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Just 25 per cent of respondents in the Singapore Business Federation’s (SBF) National Business Survey 2023/2024 were confident the Singapore economy will improve, compared to 41 per cent in last year’s survey.
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Singaporean investors are retaining interest in Vietnam in sectors from property, renewable energy and manufacturing to healthcare and technology.
Singapore's sovereign wealth fund, GIC, is shifting its investment strategy to focus more on emerging markets like India, Indonesia, and Vietnam.
Singaporean and regional investment in Vietnam is expected to thrive in the months to come, following a number of cooperation agreements and commitments reached by the two governments last week.