tk88 bet

Vietnam – Singapore trade surges over 27% in early 2025

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.
A shipment of 1,200 tonnes of modules was exported to Singapore by Doosan Enerbility Vietnam Heavy Industry Co., Ltd. (Doosan Vina) from Dung Quat Economic Zone, Binh Thuan Commune, Binh Son District, Quang Ngai Province. (Photo: VNA)
A shipment of 1,200 tonnes of modules was exported to Singapore by Doosan Enerbility Vietnam Heavy Industry Co., Ltd. (Doosan Vina) from Dung Quat Economic Zone, Binh Thuan Commune, Binh Son District, Quang Ngai Province. (Photo: VNA)

Hanoi (VNA) – Trade between Vietnam and Singapore continued its strong upward trend in early 2025, rising by 27.15% year-on-year during the first two months, according to Enterprise Singapore (ESG).

ꦗ 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.

Ranking 14th among exporters to Singapore, Vietnamese shipments to the city state exceeded 1.54 billion SGD in January–February, marking a 23.21% increase. Meanwhile, Vietnam was the seventh biggest importer of Singaporean goods, worth nearly 5.06 billion SGD during the period, up 28.38%.
viet-nam-singapore-doi-tac-chien-luoc-ngay-cang-tin-cay-va-ben-vung2024-2.jpg
Seventy percent of Hai Duong province’s carrot production is exported to the Singaporean market. (Photo: VNA)

In February alone, bilateral trade topped 3.18 billion SGD, a 40.41% increase from the same period in 2024.

Vietnamese exports to Singapore grew by 31.01% to 721.37 million SGD, while imports surged by 43.43% to nearly 2.46 billion SGD last month, statistics show.

Vietnam’s export structure remains diverse, with glass products rocketing 87.27% in February. Other high-growth categories included reactors, boilers, industrial machinery, and machinery spare parts (up 68.83%), along with machinery, mobile phones, electronic components,and spare parts (up 65.25%). Shipments of optical equipment, measuring tools, medical equipment, watches, together with musical instruments and components went up 89.64%. Meanwhile, alcoholic beverages also recorded a substantial gain of 84.32%.

In contrast, petrol, oil, and petroleum products saw a notable decline of 90.82%, and tobacco products down 23.79%.

In February, Vietnam's key imports from Singapore also posted significant increases, including mobile phones, electronic components, and spare parts (up 44.58%); petrol, oil, and petroleum products (up 24.73%); and industrial boilers, reactors, machine tools, and machinery spare parts (up 142.75%). Some commodities saw exceptional spikes such as lead products (up 34 times) and pharmaceuticals (up 2.3 times), whereas pearl, gem stones, and jewellery products dropped 52.48%, and watches and compoments fell 42.29%.

Looking ahead, Cao Xuan Thang, Vietnam’s Trade Counsellor in Singapore, emphasised continued support for Vietnamese enterprises seeking to expand in the market.

🥀 He highlighted that efforts will be made to provide market updates, facilitate trade connectivity, and promote Vietnamese brands through trade fairs and business networking events. Additionally, initiatives to attract Singaporean investment into Vietnam’s industrial, commercial, and service sectors will be further strengthened./.

VNA

See more

The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

𓃲 Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

🌄 OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|