PM encourages Singaporean firms to invest in Vietnam
(VOVWORLD) - The Vietnamese Government always encourages and creates favourable conditions for Singaporean businesses to invest in Vietnam, particularly in building a hi-tech zone in the central city of Da Nang.
 PM Nguyen Xuan Phuc meets Singaporean investors in Hanoi, April 6, 2018. (Photo: VNA) |
Prime Minister Nguyen Xuan Phuc made the remark during a reception for a delegation of Singaporean investors led by Douglas Foo, President of the Singaporean Manufacturing Federation (SMF) in Hanoi on Friday. Mr. Phuc said he hopes that Singaporean firms’ investment in Vietnam will help foster the Vietnam-Singapore strategic partnership.
Douglas Foo said Da Nang city has the potential and capability to become a second Singapore in the future. The Singaporean investors said they are ready to pour money in electronics and semiconductor manufacturing in Vietnam.