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Tuesday, November 15, 2005

Rising investment in Vietnam

I like to see the island diversify its investments away from China, and here is more good news on that front.

Last year, Taiwanese businesses invested an estimated US $453 million to Vietnam, a record in East Asia since the Asian monetary crisis in 1997, starting a second wave of investment by Taiwanese investors to Vietnam, a local newspaper quoted from Chinatimes online.

Over the past 16 years, from 1989 to 2005, Taiwanese investors have invested more than US $8 billion to Vietnam, becoming the second largest investor to the country.


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2 comments:

  1. Sun BinNovember 15, 2005 at 2:41 PM

    making money is most important.
    they lost many billions in indonesia and phillipines in 1997, thanks to lee tenghui's encouragement and coercement.

    ReplyDelete
  2. MJ KleinNovember 20, 2005 at 12:04 PM

    I'm bringing investment money from Taiwan into Thailand. That is the next frontier for the kind of stuff that my group does.

    ReplyDelete

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