Nguyen Viet Chi (Mrs)
Head of Trade Office, Vietnam Embassy
On behalf of Trade Office of Vietnam Embassy in Singapore, I would like to congratulate the Singapore Fruits and Vegetables Importers and Exporters Association (SFVIEA) on the occasion of publication of its new directory 2016/2017. For years SFVIEA Members Directory have been an invaluable tool for its members and the industry.
In the recent years, the relationship between Vietnam and Singapore has developed steadily. This is underpinned by the elevation of our bilateral relations to a Strategic Partnership in 2013 and our regular exchanges of high-level visits. We have reached a new height in our bilateral trade and investment ties with remarkable figures. Singapore continues to be the sixth largest trading partner of Viet Nam overall in 2015, with two way trade of S$21 billion and is currently Vietnam’s third-largest investor and the top investor among the ASEAN countries, with more than US$38 billion in total investments.
In term of agricultural sector, Vietnam is one of the world leading producers and exporters of agricultural products. We are now a high position in the world market for exporting rice, coffee, cashew, pepper, rubber and seafood etc, meeting both quantitative and qualitative requirement of international importers. The major reasons why Vietnam has high position in this agriculture sector because of its ideal climate and environmental conditions, low production costs and yiedls among the highest in the world.
Vietnam is well known for our fresh and tasty vegetables, fruits and roots, such as: dragon fruit, mango, star apple, lychee, longan, pineapple, chiku, pomelo, young coconut, banana, watermelon seedless, musk/sun melon, cucumber, mushroom, tomato, bean, sweet potato, flower cabbage, sweet leaf, mustard green which are exported to various countries all over the world including USA, Australia, Japan, European whose quality standards are as high as Singaporean. In addition, we are in close proximity to Singapore. These factors has contributed to the value of fruits and vegetables exported from Vietnam to Singapore which reached S$33.3 million in 2015 and S$21.4 million in 9 months of 2016 respectively. With the implementation of ASEAN Economic Community (AEC), trade relationship between Vietnam and Singapore, especially in fruits and vegetables business is expected to rise further in the coming time.
The Trade Office of Vietnam in Singapore look forward to continually cooperating with SFVIEA and its members to support Vietnamese companies find appropriate partners and bring more Vietnamese produce to Singaporean as well as international customers in the time to come.