PM pledges all possible support for Singaporean investors
Prime Minister Nguyen Xuan Phuc pledged all possible support for Singaporean investors to do long-term business in Vietnam during a meeting with Singaporean Foreign Minister Vivian Balakrishnan.
Prime Minister Nguyen Xuan Phuc (R) and Singaporean Foreign Minister Vivian Balakrishnan (Source: VNA)
Hanoi (VNA)♔ – Prime Minister Nguyen Xuan Phuc pledged all possible support for Singaporean investors to do long-term business in Vietnam during a meeting with Singaporean Foreign Minister Vivian Balakrishnan in Hanoi on October 26.
Apart from close cooperation between the two States and governments, the PM suggested increasing ties in other areas, especially in education and people-to-people exchange. He asked the Singaporean side to open more industrial parks in Da Nang, Ninh Binh, and soon inaugurate the 8th Vietnam-Singapore Industrial Park in the southern province of Binh Duong and a food processing facility in the central province of Thanh Hoa.
The two sides should promote the orientating role of the Economic Connectivity Ministerial Meeting mechanism in advising the governments on related policies, PM Phuc said, adding that the mechanism should also serve as a bridge to the business communities of both countries to access each other’s market.
Appreciating Singaporean PM Lee Hsien Loong’s opinions at recent international forums, the Vietnamese government leader stressed that ASEAN needs to pursue the common stance on the peaceful settlement of disputes, respect for international law, especially the 1982 United Nations Convention on the Law of the Sea while working towards building a Code of Conduct in the East Sea.
As ASEAN member states, Vietnam and Singapore need to consolidate solidarity and reach a common stance, he noted.
PM Phuc took note of the Singaporean FM’s proposal regarding air transport and promised to direct agencies concerned to consider and provide an early response.
Hailing the outcomes of talks between the two foreign ministers, PM Phuc said both sides should grasp opportunities arising from the fourth industrial revolution.
Balakrishnan suggested increasing the frequency of flights connecting Singapore with Hanoi, Ho Chi Minh City and Da Nang, adding that Singapore is ready to welcome more Vietnamese students to the country.
He told the host that his visit is meant to strengthen political exchange and explore business opportunities in Vietnam.
The same day, President of the Vietnam Fatherland Front Central Committee Nguyen Thien Nhan hosted a reception for the Singaporean FM.
Minister Balakrishnan said Singapore attaches importance to reinforcing the bilateral strategic partnership with Vietnam across trade, investment, human resources training, education and tourism.
On the East Sea issue, he affirmed that Singapore has practical interest in ensuring the principles of maritime and aviation freedom, and wishes parties concerned to abide by international law and uphold ASEAN’s central role in building the East Sea into an area of peace and friendship.
VFF President Nguyen Thien Nhan took the occasion to ask Singapore to share experience and assist Vietnam in building smart urban areas.
Nhan also expressed his hope that Singapore will cooperate with Vietnam in strengthening cyber security, training information technology workforce and building the e-government.-VNA
Vietnam and Singapore have agreed to boost cooperation between armies, as well as in the fight against terrorism and non-traditional security crimes such as piracy, human trafficking and laundering.
Minister of Planning and Investment Nguyen Chi Dung and Singapore’s Minister of Industry and Trade Lim Hng Kiang co-chaired the 12th Vietnam-Singapore Economic Connectivity Ministerial Meeting.
Speaker of the Singaporean Parliament Halimah Yacob has called for further strengthening Vietnam-Singapore ties across the fields, especially ties between the two legislatures.
Vietnam and Singapore have agreed to work together to seek new directions for cooperation in order to optimize opportunities and benefits brought about by free trade agreements and the ASEAN Economic
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As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
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The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
Prime Minister Nguyen Xuan Phuc (R) and Singaporean Foreign Minister Vivian Balakrishnan (Source: VNA)
