Singaporean firms interested in property market
Almost 100 leading Singaporean businesses operating in real estate,
infrastructure and education are attending and introducing products at
the Vietnam-Singapore Business Forum in Hanoi.
Almost 100 leading Singaporean businesses operating in real estate,
infrastructure and education are attending and introducing products at
the Vietnam-Singapore Business Forum in Hanoi.
The three-day forum, which opened on Nov. 30, focuses on real estate which is considered an attractive investment channel of Singaporean investors.
Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) Doan Duy Khuong said Vietnam and Singapore have enjoyed time-honoured relations, especially in economics and trade.
As of Oct. 20, 2011, Singapore had invested over 23.3 billion USD in 968 projects in Vietnam, ranking third among foreign investors. Of the total investment, 7.6 billion USD has been poured into 50 property projects.
Two-way trade reached 10 billion USD last year, a quadruple increase year-on-year.
According to the VCCI official, the combination between the abundant workforce of Vietnam and high technology of Singapore will help establish develop economic zones and improve the competitiveness of both countries and ASEAN./.
The three-day forum, which opened on Nov. 30, focuses on real estate which is considered an attractive investment channel of Singaporean investors.
Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) Doan Duy Khuong said Vietnam and Singapore have enjoyed time-honoured relations, especially in economics and trade.
As of Oct. 20, 2011, Singapore had invested over 23.3 billion USD in 968 projects in Vietnam, ranking third among foreign investors. Of the total investment, 7.6 billion USD has been poured into 50 property projects.
Two-way trade reached 10 billion USD last year, a quadruple increase year-on-year.
According to the VCCI official, the combination between the abundant workforce of Vietnam and high technology of Singapore will help establish develop economic zones and improve the competitiveness of both countries and ASEAN./.
You should also see
Prime Minister receives ASEAN Secretary-General
Prime Minister Pham Minh Chinh on April 23 hosted a reception for ASEAN Secretary-General Kao Kim Hourn who is paying a working trip to Vietnam and attending the ASEAN Future Forum (AFF) 2024 from April 21-24.
See more
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
Business
Masan completes 250-million-USD investment deal with Bain Capital
Masan Group Corporation on April 23 announced that it has completed the mobilisation of 250 billion USD from Bain Capital, a leading global private investment firm with assets worth 180 billion USD under management.
