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Thailand’s increased investments target Vietnam’s processing industry

VOV.VN - Thai businesses had invested US$7.88 billion in 428 projects in Vietnam during the first two months of this year, ranking 11 out of 112 foreign investors in Vietnam.

Their investment was primarily focused on the processing and manufacturing industry with 220 business ventures valued at nearly US$7 billion, accounting for 47% of the total number of projects and 88% of investments in Vietnam.

Agriculture, forestry and seafood also attracted major investment from Thai businesses with 31 projects worth US$235.4 million.

Thai investments in Vietnam are mainly in the form of wholly foreign investment capital or joint ventures, 70% of which come from Thai businesses. 
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