Taiwanese Businesses to Boost Investment in Vietnam

11:21:38 AM | 3/29/2019

Taiwanesebusinesses are particularly keen on investing in industry, tourism, garment and textile in Vietnam, heard at the meeting between Dr. Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry (VCCI), with Mr. Tai Hung Yi, Supervisor, Deputy General Director for Vietnam of the Chinese National Federation of Industries, and Mr. Zeng Hsien Chao, Economic Division Director of the Taipei Economic and Cultural Office in Vietnam.

Dr. Vu Tien Loc said that Taiwan is among the most innovative economies in the world and has successfully developed medium, small and micro businesses to the so-called world class. With its very early investment in Vietnam, Taiwan’s cooperation with Vietnam has produced a lot of positive results.

He emphasized that Vietnam is opting for higher quality and higher value-added foreign investment sources. Hopefully, the coming investment capital from Taiwan is also of high quality that fits Vietnam’s development needs in the new era.

Supported by VCCI in recent years, many Vietnam - Taiwan programs and forums have been organized for businesses of both sides,Mr. Tai Hung Yi added.

He expected that both sides can boost information exchange and cooperation in the coming time. The successful joint organization of the Vietnam - Taiwan Industrial Cooperation Forum in Vietnam in 2017 and 2018 in Taiwan helped strengthen cooperation ties of two sides.

VCCI, along with other relevant agencies in Vietnam,will further cooperate with Taiwan to open the third forum in 2019 in Vietnam, he added.