• Wednesday, December 13, 2017

Taiwan could raise investment into Vietnam to $100 billion

Discussion in 'China & Far East' started by EastWind, Dec 7, 2017 at 9:37 PM.

  1. EastWind

    EastWind ELITE MEMBER

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  2. Talwar e Pakistan

    Talwar e Pakistan SENIOR MEMBER

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    How can they afford that? That's about about 20% of Taiwan's GDP.
     
  3. EastWind

    EastWind ELITE MEMBER

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  4. EastWind

    EastWind ELITE MEMBER

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    Not a big problem. The Taiwanese make big profits in China, they can reinvest in Vietnam.
     
  5. Kyle Sun

    Kyle Sun SENIOR MEMBER

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    100B ???
     
  6. madokafc

    madokafc ELITE MEMBER

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    It will be an accumulation for decade ahead program
     
  7. GS Zhou

    GS Zhou FULL MEMBER

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    let me tell you what does $100B means to Taiwan.

    Its total tax revenue a year is NTD 1,459.3 billion, converted to USD, it is $48.5B; i.e. the claimed $100B investment amount is >2x of its total tax revenue.
    1234.jpg

    I find some cheap words are always an effective tool to make the Viet guy happy.
     
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  8. TaiShang

    TaiShang ELITE MEMBER

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    Maybe what he means is cumulative investment. Still, it is huge. Mainland's cumulative investment in the US is still under 100 billion USD. And US cumulative investment in Mainland (3 decades) is about 250 billion USD.

    I am not sure our friend realizes how immense the amount is.

    But, @EastWind , my friend, if it is true, no problem, as long as investments make sense. Usually, Taiwan businemen are known for being quite ruthless, and even cruel. It takes strong public oversight to keep them in check.

    Nonetheless, we belong to, more or less, a similar culture area, so, it should be fine.
     
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  9. ZeEa5KPul

    ZeEa5KPul FULL MEMBER

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    Is that figure net depreciation or just the total cumulative investment?
     
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  10. TaiShang

    TaiShang ELITE MEMBER

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    Total cumulative investment, I believe. That's about 9-10 billion USD annual, on average.
     
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  11. madokafc

    madokafc ELITE MEMBER

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    Taiwan dont have Sovereign Wealth Fund, unlike UAE, Russia or Saudi who had hundreds billions US dollar oil rich for investment purpose or PRC from their export earning surpluses.
     
  12. shadows888

    shadows888 FULL MEMBER

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    no worries, Taiwan is China's trojan horse. great going bud
     
  13. Offshore

    Offshore FULL MEMBER

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    Great news for Vietnam, their close proximity to Chinese market will bring a lot of manufacturing job to their country

    If Vietnam play its card right , I have no doubt they will become developed country less then 30 years
    Their education system heavily focus on science and tech.

    Once again , great news for Vietnam
     
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  14. EastWind

    EastWind ELITE MEMBER

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    It’s cumulative. That is a huge sum for sure, if someone tells the sum 5 years ago, people would think it is a joke. Taiwan’s Formosa Plastics currently constructs $10.6 billion steel complex in Ha Tinh province that includes a power plant and a deep sea port. The company wants to double the bet in the next phase. No risk no fun.

    Ah we know the Taiwanese as we know the mainlanders. Neither can surprise us. Ha ha.
     
  15. Offshore

    Offshore FULL MEMBER

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    This news show Taiwanese business man confidence over Vietnam, and don’t screw it up by burning their factory down.. :D