Singapore firms stay keen on Vietnam amid pandemic
Add BT as a preferred sourceHelene Tian
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MORE Singapore companies are investing in Vietnam, with Singapore being its largest foreign investor in 2021, said Second Minister for Trade and Industry Tan See Leng on Friday (Feb 25).
Singapore's foreign direct investment into Vietnam amounted to nearly US$10.7 billion in 2021, which was 34.4 per cent of Vietnam's total foreign capital investments that year, he said.
He was speaking at the Singapore Business Federation's business dialogue at the Shangri-La Hotel, held on the sidelines of Vietnam President Nguyen Xuan Phuc's state visit to Singapore. During the visit, from Feb 24 to 26, President Phuc also called on Singapore's President Halimah Yacob and met Singapore's Prime Minister Lee Hsien Loong.
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