EQ1. Why is it important for Singapore to invest in Vietnam?
Singapore is a small country with limited land but they have the economic strength whereas Vietnam has lots of undeveloped land available for use. Singapore can make use of the undeveloped land to build more industrial buildings and also workforce in Vietnam cost a lot less than what they have to pay in Singapore.
EQ 2. How Singapore influences Vietnam?
Singapore helps in the urban planning of Vietnam. Vietnam also makes use of the existing architecture and structure in Singapore to use the undeveloped land. Examples are the concept “Live, Work, Play and Learn” as well as a hospital located near the VSIP