Singapore is Vietnam's biggest FDI source in 2026
Singapore was Vietnam's largest source of foreign direct investment in the first seven months of 2026, accounting for 35.6%, or US$7.5 billion, of total registered investment.
Singapore consistently leads among countries and territories investing in Vietnam since 2020, with investments totaling nearly $7.477 billion in the first four months of 2026. The city-state boasts over 4,500 valid projects and a total registered capital of $97 billion across manufacturing, logistics, finance, and high technology sectors.
Vietnam and Singapore share strong political ties, with the two countries upgrading their relationship to a Comprehensive Strategic Partnership in 2025. This political trust translated into practical cooperation, such as the establishment of a Strategic Partnership in 2013 and the recent Vietnam–Singapore Strategic Dialogue. The network of 28 Vietnam–Singapore Industrial Parks (VSIP) nationwide exemplifies the successful collaboration between the two nations.
Major Singaporean investors like Mapletree, Keppel Land, CapitaLand, Banyan Tree, Grab, Shopee, UOB, and KinderWorld have established a strong presence in Vietnam, expanding their investments further. Vietnam remains Singapore's 10th-largest trading partner, with bilateral trade reaching nearly S$33 billion in the first seven months of 2026.
Economic experts attribute Vietnam's appeal to Singapore's role as a regional financial, logistics, and investment hub. An increasing number of Singaporean SMEs and startups are entering Vietnam, bringing higher investment capital and creating opportunities for Vietnamese businesses. The upcoming visit by Vietnam's Standing Member of the Party Central Committee's Secretariat and the first Strategic Dialogue are expected to generate substantive progress in strategic exchanges, technological connectivity, and personnel training cooperation, promising a deeper, more effective, and sustainable partnership for both countries and ASEAN.
Written by urgent.news from VnExpress Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
