Two-way trade turnover between Vietnam and Singapore exceeded 11billion SGD in the first eight months of this year, an increase of 3.5percent year on year, according to a report.
TheSingapore Department of Statistics (DOS) said on October 1 that importsfrom Vietnam kept a moderate increase of 18.5 percent, reaching 2.1billion SGD, despite a four percent decline in the country’s totalimport turnover in the first eight months of 2013.
Telephones, accessories, machineries, equipment and crude oil importedfrom Vietnam were among products that saw the highest rise.
Meanwhile, Singapore ’s exports to Vietnam hit nearly 9 billionSGD, a slight increase of 0.5 percent over the same period last year,mostly from petrol and other crude oil related products, machineries,equipment and accessories, publications and printing products, accordingto DOS.
In the first nine months of this year,Singapore businesses invested in 89 projects in Vietnam with atotal registered capital of 4.16 billion USD.
As ofSeptember, the country ranked second among 100 countries andterritories investing in Vietnam with 1.186 projects and a totalregistered capital of 28.84 billion USD.-VNA
TheSingapore Department of Statistics (DOS) said on October 1 that importsfrom Vietnam kept a moderate increase of 18.5 percent, reaching 2.1billion SGD, despite a four percent decline in the country’s totalimport turnover in the first eight months of 2013.
Telephones, accessories, machineries, equipment and crude oil importedfrom Vietnam were among products that saw the highest rise.
Meanwhile, Singapore ’s exports to Vietnam hit nearly 9 billionSGD, a slight increase of 0.5 percent over the same period last year,mostly from petrol and other crude oil related products, machineries,equipment and accessories, publications and printing products, accordingto DOS.
In the first nine months of this year,Singapore businesses invested in 89 projects in Vietnam with atotal registered capital of 4.16 billion USD.
As ofSeptember, the country ranked second among 100 countries andterritories investing in Vietnam with 1.186 projects and a totalregistered capital of 28.84 billion USD.-VNA
