Tai­wan fourth-largest for­eign in­vestor in Viet­nam, in­vest­ing US$28.66 bil­lion

The China Post - - TAIWAN BUSINESS -

From 1988 to May this year, Tai­wan busi­nesses had in­vested US$28.66 bil­lion in Viet­nam, mak­ing Tai­wan the fourth largest for­eign in­vestor in the South­east Asian coun­try, ac­cord­ing to sta­tis­tics from Tai­wan’s rep­re­sen­ta­tive of­fice in Viet­nam.

South Korea is the largest for­eign in­vestor in Viet­nam, with in­vest­ments of US$38.73 bil­lion.

In sec­ond place is Ja­pan, with US$37.65 bil­lion, fol­lowed by Sin­ga­pore, with US$33.15 bil­lion.

In the first five months of this year, Tai­wanese in­vest­ment ap­proved by the Viet­namese gov­ern­ment to­taled US$114.44 mil­lion, the sev­enth high­est among all for­eign in­vestors.

The top six in­vestors for the first five months of the year were South Korea (US$755.87 mil­lion), Tur­key (US$660.25 mil­lion), the Bri­tish Vir­gin Is­lands (US$441.79 mil­lion), Ja­pan (US$230.26 mil­lion), Sin­ga­pore (US$152.38 mil­lion) and Hong Kong (US$129.20 mil­lion). ( ) rose 2.75 per­cent to close at NT$63.60, Cathay Fi­nan­cial Hold­ing Co. ( ) in­creased 1.73 per­cent to end at NT$53, and Mega Fi­nan­cial Hold­ing Co. ( ) closed 0.72 per­cent higher to fin­ish at NT$28.

Among elec­tron­ics high-caps, Hon Hai Pre­ci­sion In­dus­try Co. ( ) climbed 2.75 per­cent to close at NT$97.20, and Delta Elec­tron­ics Inc. ( ) closed 3.75 per­cent higher at NT$166.

For­eign in­sti­tu­tional in­vestors bought a net NT$3.14 bil­lion in shares on Mon­day.

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