The host described hisguest’s official visit as highly important to promoting the two countries’strategic partnership.
He expressed his delight thatdespite the COVID-19 pandemic’s impacts, bilateral trade has still been on therise, and Singapore isthe largest ASEAN investor in Vietnam with 2,866 valid projects worth 67.56billion USD.
The two sides should increaseall-level mutual visits and effectively implement bilateral cooperationmechanisms and agreements, especially the Vietnam - Singapore ministerialmeeting on economic connectivity. Besides, their parliaments should continuesupporting connections in post-pandemic economic recovery and development, withfocus on the areas of Singapore’s strength and Vietnam’s demand likeinnovation, green energy, digital economy, and supply chain diversification, PMChinh suggested.
Thanking Singapore for itsprecious and timely provision of medical supplies and COVID-19 vaccines, the Governmentleader of Vietnam asked both sides to bolster partnership in developing andmanufacturing COVID-19 vaccines and medication.
He also called for strongerties in defence - security, culture, tourism, and people-to-people exchange, aswell as for new development impulses in the fields that match Singapore’sstrength and Vietnam’s demand.
He informed his host of the two parliaments' memorandum of understanding on cooperation and affirmedthat the Singaporean Parliament backs the two Governments' cooperation,Singaporean enterprises’ investment in Vietnam, and the expansion of Vietnam -Singapore Industrial Parks (VSIP) to more localities so as to tighten and improvethe effectiveness of the countries’ friendship and cooperation.
At the meeting, the twoleaders also discussed the regional and global situation, along with issues ofcommon concern.
They stressed that ASEANneeds to stay persistent in its principled stance on the East Sea issue, whichis peacefully resolving disputes on the basis of international law, includingthe 1982 UN Convention on the Law of the Sea (UNCLOS). They also underlined theimportance of ensuring peace, freedom, security, and safety of navigation andoverflight in the East Sea./.