, the Vietnamese withdrew their forces and allowed the Cambodians to form their own government.
      They did not play colonial government.

      And lastly, the Vietnamese fought off China in Feb-March 1979. This was the 3rd superpower they defeated.

      Do you think Singaporeans can learn more from the Vietnamese patriots or from LKY the translator for the Imperial Japanese Army?

      Delete
    2. Fully agree. Including the Indians too, if you trace back the Cham influence. That's why they lasted longer than anyone of us here can say "Lee Kuan Yew" lah. That's the badge of honor they can proudly wear and tell everyone.

      Delete
    3. They fought off the great powers with the help of others. See if they can fight the US now? Without the help of the Soviets and China they would have been swallowed whole by the US. These people knows how to make use of others. They are ingrates.

      Delete
  6. For damaging the VSIP, we should just deport the thousands of vietnamese prostitutes emptying the local Chinese Ah Pek's money. That will teach this third world shithole that their money from their daughters', wives, girlfriends will just dry up to disabling them buying their friggin motorbikes. Shitty country undeserving of outside help. Corrupt as hell as well.

    ReplyDelete
    Replies
    1. A better damage control is to refurbish the VSIP into VSRP, i.e. Vietnam Singapore Retirement Park that allows our Ah Peks to use their CPF minimum sum to cover all expenses. This itself will lure away many of the Vietnamese ladies on social visit pass in Singapore.
      What do u think ?

      Delete
    2. Best idea I've read in a long time!

      Delete
  7. Looks like Singaporeans hard-earned CPF money going down the drain as Sembcorp is owned by Temasick/GIC.

    And Singapore Chinese or China chinese or Taiwan Chinese all looks the same to Vietnamese. So they are knowlingly burning Singapore's flag here.

    Good luck to Temasek's investments in Vietnam. It's burning up!

    http://singaporenewsalternative.blogspot.sg/

    ReplyDelete
    Replies
    1. "Good luck to Temasek's investment in Vietnam"

      I recall not too long ago Ho Jinx and Temasek also needed a lot of luck after investing Billions in Thaksin and Thailand.
      As we know, Temasek and Thaksin lost big time especially Thaksin who was and is still rendered a political refugee...what an incredible change of fate you might say for the former PM of Thailand and his sister.
      With the way things are unfolding, the authoritarian Vietnemese government really should not ignore anything that is associated with Ho Jinx and Temasek.

      Delete
  8. I thought we are Asean brothers. And they always say relations with neighbours are cordial or close, or even huggable, it is all a load of elephant shit. Big on rhetoric but short on substance. Every time and all the time.

    ReplyDelete
    Replies
    1. This is politics for you....

      Delete
  9. Looks like everything that we want to manipulate or profit at other people'expense will become a jinx thanks to our infamous jinx.

    They always claim it is meritocracy but our very true meritocratic ones are forced to fwnd for themselves while the running dogs are fed with jiak liao bees.

    ReplyDelete
    Replies
    1. To be fair, the decision we took was an economic one. We invest there not out of altruism, but for profits. We could not profit at their expense, especially the Viets. I know them quite well

      Delete
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