Singapore invests over US$17 billion in Vietnam

Singapore is among the top five investors in Vietnam, with a total capital of over US$17.3 billion.

Their two-way turnover reached US$9.5 billion last year, helping the island nation become Vietnam’s fifth largest trading partner.

This was announced by Singapore's Consul General in Ho Chi Minh City, Pong Kok Tian, and President of the Vietnam-Singapore Friendship Association, Nguyen Thanh Rum, at a ceremony in HCM City on August 5 to mark the 45th anniversary of Singapore’s National Day.

As posted in VOVNews, Vietnam

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