AT A GLANCE

The Singapore Business Group HCM City Chapter (SBG HCMC) is a non-profit organization established on 9 August 1992 by a small group of Singaporean doing business or working in Vietnam. Since then, it has evolved from a social club with a membership of 30 individuals into a premier business group with membership strength of more than 300 members and is growing.

Besides organizing monthly social networking sessions amongst various business communities, seminars on law and other business related topics, SBG also undertakes charity projects to help the less fortunate in Vietnam. Since 2001, SBG has set up an educational fund from proceeds of an annual charity golf event to provide scholarship for the needy and deserving Higher Secondary school and university students. To date, 2,795 such students had benefited from this scholarship.”

VISION & MISSION

OUR VISION
To be a caring, cohesive, and reputable premier business group in Vietnam.
OUR MISSION
To actively foster business relations with other business communities whilst promoting social, cultural, recreational, educational and charitable activities.
OUR OBJECTIVES
- To promote business relations amongst members as well as with Vietnamese enterprises, foreign business entities and business associations;
 
- To organize regular networking functions amongst its Members with other business entities, business associations and competent authorities;
 
- To gather and to disseminate relevant information and legislation to Members;
 
- To organize seminars and dialogues on relevant business-oriented topics of interest to Members;
 
- To co-operate with competent authorities in seeking Members’ feedback on laws, regulations and procedures relevant to enhancing the attractiveness of Vietnam’s business environment;
 
- To promote social, cultural, recreational and educational activities for its Members and their families;
 
- To act as a source of assistance and guidance for Members;
 
- To participate in public and charitable activities for the benefit of Members and the general public;
 
- To undertake any other activities that are consistent with the Association’s objectives within the laws of Vietnam;
 
- To set up Chapters in various cities and provinces in Vietnam to carry out the objective of the Association.
 
Leow Siu Lin (Ms)
Consul-General

Message from patron

Dear SBG Members and Friends,

I would like to congratulate the SBG for its good work in bringing together the Singapore community in Ho Chi Minh City (HCMC). Many members and especially new residents in Vietnam feel happy to meet their fellow Singaporeans through the SBG’s various events and makan sessions.

The SBG has continued to be active in 2017/2018. I am pleased to note that its special events such as its dinners for Chinese New Year and our National Day continue to attract a large number of persons. In addition, the SBG has continued with its business interactions and regular events like Raffles Night and hosted and co-hosted events with other Chambers of Commerce and organisations. I understand that the number of guests attending SBG events throughout 2017 was an astounding 4500! May I congratulate the Exco for its good work and I look forward to more activities in the coming year. Singaporeans play an important role in promoting people-to-people ties beyond the traditional political and economic ties that our two countries share and the SBG, through its work and activities in Vietnam, play an important role in this area. In particular, I hope that the SBG’s EdFund, which was established in 2000, will continue to provide scholarships to needy students in and around HCMC, as this is a very meaningful symbol of the friendship and cooperation between our two countries.

As we celebrate the 45th anniversary of diplomatic relations between Singapore and Vietnam in 2018, I wish the SBG and its members every success. Let us keep the Singapore flag high in HCMC!

Leow Siu Lin (Ms)
Consul-General
Consulate General of the Republic of Singapore in Ho Chi Minh City

 

Message from president

Hello my fellow Singaporeans, SBG Patron, Members, Associates and Business Partners,

Looking back at 2017, it has been an eventful year back home in Singapore. There has been a lot of economic uncertainty back home and overseas. A new US administration has taken office, with a radical approach to international trade and foreign policy. The regional maritime dispute is still looming over the horizon. Despite the overcast, Singapore’s economy still managed to grow by 3.5% which was more than doubled what has been forecasted.

In Vietnam, we saw a 10 year high of 6.8% growth in 2017 which came in slightly higher against an ambitious target of 6.7%.

Vietnam has also attracted more than 1,900 foreign direct investment (FDI) projects from Singaporean businesses between January to October last year valued at US$41.7 billion. Singapore is investing in 18 out of the 21 economic sectors in Vietnam, including the manufacturing and processing industry with 548 projects worth nearly US$18 billion, making up 44 percent of the country’s total investment in Vietnam. Singapore has also invested in 48 out of the 63 cities and provinces in Vietnam. The southern metropolis of Ho Chi Minh City drew the biggest number of Singaporean projects (992) with total registered capital of US$10.3 billion, followed by Hanoi capital (310 projects) (source: Vietnam Economic News).

Since our business group’s inception in 1992, we have gone through several reforms and revamps and we are still evolving. But what are the principles that drive our efforts?

I will give you a big one: Economic growth.

We live by the idea that if it is good for growth, it is good for everyone—every business, every worker, and every community. Currently our economy in Singapore is a historic stretch of slow growth—hovering at a seasonally-adjusted annualized basis of 2.1 percent (source: Trading Economics). We need to do better if we want job creation and business growth for Singaporeans. That was the first reason why most of our fellow Singaporeans came to Vietnam, to build their businesses (either for themselves or others) in a new market.

Our business group continues to work with our members, associates and business partners to explore commercial opportunities in and around Vietnam. We will continue to focus on business related forums and activities to open doors for future business partners across various industries and market segments.

But beyond growth, there’s another principle that drives our efforts here in our office — and it is the very principle that we are “home” away from home. We try to bond our fellow countrymen in every way feasible and possible. To be successful in what we do, we will continue to need your support and patronage.

It has been a wonderful journey with you in 2017 and we definitely look forward to a successful 2018.

I wish all of you a very happy and prosperous 2018!

Mr. Norman Lim
President

OUR PEOPLE

Mr. Norman Lim

President

Norman Lim has been in Vietnam since 2007. He has previously head two Fortune 500 MNCs, spearheading their businesses in Vietnam from scratch. With his vast Green field experience, he is now working for Metkraft Ltd (a Fisher Barton company) as their President with responsibility over their manufacturing operations and to expand their commercial footprint in Asia Pacific. He has joined SBG Exco as an Executive Member since 2008 and took rein of the chair in 2012. He has worked relentlessly with his team of Exco to bring value and more business focus activities to our members. He is also very active in CSR activities. As a PADI certified Master Instructor, he has been an active marine life conservationist in his previous tour of work in Brunei. And now he has taken over the baton to continue raising Education Funds (an SBG initiative) to help poor but deserving students in and around Ho Chi Minh City to continue their studies.

 
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