Compensation norms for Formosa environmental incident identified

Prime Minister has issued Decision N. 1880/QD-TTg on norms for compensation for damage in four central provinces affected by the toxic spill caused by Taiwanese Hung Nghiêp Formosa Hà Tĩnh Steel Corporation (FHS), resulting in Việt Nam’s worst-ever environmental disaster along the central coast.

Under Decision 1880/QD-TTg issued on September 29, seven groups of victims working in affected sectors in provinces of Hà Tĩnh, Quảng Bình, Quảng Trị and Thừa Thiên-Huế will receive compensation. The sectors include seafood harvesting, aquatic breeding, salt production, coastal seafood business activities, fishing logistics, coastal tourism services and seafood stockpiling and purchase.

Compensation is based on severity of damage. Accordingly, owners and employees of non-powered vessels unable to fish offshore will get VNĐ5.83 million (US$261) and VNĐ3.69 million ($166), respectively, per person per month.

The compensation for the affected will be calculated from April to September, 2016 with funding sourced from $500 million compensation paid by Formosa.

(Origin: K.Linh - http://www.monre.gov.vn)