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Vietnam and Singapore Strengthen Trade and Investment Ties Amid International Financial Center Development

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Vietnam and Singapore are expanding trade and investment ties, with Vietnam becoming Singapore's 10th-largest trading partner, achieving $3.6 billion in bilateral trade in January, a 33.9% increase. Singapore exported $2.34 billion and imported $1.26 billion from Vietnam.

Singapore holds a trade surplus of $1.08 billion, down 24.6% year-on-year. Singaporean investments in Vietnam total $90.9 billion across 4,430 projects. Both nations are collaborating on developing international financial centers in Vietnam and increasing the number of Vietnam-Singapore Industrial Parks to 30 by 2026. Vietnam aims to enhance cooperation in financial infrastructure, clean energy, and defense.

Vietnam and Singapore Strengthen Trade and Investment Ties Amid International Financial Center Development
Mar 11, 2026, 6:00 AM

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