Tag: Singapore

Vietnam is one of Singapore's key suppliers of food and food stuffs.

This marks a significant milestone in agricultural trade relations between the two countries and is expected to boost Vietnam's export turnover for livestock products.

Vietnam holds a strong position in the Singaporean seafood market with frozen fish fillets (30.30% share) and processed fish products (18.52% share).

Sembcorp has invested in 18 VSIP industrial parks across 13 localities, creating employment for over 300,000 workers.

In an exclusive interview with VET’s Dinh Pham Tran, Ambassador of Singapore to Vietnam, H.E. Jaya Ratnam, spoke of how the two countries could strengthen their relationship for a more resilient and sustainable Southeast Asia in the face of the common threat of climate change.

This strategic move, unveiled in Ho Chi Minh City, underscores the university's commitment to fostering academic ties and nurturing talent in the rapidly evolving Asian landscape.

Center aims to help businesses in changing technologies and production and business models to remain up-to-date on Industry 4.0.

Newly-registered investment capital at $3.6 billion in 8M.

Agreement on establishment reached at Ministerial Meeting on Vietnam-Singapore Connection on August 27 in Hanoi.

$28.7-million project licensed recently in northern province.

Northern port city has 52 Singaporean projects currently.

Mr. Seck Yee Chung, Vice President of the Singapore Chamber of Commerce Vietnam (Ho Chi Minh City) and Partner at Baker & McKenzie (Vietnam), tells VET’s Linh Tong about Vietnam’s digital and green economic development.

Delegation of 28 Singaporean businesses visit the southern city.

According to Tech Collective, the venture capital (VC) trend in Vietnam will be the driving force in the “Golden Triangle of Startups in Southeast Asia”, which includes Vietnam, Indonesia, and Singapore. More than $1.4 billion of investment poured into Vietnam’s tech startups in 2021; 1.6-fold more than in 2019. The number of funds investing in startups rose 60 per cent.

According to the Investment & Trade Promotion Center of Ho Chi Minh City (ITPC), Singapore is the leader among 116 countries and territories investing in the city, with 1,557 projects and total investment of nearly $13.6 billion. It also has the largest number of representative offices in the city, with 371 of the total of nearly 1,900.

On June 25 at the Da Nang Investment Forum 2022, Vietjet Air announced the opening of seven new international routes connecting the central city with Singapore, Busan in South Korea, and New Delhi, Mumbai, Hyderabad, Ahmedabad, and Bangalore in India. The routes will come into operation during the third quarter.

On May 20, at a meeting with the Speaker of the Singaporean Parliament Tan Chuan-Jin, who is visiting Vietnam, Prime Minister Pham Minh Chinh emphasized that the country has long been one of Vietnam’s leading partners in the region and largest investor in ASEAN. He asked that it share its experience in digital transformation and continue to support Vietnam in human resources training, especially for high-quality management staff.

On May 12, on the sidelines of the ASEAN-US Special Summit, Prime Minister Pham Minh Chinh met with his Singaporean counterpart Lee Hsien Loong. The two leaders agreed to continue cooperation in post-pandemic economic recovery and development, expanding and developing the Vietnam-Singapore Industrial Park (VSIP) and coordinating to make effective use of new-generation free trade agreements (FTAs) the two countries are party to, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).

According to Deputy Minister of Foreign Affairs To Anh Dung, on the occasion of State President Nguyen Xuan Phuc’s visit to Singapore from February 24 to February 26, the two sides signed and exchanged 29 MoUs and contracts worth more than $11 billion in fields such as innovation, smart industrial parks, airport infrastructure, logistics, renewable energy, and environmental treatment, among others. The visit also promoted the strategic partnership between Vietnam and Singapore.

Within the framework of his State-level visit to Singapore, on February 25, State President Nguyen Xuan Phuc held talks with Singaporean Prime Minister Lee Hsien Loong. The two agreed to expand cooperation in the fields of innovation, digital transformation, digital economy, and green and sustainable development, towards “connecting the two economies on a digital basis”.