The event drew organizations, associations, and companies from diverse sectors including industrial infrastructure, manufacturing, high technology, green economy, digital transformation, trade, and investment consulting.

In his address, Vietnam’s Trade Counsellor in Singapore, Cao Xuan Thang, highlighted that Vietnam continues to be an attractive investment destination amid intensifying global trade competition, with capital inflows steadily increasing.

Victor Ngo, CEO of UOB Vietnam, stated that Vietnam’s appeal stems from its stable economic ecosystem, skilled workforce, and competitive costs. He pointed out that Singapore was Vietnam’s largest foreign investor in the first half of the year, indicating the depth of bilateral partnership. According to him, geographical location, political stability, government support, and improving infrastructure enhance Vietnam’s competitiveness and central role in regional supply chains.

Several corporations shared their investment experiences in Vietnam. Protus Group reported investing US$30 million since 2021 across six industries-packaging, non-ferrous metals, consumer goods, plastics, medical supplies, and agricultural processing, with plans to expand further.

Cao Thi Phi Van, Deputy Director of ITPC, emphasized that Ho Chi Minh City is a multicultural economic hub with over 400,000 active enterprises. The city is currently inviting investment in 127 projects, including 44 priority ones. She noted that the roundtable serves as a valuable platform for Vietnamese and Singaporean businesses to connect and broaden cooperation.

A representative of Saigon Northwest Urban Development JSC (SCD) said the southern metropolis is prioritizing investment in high technology and sustainable development, while offering modern, flexible, and eco-friendly infrastructure that links investors with the innovation ecosystem and global value chains.

International businesses also recognized Vietnam as one of Southeast Asia’s brightest growth markets, citing its dynamic workforce and strong momentum for industrial, technological, and startup investments. Many expressed intentions to strengthen their presence in Ho Chi Minh City.

At the event, the Singapore Business Federation representative shared insights on operating in Vietnam, reaffirming Ho Chi Minh City as an attractive destination with a strategic focus on high technology and sustainable growth.

Vietnam-Singapore trade continues upward momentum

VOV.VN - Bilateral trade between Vietnam and Singapore maintained solid momentum in July and the first seven months of this year, reinforcing Singapore’s position as one of Vietnam’s key partners in the region.

Vietnamese, Singaporean businesses boost digital connectivity

The Vietnam – Singapore Sustainable Trade and Innovation Forum (STIF Vietnam - Singapore) took place on August 1 at the Singapore Manufacturing Federation (SMF) headquarters, marking a new step in digital economic and green transition between the two countries.