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Priorities outlined for adding to Singaporean cooperation

Vietnam Investment Review

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June 01, 2026

Vietnam and Singapore are sharing a resurgence in trade and investment ties. Rajpal Singh, Ambassador of Singapore to Vietnam, talked with VIR’s Thanh Tung about how this is being carried out.

- Thanh Tung

Which areas of bilateral cooperation do you see as having the greatest potential for growth in the coming years?

Our relationship is actually very long-standing and broad-based. We have strong cooperation in a range of areas: economic, social, cultural, and political. The comprehensive strategic partnership signed in 2025 has given us added momentum to grow our relations even further. Our economic relations are very strong, and they are set to grow even further. We are traditionally one of the biggest investors in Vietnam. Last year, we were indeed the biggest investor in Vietnam, and we provided more than a quarter of the newly registered foreign capital here.

As an example, the Vietnam-Singapore Industrial Park (VSIP) system shows how we can work together on large scale economic projects that bring benefits to both countries. The parks are taking in investments not only from Vietnam and Singapore, but all over the world. In the early 2000s, we only had two VSIPs. Today we have 22, and I am confident that they will continue to grow and bring more benefits for both Singaporean companies and our Vietnamese friends.

How do you envision bilateral economic ties to grow in the coming time?

We want to take our economic relationship further, we would like to upgrade it, and there are two key priorities.

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