By: Fan Ching-yi and Y.F. Low
Hanoi, Vietnam, April 7 (CNA) Taiwanese businesses invested US$47 million in Vietnam in the first quarter of this year, Vietnamese government statistics show.
The investments involved 14 new projects and five business expansion projects, according to data compiled by Vietnam’s Ministry of Planning and Investment.
As of the end of March, Taiwan had invested US$28.5 billion in 2,401 projects in Vietnam since statistics were first kept in 1988, making it the fourth largest foreign investor in the Southeast Asian country. [FULL STORY]