Thai businesses have been focusing on investment in processing and manufacturing industries in Vietnam, data issued by the planning and investment ministry's Foreign Investment Agency showed.
According to the agency, there are about 200 Thai projects in such industries, with combined investment of US$7 billion or 88 per cent of Thailand’s total investment in Vietnam.
These sectors are followed by agriculture, forestry and seafood sectors, which have 31 projects worth $235 million. The rest are in retail and construction sectors.
As the end of February this year, Thai businesses had invested in 428 projects in the country, with a total investment capital of $7.88 billion, ranking 11th among countries and territories that have invested the largest capital in Vietnam.
Source: www.nationmultimedia.com
Keywords: Thai investment, in VN concentrated in processing, manufacturing
