Singapore increases investment in Vietnam

11:33 AM @ Thursday - 05 August, 2010
Singapore’s investment in Vietnam has to date reached more than 17.3 billion USD, making it among the top five investors in Vietnam.

Singapore is also Vietnam’s fifth largest trading partner with two-way trade reaching 9.5 billion USD in 2009, said Vietnamese and Singaporean officials at a ceremony to mark the 45th anniversary of Singapore’s National Day in Ho Chi Minh City on August 5.

Pong Kok Tian, Singapore’s Consul General in HCM City, and Nguyen Thanh Rum, President of the Vietnam-Singapore Friendship Association HCM City chapter, highlighted the remarkable achievements in bilateral ties and expressed their belief that as ASEAN members, both countries will continue to strengthen cooperation in various fields.

Bilateral ties have developed well in the fields of economy, trade, investment, education, health care, and tourism. Singapore is currently one of the most attractive destinations for Vietnamese students./.


(Source: en.vietnamplus.vn)



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