I like to see the island diversify its investments away from China, and here is more good news on that front.

Last year, Taiwanese businesses invested an estimated US $453 million to Vietnam, a record in East Asia since the Asian monetary crisis in 1997, starting a second wave of investment by Taiwanese investors to Vietnam, a local newspaper quoted from Chinatimes online.

Over the past 16 years, from 1989 to 2005, Taiwanese investors have invested more than US $8 billion to Vietnam, becoming the second largest investor to the country.