Focus Taiwan
Date: 2015/08/28
By C.W. Huang and Lillian Lin
Taipei, Aug. 28 (CNA) Vietnam has agreed to start talks on a new Taiwan-Vietnam Bilateral
Investment Agreement (BIA) to provide more protection for Taiwanese businessmen investing in the Southeast Asian country, a spokesman of the Ministry of Economic Affairs said Friday.
The spokesman said that Vietnam is the top destination of Taiwanese businesses making investments in countries of the Association of Southeast Asian Nations.
Even after the anti-China riots in May 2014, Taiwanese business people did not leave Vietnam. However, the existing Taiwan-Vietnam investment agreement signed in 1993 is not sufficient to provide adequate protection to the investors, according to the spokesman. [FULL STORY]