Another major topic of discussion was the recently established international financial center, comprising two facilities in Ho Chi Minh City and Da Nang. Welcoming Vietnam’s move, Wong said the success of an international financial center depends not only on physical infrastructure but also on sound institutions and a robust legal framework. He affirmed that Singapore stands ready to support Vietnam in developing the center in an effective and sustainable manner. Beyond industrial parks and financial cooperation, the two leaders noted strong growth in bilateral trade, with two-way trade in 2025 rising 12 percent from 2024. He also suggested adding more direct air links between Singapore and major Vietnamese cities to boost tourism.

Source: Tuoitre News February 12, 2026 02:55 UTC