Dung said that Singapore leads ASEAN and ranks second in theworld in terms of investment capital in Vietnam with 3,095 projects totalling70.8 billion USD, accounting for 22.9% of the total registered foreign investmentin the country. The effectively operating Vietnam - Singapore Industrial Parks(VSIPs) in various Vietnamese localities such as Binh Duong, Nghe An, Bac Ninh,Binh Dinh, Quang Ngai and Can Tho have been a symbol of success in bilateral investmentcooperation.
This success also opens up important opportunities inpromoting human resources cooperation between the two countries, he stated,adding that Singapore has received many Vietnamese nationals to work onSingapore-flagged ships with more than 1,300 working in 2022.
Like Singapore, Vietnam prioritises human resources trainingto meet socio-economic development requirements, especially in the digital era.
Therefore, the official proposed Singapore considerproviding training and certificate programmes towards mutual recognition ofvocational qualifications between the two countries; and help strengthen linkagesbetween the two countries’ enterprises to promote technology transfer and trainhi-tech human resources for Vietnamese workers.
He also suggested the nation create conditions for Vietnamese students toparticipate in work holiday programmes so as to have an opportunity toexperience and gain work experience abroad and connect students of the twocountries; and continue to support Vietnam in fields of Singapore’s strengthsuch as occupational safety and health and labour-related inspection.
Tan See Leng emphasised that as human resources are the mostimportant resource of each country, Singapore is focusing on investing in the developmentof the workforce, especially vulnerable groups, with the goal of meetingeconomic development requirements in the digital revolution era.
He spoke highly of the level and creativity of Vietnam'shigh-quality human resources, affirming his willingness to cooperate and shareexperiences in the field of innovation.
Agreeing with the Vietnamese side’s proposals, the minister affirmedthat Singapore wishes to strengthen collaboration with Vietnam in many fieldsof mutual interest./.