More than 200 delegates from Singaporean regulatory agencies, including Enterprise Singapore, various chambers of commerce, and industry associations representing the coffee, fruit and vegetable, and seafood sectors, gathered on April 17 for the Vietnam-Singapore business matching program titled "Sustainable Business Connection and Social Investment 2026."
The program aims not only to facilitate direct networking between businesses and investors from both nations but also to establish long-term trade infrastructure.
A key highlight of the event was the official launch of the “Vietnam Online Agricultural Wholesale Market” platform in Singapore. This digital system provides a direct link between Vietnamese producers and importers and distributors in Singapore and the wider region. By aggregating certified supply, ensuring consistent output, and providing full traceability, the platform optimizes pricing through a bulk-order mechanism. This approach effectively shortens the intermediary chain and enhances the efficiency of cross-border trade.
Speaking at the event, Vietnam’s Trade Counselor in Singapore Cao Xuan Thang emphasized Vietnam’s growing role in global supply chains, particularly regarding high-quality agricultural products.
He spoke highly of the implementation of digital platforms like the online wholesale market for enhancing export capacity, ensuring transparency, and enabling Vietnamese suppliers to respond rapidly to the demands of the Singaporean and regional markets.
Mr. Lennon Tan, President of the Singapore Manufacturing Federation (SMF), noted that models such as the online agricultural wholesale market play a vital role in optimizing supply chains, reducing intermediary costs, and improving access to quality Vietnamese goods. He added that such initiatives open doors for deeper cooperation between the two business communities.
Furthermore, Mr. Tan highlighted Singapore’s commitment to sustainable development, specifically its goal of achieving carbon neutrality by 2050. He noted that both the Singaporean government and private sector are prioritizing carbon emission reductions.
"Singapore and Vietnam hold significant potential for cooperation in green energy, as well as alternative packaging materials and production methods that help reduce carbon footprints," he said.
During the program, international partners and visitors experienced a showcase of high-quality Vietnamese products, including coffee, processed agricultural goods, handicrafts, specialty rice, and canned coconut water. - (VNA)
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