Singapore

Hanoi is home to 434 projects financed by Singaporean investors with a combined registered capital of US$7.43 billion, the amount which is second only to Japan's.

The move will help ensure the effective utilization of the Agreement on Singapore-Vietnam Economic Connectivity.

Relaxing travel restrictions is crucial for the relationship of Vietnam and its biggest investor.

FDI commitments to the country returned to positive trend by an expansion of 0.8% year-on-year to US$14 billion.

The benchmark Vn-Index rose 4.1% in April and is up 12.4% year-to-date, outperforming the global emerging markets (GEMs), the Asia ex-Japan, and frontier market indices.

The two countries aim to take their bilateral strategic partnership to a new height.

Global uncertainties are forcing financial centers around the world to redefine their activities, as such, Vietnam should grasp this opportunity to build a continental-level finance center to attract investment capital.

Disbursement of the foreign capital inflow rose by 6.5% to US$4.1 billion during the January-March period.

This deep-water port is designed to become one of the world’s major ports in the future.

Singapore remained Vietnam’s top investor despite the global pandemic.