The Singapore – Phu Quoc route was officially launched on May 30, operating four return flights per week on Mondays, Wednesdays, Fridays, and Sundays. This new service offers passengers a convenient opportunity to explore two outstanding destinations.
Businesses in both countries can leverage Vietnam’s strong manufacturing base and Singapore’s position as a commercial hub, as well as advantages of new-generation Free Trade Agreements (FTAs)—in which Vietnam and Singapore participate—to facilitate deeper access to global Halal markets.
Cross-border collaboration will be key to unlocking the next growth opportunities as Vietnam is an emerging player in the industry, with a market size exceeding 18 billion USD in 2024 and projected to rise to over 31 billion USD by 2029, said a representative from the Singapore Semiconductor Industry Association.
The two-month trade reached over 6.57 billion SGD (approximately 4.91 billion USD), solidifying Vietnam’s position as Singapore’s ninth largest trading partner.
The agreements affirmed the carrier’s pioneering role in the innovation and digital transformation process while providing a solid foundation for building large-scale aircraft repair hangars with cutting-edge technology at Long Thanh airport.
The State Securities Commission of Vietnam (SSC) and Monetary Authority of Singapore (MAS) have announced a partnership aimed at enhancing the integrity and stability of their capital markets.
Spanning 497.7 hectares with registered investment capital of some 161 million USD, it is designed to integrate green technologies, smart infrastructure, industrial symbiosis, and sustainable development principles, positioned to attract more investments to the province.
Vietnamese businesses need to thoroughly study the Food Safety and Security Act 2025 (FSSA), which was passed by the Singapore Parliament on January 8, to ensure compliance with relevant regulations in their import and export activities to the Singaporean market.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son hosted a reception in Hanoi on January 15 for Ali Ijaz Ahmad, Chief Executive Officer of Singapore-based Makara Capital, urging the group to support Vietnam in developing international financial centres.
Vietnam’s exports to Singapore continued the growth trajectory in November, rising by 31.32%, sustaining the year-on-year expansion of 32.11% for the first 11 months, positioning Vietnam as the partner with the fastest export growth there, reported the Vietnam Trade Office in the city state.
The Mercantile Exchange of Vietnam (MXV) and Singapore-based CWT International Limited, a leading provider of logistics and related engineering services, on December 5 signed a Memorandum of Understanding (MoU) for strategic cooperation in commodity logistics.
Vietnam remained Singapore's 5th largest exporter of aquatic products for three straight quarters, the Vietnam Trade Office in the city-state has said.
The total import-export turnover between Vietnam and Singapore surged 20.91% year-on-year to more than 3.1 billion SGD (about 2.3 billion USD) in July, according to the Vietnam Trade Office in Singapore.
Minister of Finance Ho Duc Phoc has led a delegation of the ministry and Vietnamese enterprises on a two-day working trip to Singapore starting August 5, aiming to step up bilateral cooperation in potential fields.
Vietnamese and Singaporean businesses shared their experience in investing in the Vietnamese market and sought partnership opportunities, during a financial investment promotion conference held in Singapore on August 6.
The Vietnam Stock Exchange (VNX) and the Singapore Exchange (SGX Group) on August 5 signed a Memorandum of Understanding (MoU) on boosting their communication channels to promote their relations and serve the interests of the Vietnamese and Singaporean stock markets.
Vietnam continued to be the top source of rice in Singapore, with 73.4 million SGD (over 54.6 million USD) worth of rice shipment to the nation during January-June, a year-on-year surge of 54.67%.
