Singapore is currently the Mekong Delta city’s largest source of foreign direct investment (FDI), with 12 active projects totalling nearly 320 million USD in registered capital. A flagship project is the Vietnam-Singapore Industrial Park (VSIP) Can Tho, launched in 2022 with an investment of over 3.7 trillion VND (140 million USD) and covering nearly 294 hectares.
The CEO of UOB Vietnam highlighted the country’s competitiveness in regional and global supply chains, saying increased foreign investment in Vietnam, including HCM City, will help build a stronger and more resilient Asian supply chain.
A delegation of Singaporean businesses on August 25 came to learn about the investment climate in the northern province of Ha Nam, expressing their intention to invest in the fields of solar energy, environmental protection, and finance - banking here.
Indonesian Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono has invited Singaporean investors to invest in the new capital city of Nusantara (IKN).
Vietnam remains a magnet for Singaporean investors, with sustainable development being a promising area of collaboration in the coming time, according to Singaporean Ambassador to Vietnam Jaya Ratnam.
Local restaurant chain owner, Golden Gate Joint Stock Company has announced the transfer of 35.95 percent of shares to a group of three new stakeholders from Singapore.
Vietnam’s growing stature in the region and the world and its impressive containment of COVID-19 have continued to consolidate its status as an attractive destination for Singaporean investors.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong expressed his appreciation for Singapore’s Keppel Corporation projects while receiving its CEO Loh Chin Hua on April 5.
Disbursement of foreign direct investment (FDI) in the first nine months of this year experienced a modest increase of 6 percent to 13.25 billion USD compared to the same period last year.
President Tran Dai Quang has reassured Singaporean Prime Minister Lee Hsien Loong that Vietnam always encourages Singaporean companies to invest in the country.
The Ministry of Planning and Investment has licensed two thermo-electric plants in the northern province of Nam Dinh and Thanh Hoa province in the central region.
Regulatory reforms to create more open policies are making the domestic property market more attractive to foreign investors, including those from Singapore.