Taiwan jumped to the top source of FDI (foreign direct investment) in Thailand in the first half of 2022 from fifth place in 2021 thanks to a major investment project by Foxconn Technology Group (Hon Hai), and Thailand is likely to replace Vietnam as a new favorite destination for foreign investors with lower land costs, according to Chuang Suo-hang, representative of Taipei Economic and Cultural Office (TECO) in Thailand.