In 2021, Singapore is the leading country in terms of foreign investment capital in Bac Giang. Singaporean enterprises coming to Bac Giang province mainly poured cash into the fields of processing and manufacturing, electronic components production, animal feed processing, electrical equipment production, etc.

The Hoa Phu Industrial Park in Hiep Hoa - home to many projects of investors from Singapore.

In general, Singaporean enterprises see stable operations in Bac Giang and pay attention to investing in renovating technologies, minimizing impacts on the environment and increasing sustainable production value in line with the province’s development and investment attraction criteria.

Especially, recently, during President Nguyen Xuan Phuc's state visit to Singapore, Chairman of the People's Committee of Bac Giang province Le Anh Duong attended the Vietnam - Singapore Business Dialogue. At the event, under the witness of President Nguyen Xuan Phuc, Duong presented memoranda of understanding and investment certificates to Singaporean investors with a total investment of nearly 3.6 billion USD.

Of which, CapitalLand Group will invest in industrial, logistic and urban zones with a total capital of about 1 billion USD. The investment licences were also given to two companies of Mable Tree Group (Singapore), namely Bac Giang Logistic I Development Company (47.1 million USD) and Bac Giang Logistic II Development Company (50.4 million USD).

Recently, Bac Giang province has increased communications and promotion activities about its lychee to the potential Singaporean market, while boosting connections for direct export from Vietnam to Singapore.

In 2021, thanks to the connection efforts of the Trade Promotion Agency under the Ministry of Industry and Trade and the Trade Office of the Vietnamese Embassy in Singapore, the province approached Singapore's fruit importers to find ways to preserve and ship lychees from Vietnam to Singapore quickly while keeping the taste and quality.

Bac Giang's lychee was conveniently exported to Singapore, with an output of about 1,000 tonnes. In addition, grapefruit has also begun to mark its presence in the Singaporean market.

Under the witness of President Nguyen Xuan Phuc, Chairman of the People's Committee of Bac Giang province Le Anh Duong presents a memorandum of understanding on investment cooperation to a representative of CapitaLand Group.

One of the reasons why Singaporean investors come to Bac Giang is that the province pays attention to sustainable development and shares community benefits, not looking at the short term but having an in-depth investment in sustainable development and building enterprise value. Talking to investors at the Vietnam - Singapore Business Dialogue (held in Singapore), Chairman of the provincial People's Committee Le Anh Duong expressed his hope that 2022 will be a year with many positive changes in investment and also a year shaping the development of Bac Giang province with its high determination to develop the economy and create the best investment environment.

With the orientation of selecting projects using less land and less labor, with high investment capital, high budget contribution and high technology content, Bac Giang province continues to identify Singapore as a strategic investment partner in fields of its strength such as education and training, hi-tech agriculture, hi-tech industry, supporting industry, environment and energy saving, automobile and auto parts manufacturing…

In the coming time, Bac Giang commits to creating more favorable conditions for Singapore enterprises to do business effectively and develop sustainably in the locality, contributing to further tightening the good relationship between Bac Giang and Singapore.

Singapore cooperates to invest in industrial and urban complex worth 2.5 billion USD in Bac Giang

(BGO) – Within the State-level visit to Singapore of President Nguyen Xuan Phuc (from February 24 - 26), Saigon Telecommunication Technology Joint Stock Company (Saigontel), Vina Capital Company and Singaporean Aurous company inked and exchanged the memorandum of understanding for investment cooperation in 500 ha industrial and 200 ha urban complex (apartments for workers, experts and social house) with estimated value of 2.5 billion USD in Bac Giang province.

Bac Giang provincial leader hands over MoU and Investment Certificate to Singaporean investors totally worth nearly 3.6 billion USD

(BGO) – Continuing the programme within the State-level visit of President Nguyen Xuan Phuc to Singapore, on February 25 afternoon, Chairman of Bac Giang provincial People’s Committee (PPC) Le Anh Duong attended Vietnam – Singapore Business Dialogue.

Vietnam president, Singapore PM agree on boosting ties post pandemic

President Nguyen Xuan Phuc and Prime Minister Lee Hsien Loong have agreed to promote defense and security cooperation at a meeting in Singapore.

Vietnam, Singapore strengthen cooperation across the board

Singapore-Vietnam ties have grown from strength to strength since the two countries established their diplomatic relations in 1973.

Chairman of Bac Giang provincial People’s Committee accompanies President on Singapore visit

(BGO) - President Nguyen Xuan Phuc, his spouse and the high-level Vietnamese delegation arrived at the Changi international Airport on February 24, starting a State-level visit to Singapore. Chairman of Bac Giang provincial People’s Committee (PPC) Le Anh Duong, leaders of ministries, sectors and localities accompanied the President.