HCM City hosts Vietnam- Singapore Biz Forum
17:47, 2014/06/04
The annual Vietnam-Singapore Business Forum 2014 (VSBF) opened in HCM City on June 4, attracting more than a hundred representatives from the two countries’ leading businesses.
The three-day event aims to offer a platform to exchange business ideas, tackle current challenges and develop a bilateral strategic partnership.
Among participants were Singaporean giants AscendasProtrade, Mapletree, Victoria Hotels & Resorts, Keppel Land, Gold Roast, and Sagiko. Vietnam was represented by famous trademarks--Vietcombank, Thien Minh, and Dream House.
In the framework of the forum, delegates will visit a number of businesses, including Mapletree Business City, Ascendas-Protrade Singapore Tech Park, and Vietnam Singapore Industrial Park No.1 (VSIP I).
Many businesses showed their keen interest in priotized areas in the two countries’ strategic partnership - financial services, agro-forestry and fishery sectors, tourism, real estate, and the environment. Vietnam Chamber of Commerce and Industry (VCCI) Vice Chairman Doan Duy Khuong said both Vietnamese and Singaporean businesses are looking towards the establishment of an ASEAN Economic Community (AEC) in 2015.
“We hope that VSBF 2014 will help create bilateral business links and boost regional economic integration process,” he noted.
Tan Soon Kim, a senior official from International Enterprises Singapore (IE Singapore), highlighted that successful bilateral ties have offered many business cooperation opportunities for both countries.
In Asia, he said, Vietnam boasts an abundant labour force and mineral resources while Singapore’s services and expertise will help Vietnam capitalize on its advantages. Singaporean businesses will continue to play an integral part in Vietnam’s development process in the long run, he added.
By May 2014, Singapore ranked third among 101 foreign investors in Vietnam, with a total registered capital of US$30.32 billion, mostly focusing on processing and manufacturing industries, and real estate sector.
In May alone, Singapore invested in 29 projects worth more than US$363 million
in Vietnam.By April 2014, Vietnam poured US$196.4 million in 53 Singapore-based projects.
In the framework of the forum, delegates will visit a number of businesses, including Mapletree Business City, Ascendas-Protrade Singapore Tech Park, and Vietnam Singapore Industrial Park No.1 (VSIP I).
Many businesses showed their keen interest in priotized areas in the two countries’ strategic partnership - financial services, agro-forestry and fishery sectors, tourism, real estate, and the environment. Vietnam Chamber of Commerce and Industry (VCCI) Vice Chairman Doan Duy Khuong said both Vietnamese and Singaporean businesses are looking towards the establishment of an ASEAN Economic Community (AEC) in 2015.
“We hope that VSBF 2014 will help create bilateral business links and boost regional economic integration process,” he noted.
Tan Soon Kim, a senior official from International Enterprises Singapore (IE Singapore), highlighted that successful bilateral ties have offered many business cooperation opportunities for both countries.
In Asia, he said, Vietnam boasts an abundant labour force and mineral resources while Singapore’s services and expertise will help Vietnam capitalize on its advantages. Singaporean businesses will continue to play an integral part in Vietnam’s development process in the long run, he added.
By May 2014, Singapore ranked third among 101 foreign investors in Vietnam, with a total registered capital of US$30.32 billion, mostly focusing on processing and manufacturing industries, and real estate sector.
In May alone, Singapore invested in 29 projects worth more than US$363 million
in Vietnam.By April 2014, Vietnam poured US$196.4 million in 53 Singapore-based projects.
21:45, 2025/01/15
Hanoi seeks 5% export growth in 2025
The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.
08:41, 2025/01/11
Vietnam-Laos Industrial Park: New direction to strengthen bilateral ties
Numerous Vietnamese projects in various sectors have effectively contributed to Laos' development, creating jobs and improving the livelihoods of tens of thousands of local workers.
22:19, 2025/01/09
Hanoi's foreign trade turnover hits US$60.1bn in 2024
The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.
11:46, 2025/01/09
Vietnam confident of achieving 8% growth rate in 2025
Key drivers of Vietnam’s growth include institutional reforms and decentralized governance.
14:34, 2024/12/26
UK’s accession to CPTPP to benefit Vietnam’s exports in 2025
Vietnam, in particular, will gain further access to a high-quality market, complementing its connections with Japan, Canada, and Australia.
16:41, 2024/12/16
Hanoi seeks greater efficiency in e-commerce tax management
Hanoi's e-commerce tax administration is expected to be significantly tightened in the near future.
- Hanoi's wet markets in decline amid changing consumer behaviors
- Heavy fines for unhygienic street vendors in Hanoi
- Busy high season at Thuong Mao Carpentry Village
- Hanoi plans for new markets
- Hanoi Shopping Festival 2024 promotes agricultural products and handicrafts
- Food safety measures required for Lunar New Year 2025