Singaporean enterprises explore Long An’s investment environment
The Mekong Delta province of Long An is willing to create favourable conditions for Singaporean businesses to expand investment in the locality, especially in the fields of innovation, green energy transition, industrial infrastructure, urban infrastructure, health, processing, manufacturing, and financial market development.
Long An (VNA) – The Mekong Delta province of Long An is willing tocreate favourable conditions for Singaporean businesses to expand investment inthe locality, especially in the fields of innovation, green energy transition, industrialinfrastructure, urban infrastructure, health, processing, manufacturing, andfinancial market development.
The statement was made by Vice Chairman ofthe provincial People’s Committee Huynh Van Son on November 29 at a seminar topromote trade cooperation between the province and Singapore, which attractedthe participation of representatives from over 40 Singaporean enterprises.
Son said that Singapore is currently theleading country in FDI investment in Long An with more than 4 billion USD,accounting for 37% of the total FDI from 40 countries and territories pouring capitalinto the locality. This proves that the province's investment environment is aleading and reliable destination for Singaporean investors.
Long An hopes Singaporebusinesses will continue to promote the effectiveness of the model of Vietnam -Singapore industrial parks in a sustainable direction, towards the formation ofindustrial, innovation, urban, services and high technology ecosystems, hestressed.
He pledged to speed up administrativereform, support investment projects, and ensure investors fully enjoypreferential policies in accordance with regulations, adding that the provinceis also implementing a plan to improve human resources to meet the needs ofbusinesses.
Singaporean Consul General in Ho Chi MinhCity Roy Kho said that Long An is one of the important and potential partnersfor Singapore businesses.
The two sides still have a lot of room toincrease cooperation and investment in all fields, particularly in renewableenergy, smart city building, logistics, agriculture, and tourism, heemphasised, showing his hope that the seminar will help both sides identifychallenges, opportunities and solutions to promote connectivity and create morecooperative and investment relationships./.
Vietnamese travel agencies are attending ITB Asia 2023 - the leading travel trade show of Asia which kicked off at Marina Bay Sands, Singapore on October 25.
Over 15.29 billion USD was channelled into 2,608 new foreign direct investment (FDI) projects as of October 20, respectively up 54% and 66.1% year on year, statistics showed.
Singaporean Ambassador to Vietnam Jaya Ratnam paid a working trip to Lang Son on November 8 to explore cooperation and investment opportunities in the northern border province.
The Ho Chi Minh National Academy of Politics (HCMA), in collaboration with the Embassy of Singapore in Vietnam and Singapore’s Lee Kuan Yew School of Public Policy, held a dialogue on achievements and prospects of 50-year Vietnam-Singapore relations in Hanoi on November 17.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
An overview of the seminar (Photo: VNA) 
