Unlocking Golden Opportunities for Singaporean Investors in Vietnam

As Southeast Asia’s economy recovers strongly, the Comprehensive Strategic Partnership between Vietnam and Singapore has just been elevated, opening a new chapter full of opportunities. Capital flows from Singapore remains not only stable but also expanding, affirming Vietnam as a “golden land” for strategic investment projects. 

Singapore – The leading investment partner of Vietnam 

In the first half of 2025, registered FDI into Vietnam reached USD 21.5 billion, up 32.6% year-on-year. Singapore retained its top position, with nearly USD 4.6 billion, accounting for 21.4% of total FDI, well above South Korea (USD 3.2 billion) and Japan (USD 2.7 billion). 

Bilateral trade between Vietnam and Singapore reached SGD 19.5 billion (USD 15.3 billion), an increase of 28.5%. Singapore’s exports to Vietnam stood at SGD 3.9 billion, reflecting deeper supply chain integration. 

According to FiinGroup, Singaporean FDI enterprises contribute more than 18% of Vietnam’s total exports, with strengths in textiles, electronics, and food processing. This indicates that the strategy “manufacture in Vietnam, export globally” has become a mainstream trend. 

Key sectors attracting Singaporean capital 

With GDP growth targeted at 8.3 - 8.5% in 2025 and continuous incentives offered by the Vietnamese government, particularly to major corporations from Singapore, Vietnam is becoming ASEAN’s second-fastest growing market (after the Philippines). Singapore’s FDI in Vietnam is concentrated in five key sectors: 

• Manufacturing & High-Tech: Particularly in electronics, medical devices, and semiconductors. 
• Real Estate & Urban Development: Led by Vietnam–Singapore Industrial Parks (VSIP) and commercial real estate projects in Ho Chi Minh City and Hanoi. 
• Clean & Sustainable Energy: With offshore wind and solar projects (Sembcorp, Sunseap). 
• Food & Beverages: Including F&B chains and food processing for export. 
• Healthcare: Covering private hospitals, clinics, and medical equipment. 

These sectors benefit not only from Vietnam’s competitive labor and production costs but also from over 16 free trade agreements (FTAs) signed with more than 60 major markets worldwide. As a result, Singaporean businesses are leveraging tariff advantages to export Vietnam-made goods to key destinations such as the U.S., EU, Japan, and ASEAN. 

Challenges for Singaporean investors 

Despite the clear potential, Singaporean funds and corporations face challenges when deploying capital in Vietnam: 

• Lack of transparency: Out of 2 million enterprises, only 1,700 are listed with public financial reports; most private companies have no audited data. 
• Difficulty identifying sustainable sectors: According to FiinGroup’s 2024 survey, 48% of Singaporean investors consider the “unpredictable regulatory framework” the biggest barrier. 
• Partner risks: Many M&A deals fail due to financially weak partners; nearly 30% of private corporate bonds lack clear collateral, posing risks to strategic investors. 

Therefore, transparent information, effective risk management based on timely and accurate local data are the keys for foreign investors to make smart investing decisions. 

FiinGroup’s local insights - The key to international investors’ success 

With over 17 years of market experience, FiinGroup is a pioneer in data and analytics solutions, building an ecosystem that supports key investment capital flows in Vietnam’s economy. We enable international businesses to make informed decisions with confidence through: 

• The largest financial database: with over 2 million Vietnamese enterprises. 
• Comprehensive financial analytics: including data on 2,000+ listed stocks, bonds, and credit. 
• Certified Expert team: Experienced specialists with extensive knowledge of Vietnam’s market and regulatory environment, ready to support foreign investors. 

Beyond Vietnam, FiinGroup is expanding regionally, starting with Singapore as the first hub to provide international investors with services including: 

• M&A Advisory: In-depth understanding of Vietnam’s legal and business culture. 
• Market Entry & Expansion Advisory: Market research, supply chain mapping, and local partner identification. 
• ESG Advisory: Ensuring transparency, international compliance, and sustainable growth standards. 
• Industry Reports: In-depth reports on different fields such as energy, logistics, real estate, or manufacturing 
• Partner Evaluation: Assessing active suppliers, buyers, and third parties in Vietnam. 

FiinGroup remains committed to its mission of “Enlightening the Market”, helping international businesses access Vietnam with transparent data, world-class solutions, and deep local insights, while accompanying Singaporean and global investors to unlock Vietnam’s long-term growth potential. 

Contact in Singapore: 

📧 Email: khanh.nguyenquang@fiingroup.vn 

📍 Address: Level 5, Room 07, Marina One West Tower, 9 Straits View, Singapore 018937