Politics

Ambassador talks prospects of Vietnam-Singapore ties

Vietnamese Ambassador to Singapore Nguyen Tien Minh commented on the prospects of Vietnam-Singapore ties amid the current globalisation and digitalisation during a recent interview.
Ambassador talks prospects of Vietnam-Singapore ties ảnh 1Vietnamese Ambassador to Singapore Nguyen Tien Minh( Source: Vietnamese embassy in Singapore)
Singapore (VNA) –Vietnamese Ambassador to Singapore Nguyen Tien Minh commented on the prospectsof Vietnam-Singapore ties amid the current globalisation and digitalisationduring a recent interview granted to Vietnam News Agency correspondents inSingapore.

He expressed his belief thatVietnamese and Singaporean leaders will discuss new forms of investment andbusiness opportunities on the occasion of Singaporean Prime Minister Lee HsienLoong’s visit to Vietnam from March 21-24.

Minh hailed the growing ties betweenVietnam and Singapore over the past years, with two-way trade nearing 20billion SGD and Singapore becoming Vietnam’s sixth largest trade partner in theworld and the second largest in ASEAN. Vietnam, for its part, is also the 12th largest trade partner of Singapore.

In investment, Singapore is the thirdlargest investor in Vietnam, behind Japan and the Republic of Korea, with atotal registered capital of 40 billion USD.

During the four-day visit, PM Lee isscheduled to hold talks with Prime Minister Nguyen Xuan Phuc to seek to boost bilateralcooperation, as well as meet other high-ranking Vietnamese leaders.

He will also meet the Singaporeanbusiness community operating in Vietnam and attend the opening of a BusinessCentre in Ho Chi Minh City by Mapletree – a leading real estate development,investment and capital management company headquartered in Singapore.

Minh commented that the two nationshave seen important progresses in their ties. Following the 50th anniversary of Independence (August 9, 2015), the Singaporean government pressedon with mapping out a strategy on how to write another success story for thenext 50 years.

In such context, the island state hascome up with a number of measures to further step up investment as well asexpand its business presence abroad, he said.

According to him, Singaporeanscholars and economists forecast that the Vietnamese economy would progressstrongly in the region in the near future. Therefore, PM Lee’s visit is crucialto lay a foundation to further reinforcing bilateral links.

Over the past years, Singapore’s businessventures in Vietnam have been successful, notably the Vietnam-SingaporeIndustrial Park (VSIP) available in cities and provinces from the north to thesouth.-VNA 
VNA
#Vietnamese Ambassador to Singapore Nguyen Tien Minh#Vietnam-Singapore ties#VSIP#Mapletree
Follow VietnamPlus

Related News

See more

Illustrative image (Photo: VNA)

PM meets with Kazakh, Turkmen, Ethiopian leaders

Vietnamese Prime Minister Pham Minh Chinh had brief meetings with President of Kazakhstan Kassym-Jomart Tokayev, President of Turkmenistan Serdar Berdimuhamedow, and Prime Minister of Ethiopia Abiy Ahmed on the sidelines of the expanded BRICS Summit in Kazan city of Russia on October 23 evening (local time).

The seminar brings together Vietnamese researchers in Russia, young scientists of Vietnam and China, and experts from other specialised fields. (Photo: VNA)

Seminar spotlights Vietnam studies in Russia

An international seminar titled "Current issues in Vietnam studies” took place at the Centre for Vietnam and ASEAN Studies (CVAS) of the Institute of China and Contemporary Asia under the Russian Academy of Sciences on October 23.

PM meets with Chinese top leader on sidelines of BRICS+ Summit

PM meets with Chinese top leader on sidelines of BRICS+ Summit

Vietnamese Prime Minister Pham Minh Chinh had a meeting with General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping on the sidelines of the expanded BRICS Summit in Kazan, Russia, on October 23 (local time).

Vietnamese Prime Minister Pham Minh Chinh (L) meets with Turkish President Recep Tayyip Erdogan in Kazan on October 23 evening (local time). (Photo: VNA)

Vietnamese PM meets with Turkish President in Russia

Vietnamese Prime Minister Pham Minh Chinh had a meeting with Turkish President Recep Tayyip Erdogan in Kazan on October 23 evening (local time) within the framework of his trip to Russia for attendance at the expanded BRICS Summit.

Prime Minister Pham Minh Chinh (R) and Lao Party General Secretary and State President Thongloun Sisoulith in Kazan, Russia, on October 23 when attending the expanded BRICS Summit. (Photo: VNA)

PM Pham Minh Chinh meets Lao top leader

Prime Minister Pham Minh Chinh met with Lao Party General Secretary and State President Thongloun Sisoulith in Kazan, Russia, on October 23 (local time), while there to attend the expanded BRICS Summit.

Deputy Minister of Justice Nguyen Thanh Tinh. (Photo: VNA)

Party leader’s article creates new vitality to building, perfection of rule-of-law socialist State: Official

Party General Secretary To Lam’s article entitled “Promoting Party characteristics in building a law-governed socialist State in Vietnam” brings a breath of fresh air and creates new vitality to the promotion of building and perfecting the Vietnamese rule-of-law socialist State of the people, by the people, and for the people in a faster and more effective manner, commended Deputy Minister of Justice Nguyen Thanh Tinh.

Prime Minister Pham Minh Chinh arrives in Kazan city of Russia (Photo: VNA)

PM arrives in Kazan, starting trip to attend BRICS Summit

Prime Minister Pham Minh Chinh and a high-ranking delegation of Vietnam arrived in Kazan city of Russia on October 23 morning local time), beginning his two-day trip to attend the expanded BRICS Summit, at the invitation of President Vladimir Putin, Chair of BRICS 2024.