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On July 7, 2023, The ties binding Singapore and Vietnam were further strengthened on Friday, with business, government and educational bodies from both countries signing 12 memorandums of understanding (MOUs) at a business forum in Hanoi.
The agreements at the one-day event will boost cooperation between the countries in areas such as sustainability, digitalisation, financial services and human capital development.
As at December 2022, Singapore was Vietnam’s second-largest foreign investor, with a cumulative investment of US$70.8 billion (S$95.7 billion), he noted.
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