More than 100 representatives from governmental agencies, enterprises and organisations will attend the 2014 Vietnam-Singapore Business Forum (VSBF 2014), which is expected to promote economic cooperation between the two countries.

Hosted by the Vietnam Chamber of Commerce and Industry (VCCI) in Ho Chi Minh City from June 4-6, the event will provide a business platform for enterprises from both countries to explore cooperation opportunities, particularly in the context of a strategic partner agreement adopted by the two countries in September last year.

It will also be a good chance for attendees to be updated on trade and investment policies of the two governments, thus helping them make appropriate business strategies in the future.

During the event, participants will focus their discussion on how to foster partnership between the two sides in the fields of financial services, agriculture and aquaculture production, tourism and hospitality, real estate and environment management for sustainable business development.

Two-way trade between Vietnam and Singapore in the first two months of this year enjoyed a year-on-year increase of 20 percent, reaching 2.2 billion USD.

Singapore is currently the third largest foreign investor in Vietnam with 1,258 valid projects worth more than 30 billion USD.-VNA