Vietnam Becomes Lucrative Destination for Singapore’s Investors
Vietnam will be the most attractive destination in the Southeast Asia for Singapore’s investors in the time to come, recent survey shows.
According to the newest survey to find top destinations for Singaporean businesses in the next three years, Vietnam, Malaysia and Indonesia have been evaluated as the most potential destinations in the Southeast Asia.
Among 120 high-ranking and middle-ranking Singaporean managers, nearly half of them (49%) supposed that their businesses intend to invest or increase investment into Vietnam in the next three years.
Malaysia, Indonesia, Thailand, The Philippines and Cambodia are also considered as “hot spots” for Singaporean investors with the proportion of 46%, 45%, 26%, 16% and 11%, respectively.
VGP