The flow of Singaporean investment in Vietnam had reached US$23.2 billion by July 2011, making it the third largest foreign investor in the country.
The figure was released at ceremony, which was co-hosted by the Ho Chi Minh City chapters of the Vietnam Union of Friendship Organisations and the Vietnam-Singapore Friendship Association on August 6 to celebrate Singapore’s 46th National Day (August 9).
Singaporean Consul General in HCM City, Pong Kok Tian, said bilateral relations, which were officially established 38 years ago, have been strengthened and expanded in many fields, from politics to economics, trade, investment, finance-banking and people-to-people cooperation.
Singapore has become a favourite destination of tourists, welcoming 323,000 Vietnamese holidaymakers in 2010 and 119,000 visitors in the first five months of this year.
Singaporean Consul General in HCM City, Pong Kok Tian, said bilateral relations, which were officially established 38 years ago, have been strengthened and expanded in many fields, from politics to economics, trade, investment, finance-banking and people-to-people cooperation.
Singapore has become a favourite destination of tourists, welcoming 323,000 Vietnamese holidaymakers in 2010 and 119,000 visitors in the first five months of this year.
VNA/VOVNews
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