Thai investment in Vietnam on the rise


A power plant owned by Gulf Energy Development PLC in Thailand. — Photo gulf.co.th

HANOI (Vietnam News/ANN): Data from the Ministry of Planning and Investment showed that Thailand had 40 new registered projects, 23 projects registering for capital adjustment and 100 capital contribution and share purchases in Vietnam with total registered capital of nearly US$1.8 billion last year.

This number was more than double compared to 2019 and nearly seven times compared to the 2015-20 period.

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Vietnam , Thailand , investment

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