Viet Nam drawing Thailand's investment

Thailand, with 153 investment projects and a combined registered capital of 1.54 billion USD, currently ranks 12th in the list 79 countries and territories or third among ASEAN countries to directly invest in Viet Nam.

They include 83 operational projects employing 12,000 workers, and also indirectly generating jobs for many workers in the areas of construction and services.

Almost all Thai investment projects focus on such areas as building infrastructure for industrial zones, new urban centers with hotels, and facilities for tourism and industry, concentrating on Dong Nai and Binh Duong provinces, Ha Noi and Ho Chi Minh City.

The Foreign Investment Department also reported that nearly 67 percent of Thailand's projects in Viet Nam are whollyforeign invested projects, holding nearly 56 percent of the total registered capital; and 27.6 percent of projects are by joint venture companies, holding with 43 percent of the total capital. - The Nation