As part of the New Southbound Policy (NSP), the ambitious endeavor of Taiwan (China) to diversify its industrial base and boost investment in regional countries is expected to fuel a surge in trade and investment across key markets, including Vietnam. A shift in capital flows Since its introduction in 2016, the NSP has gained momentum, leading Taiwanese industrial and high-tech facilities to diversify away from China, according to Kao Shien-quey, deputy head of Taiwan’s Development Council, during a recent meeting in Taipei with the Southeast Asian media. In recent years, […]
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