The Bank for Foreign Trade of Viet Nam (Vietcombank) and Singapore Manufacturing Federation (SMF) on Tuesday signed a comprehensive co-operation agreement in Ha Noi.
Bilateral trade between Viet Nam and Singapore continued to experience
strong growth during January, touching more than S$2.17 billion (over
US$1.57 billion).
Bilateral trade between Viet Nam and Singapore reached S$20.4 billion
(US$15.6 billion) in 2014, up 20.3 per cent year on year, vietnamplus.vn reported.
Two-way trade between Viet Nam and Singapore rose 23.9 per cent to
nearly US$8.1 billion in the first half of this year, according to the
Singapore Department of Statistics.
Two-way trade between Viet Nam and Singapore experienced a year-on-year
increase of 23 per cent to over US$6.52 billion over the past five
months, according to the Singapore Department of Statistics.
Potential investors should consider Viet Nam as an investment
destination, particularly in manufacturing operations, said Ahmad Md
Magad, Group Managing Director of II-VI Singapore Pte Ltd.
Two-way trade between Viet Nam and Singapore exceeded S$11 billion
(US$8.76 billion) over the past eight months, an increase of 3.5 per
cent year-on-year, according to a report.