CrossBond was honored to participate in an exchange event with the Vietnamese business delegation organized by the Vietnam Economic and Cultural Office in Taipei 🇻🇳. Around 40 Vietnamese companies, including industrial park developers, construction firms, banks, and import/export traders, took part.
Do Nhat Hoang, Director General of the Foreign Investment Agency of Vietnam, highlighted the rapid growth of Vietnam’s economy in recent years. Despite the pandemic in 2020, Vietnam maintained positive growth and benefited from trade shifts during the US-China trade war, resulting in 8% growth in 2022 📈. This has attracted Taiwanese companies like LiteOn and Foxconn to invest in Vietnam, indicating significant future economic potential and closer cooperation between Vietnamese and Taiwanese firms.
We were impressed that many delegation members spoke Chinese, with some having studied or worked in Taiwan. ”Learning Chinese“ has become a trend in Vietnam due to its shared cultural background with Chinese communities and the presence of many Taiwanese businesses. For the Vietnamese, learning Chinese enhances language skills and opens doors to business cooperation. Vietnam is also the largest source of foreign students in Taiwan, indicating future closer exchanges and cooperation.
This exchange has deepened our appreciation of Vietnam‘s economic potential, and we look forward to more opportunities to jointly promote the prosperity and development of Taiwan and Vietnam. 🤝
