HCMC: Opportunities for Singapore Investors

Overview of the working session

I recently had the opportunity to take part in a meeting with leaders from Ho Chi Minh City (HCMC), where discussions centred on strengthening cooperation between Singapore and Vietnam, particularly in the area of investment and long-term economic development.

Andrew Chin speaks at the meeting

The engagement was a valuable platform to exchange views on HCMC’s growth priorities and to better understand how Singapore-based businesses can contribute meaningfully to the city’s next phase of development.

Vice Chairman of Ho Chi Minh City People's Committee Nguyen Van Dung speaks at the working session

Key Takeaways from the Discussion

1. Shared Commitment to Long-Term Collaboration
A clear theme from the meeting was the mutual interest in building sustainable, long-term partnerships. Rather than focusing solely on individual projects, the discussion emphasised alignment with HCMC’s broader development vision and economic objectives.

2. Priority Areas for Cooperation
Several sectors were highlighted as having strong potential for collaboration, including:

• Urban and infrastructure development

• Logistics and supply chain connectivity

• Trade and investment facilitation

• Financial and professional services

• Innovation and smart city–related initiatives

These areas reflect both Ho Chi Minh City’s development priorities and Singapore’s strengths in regional and international markets.

3. Ho Chi Minh City’s Readiness for Investment
City leaders shared insights into ongoing and planned initiatives aimed at improving the business environment, enhancing infrastructure, and supporting high-quality foreign investment. There was a clear emphasis on transparency, efficiency, and openness to international partners.

4. Building on an Established Singapore–Vietnam Relationship
Singapore already plays a significant role as one of Vietnam’s leading foreign investors, including in Ho Chi Minh City. The meeting reinforced the view that this existing foundation provides a strong base for expanding cooperation into new and emerging areas.

The delegates took a commemorative photo after the working session

Looking Ahead

The discussion reaffirmed the importance of continued dialogue and on-the-ground engagement between Singapore and Ho Chi Minh City. I see meaningful opportunities for collaboration that can support economic growth, knowledge exchange, and mutually beneficial outcomes for businesses and communities on both sides.

For those who would like to read the official account of the meeting, the full article published by Ho Chi Minh City’s government can be found here:

👉 Read the full article:
https://hochiminhcity.gov.vn/vi/web/hcm/w/singapore-mong-muon-tim-hieu-co-hoi-hop-tac-au-tu-tai and https://congly.vn/singapore-tim-hieu-co-hoi-dau-tu-logistics-tai-tp-hcm-509345.html

photo credits: hochiminhcity.gov.vn