(VOVworld) – Ivan Tan, group director of IE Singapore’s South-east Asia Group, has expressed his optimism about investment opportunities of Singaporean enterprises in Vietnam, especially in consumption services, infrastructure, and production.

President Truong Tan Sang received Singaporean PM Lee Hsien Loong in Hanoi in September 2013 during his official visit to Vietnam. (Photo: Nguyen Khang/VNA)

He said Vietnam has been good at management in recent years when its inflation has been stabilized and the economy has grown at more than 5%. Tan noted the Vietnamese government has issued many incentives to attract more foreign investment, adding that Vietnam will continue the current policies, create a friendlier environment to businesses, and ensure efficient law enforcement.

Associate Professor Eugene Tan of the Singapore Management University has acknowledged that bilateral ties between Vietnam and Singapore have developed not only in politics, and economics, but also legal and defense cooperation, people-to-people exchanges, and education.