Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.

The energy sector is a new important pillar of cooperation added to the Vietnam-Singapore Framework Cooperation Agreement,

VOV.VN Singapore is one of Vietnam’s leading investors, injecting more than US$70 billion into 3,031 valid projects, a meeting in Hanoi heard on August 27.

The establishment of the Vietnam-Singapore Innovation Centre in Binh Duong is expected to become leverage to promote innovation for rapid and sustainable development, Nguyen Van Loi, Secretary of the provincial Party Committee.

Top Singaporean groups are continuing to make their mark in Vietnam’s real estate arena, from luxury apartments to industrial complexes.

Sunrise Material of Singapore signed an agreement with a Vietnamese company on August 11 to develop a polymer wrap film production project worth 100 million USD in the northern province of Nam Dinh.