VINH PHUC STRENGTHENING INVESTMENT ATTRACTION FROM SINGAPORE

Implementing the investment promotion program in 2022, within the framework of the business trip to Singapore and Malaysia, on the morning of October 25, with the chairmanship of the Chairman of the Provincial People's Committee Le Duy Thanh, the Vinh Phuc delegation held a conference to promote investment in Singapore.

Attending the conference were the Vietnamese Ambassador to Singapore Mai Phuoc Dung and 160 enterprises including foreign investment funds, leading banks, and financial groups in Singapore.

At the conference, Chairman of the Provincial People's Committee Le Duy Thanh introduced to potential Singaporean investors and investment opportunities in Vinh Phuc. Within the framework of the conference, there was a direct policy dialogue session between foreign investors, the largest legal consulting firms in Singapore and Vietnam, and leaders of Vinh Phuc province; program to work with legal consulting firms of Singapore to connect, cooperate, support businesses with investment and legal procedures; working with partners that have signed a cooperation agreement with Vinh Phuc to introduce and promote the province's investment environment in Singapore.

Chairman of the Provincial People's Committee Le Duy Thanh and the Delegation also met and worked with the Vietnamese Ambassador in Singapore, discussing Singapore's investment attraction orientation and Vinh Phuc province's investment attraction orientation to promote investment. The Embassy coordinates support.

At the working session, the Vietnamese Ambassador to Singapore Mai Phuoc Dung shared the results of the State visit to Vietnam from October 16 to 20, 2022 of the President of the Republic of Singapore Halimah Yacob, and his husband. The Ambassador said that by the end of September 2022, Singapore had more than 3,000 investment projects in Vietnam, and bilateral trade between the two countries as of September 2022 reached over 7 billion USD.

The Ambassador expressed his delight at the new investment promotion organization of Vinh Phuc province this time with the number and potential of businesses attending, especially, the cooperation with organizations and legal consultancy units. Management has helped businesses exchange, share information, connect trade and find solutions to problems in the process of implementing cooperation between businesses and Vinh Phuc province.

According to statistics of the Foreign Investment Agency, as of September 2022, Singapore is the second country among 139 countries and territories investing in Vietnam, with a registered capital of over 70 billion USD. Vinh Phuc province has 12 Singaporean investment projects with a total capital of nearly 500 million USD. In particular, the ICD Logistics Center project of YCH Singapore Group and T&T Group of Vietnam has become a successful symbol of the mutually beneficial cooperation between the two countries. In addition, hundreds of Vinh Phuc officials, students, and students trained in Singapore have been contributing to the development of Vinh Phuc province as well as the Vietnam - Singapore strategic partnership.

Source: VCCI

Related News

VIETNAM ECONOMY INVESTMENT

VIETNAM’S SEAFOOD EXPORTS HIT OVER US$10 BILLION IN JAN-NOV

Seafood export revenue in November alone amounted to nearly US$990 million, up 6.6% year-on-year. Key product groups posted solid gains. Shrimp exports rose 11.7% to over US$385 million, supported by strong demand for whiteleg shrimp and lobster. Tra fish shipments increased 9.7% to almost US$197 million, while marine fish, squid, and mollusk exports maintained their recovery.

Dec 11, 2025

VIETNAM ECONOMY INVESTMENT

VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS HIT NEW RECORD IN JAN-NOV

Vietnam’s agro-forestry-fishery export revenue reached an estimated US$64.01 billion in the first 11 months of 2025, up 12.6% year-on-year and surpassing the full-year record of US$62.4 billion set in 2024. Agricultural exports reached US$34.24 billion, up 15% year-on-year, while livestock products brought in US$567.4 million, a 16.8% increase. Seafood exports rose 13.2% to US$10.38 billion, and forestry products earned US$16.61 billion, up 5.9%.

Dec 11, 2025

VIETNAM ECONOMY INVESTMENT

HANOI REPORTS RECORD-HIGH BUDGET REVENUE IN 2025

Hanoi’s budget revenue is estimated to reach VND641.7 trillion in 2025, the highest level ever recorded and nearly 25% above the revised target, according to a report by the municipal government. Data from the city’s socioeconomic performance review shows that total state budget collections in 2025 are projected to reach 124.9% of the adjusted plan and rise 24.9% from 2024, the Vietnam News Agency reported.

Dec 11, 2025

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM, CHINA TO PILOT TWO-WAY CARGO TRANSPORT AT LANG SON BORDER

Vietnam and China will launch a one-year pilot program on December 10 to allow two-way cargo transport through the Huu Nghi–Youyi Guan international border gates in Lang Son Province, reported the Vietnam News Agency. The Dong Dang-Lang Son Economic Zone Management Board said the trial aims to reduce transport costs and improve customs clearance capacity.

Dec 11, 2025

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM’S IMPORT-EXPORT VALUE NEARS US$840 BILLION IN JAN-NOV

The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office. In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.

Dec 11, 2025

HOSPITALITY / TOURISM / ENTERTAINMENT

OVER 19 MILLION INTERNATIONAL VISITORS COME TO VIETNAM IN JAN-NOV

Vietnam received more than 19.1 million international visitors in the first 11 months of 2025, a 20.9% increase year-on-year and the highest level ever recorded, according to the National Statistics Office. The figure surpasses the full-year record of 18 million arrivals set in 2019, before the Covid-19 pandemic. Nearly two million foreign visitors arrived in November alone, up 14.2% from October and 15.6% from the same period last year.

Dec 11, 2025