PM Nguyen Tan Dung has just agreed to send Minister of Planning and Investment Vo Hong Phuc to the 6th Vietnam-Singapore ministerial meeting on economic connectivity to be held in late 2010 in Singapore.
 |
|
The 5th Vietnam-Singapore Ministerial Meeting on Economic Connectivity is organized in Vietnam’s Central Highlands city of Da Lat, March 13, 2010
|
After four years of realizing the Vietnam-Singapore Economic Connectivity Agreement signed in 2005,the two-way trade turnover increased from SGD 10.4 billion in 2005 to over SGD 50 billion last year.
As of February 2010, Singaporean investors were running 792 ongoing projects with the total registered capital of SGD 17.3 billion. They mainly focus on five fields: processing industry; real estate; construction; arts and amusement; accommodation and catering services.
Vietnam owns 29 investment projects in Singapore with the registered capital of nearly US $50 million.