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Taiwan ranks 3rd among investors in Vietnam

China’s Taiwan ranked third among 50 countries and territories running investment in Vietnam in the first four months of 2016.
Taiwan ranks 3rd among investors in Vietnam ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – China’s Taiwan ranked third among 50 countries and territories running investment in Vietnam in the first four months of 2016.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, Taiwan had 39 newly-licensed projects and 25 others with capital adjustments, worth over 664 million USD in total.

Taiwanese investors injected money into 10 out of 21 economic sectors in Vietnam, mainly in processing and manufacturing industries, with more than 600 million USD going to 28 new projects and 22 existing ones.

Other attractive fields include water supply, waste treatment and logistics services.

In January-April, Taiwan’s investment projects were present in 17 out of the 63 cities and provinces across Vietnam.

The southern province of Tien Giang took the lead in the number of projects and the amount of investment capital with a combined newly-registered and added capital of over 229 million USD, accounting for 34.5 percent of total Taiwanese investment in the country.

It was followed by the central province of Ha Tinh with nearly 184 million USD.-VNA

VNA
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