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Viet Nam and Singapore are set to sign an Action Plan to formalize their Comprehensive Strategic Partnership established in March 2025, following a 12.8% increase in bilateral trade to US$9.8 billion in the first 10 months of the year. Singapore remains the largest ASEAN investor in Viet Nam, with over US$88.4 billion across 4,277 projects, including the notable Bac Lieu LNG Power Plant. Additionally, Vietnamese investments in Singapore encompass 193 projects valued at over US$686 million.