Vietnam remaining Singapore’s 10th largest trading partner.

Vietnam remained Singapore’s 10th largest trading partner in
2025, with bilateral trade reaching a record high of nearly SGD40 billion
(about $31 billion), a 26.2% increase year on year, according to a report from the Vietnam
News Agency has reported.

Singapore’s exports to Vietnam totalled SGD26.8 billion, up 16.1%
compared to 2024, while imports from Vietnam rose sharply to SGD13.1 billion,
surging 53.2%.

Considering only goods of Singaporean and Vietnamese origin,
Vietnam recorded a trade surplus of more than SGD5.8 billion, the Vietnam Trade
Office in Singapore said, citing data from Singapore’s Accounting and Corporate
Regulatory Authority.

In December alone, Singapore’s total trade with Vietnam
reached nearly SGD4 billion (over US$3.1 billion), up 30.1% year on year. Of
the total, exports to Vietnam amounted to SGD2.3 billion, a rise of 1.5%, while
imports from Vietnam surged to SGD1.7 billion, an increase of 113.6%.

VNA-Van Nguyen