In December 2024, Taiwan registered 14 new projects with US$249 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This represents a 22 percent decrease in the number of new projects compared to November, which recorded 18 new projects and US$363.86 million in newly registered capital.
In 2024, Taiwan invested in 187 new projects with US$2.08 billion in newly registered capital.
Foreign direct investment (FDI) from Taiwan into Vietnam has been a significant driver of Vietnam’s industrial and economic growth. Taiwan is one of Vietnam’s largest foreign investors, with major investments in sectors such as manufacturing, electronics, textiles, footwear, and real estate. Taiwanese companies, including Foxconn, Formosa Plastics Group, and Pou Chen, have established extensive operations in Vietnam, particularly in export-driven industrial zones. These investments have played a key role in integrating Vietnam into global supply chains, especially in electronics and apparel.
Vietnam’s competitive labour costs, proximity to other major markets in Asia, and participation in free trade agreements have made it an attractive destination for Taiwanese businesses. Additionally, Vietnam’s focus on improving infrastructure and creating a favourable investment climate has further encouraged Taiwanese FDI. As Vietnam continues to develop its industrial base and focus on high-tech manufacturing, investments from Taiwan are expected to grow, particularly in sectors such as semiconductors, renewable energy, and smart technologies.
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