VSIP model a bright spot in Vietnam-Singapore economic ties: PM
Prime Minister Nguyen Xuan Phuc, in a meeting with outgoing Singaporean Ambassador to Vietnam Catherine Wong on January 13, highlighted the great success in bilateral trade and investment relations, saying that the Vietnam-Singapore Industrial Park (VSIP) model is a bright spot in the economic ties.
Prime Minister Nguyen Xuan Phuc (R) receives outgoing Singaporean Ambassador to Vietnam Catherine Wong (Photo: VNA)
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc, in a meeting with outgoing Singaporean Ambassador to Vietnam Catherine Wong on January 13, highlighted thegreat success in bilateral trade and investment relations, saying that the Vietnam-Singapore Industrial Park (VSIP) model is a bright spot in the economic ties.
During the reception for the diplomat, the Vietnamese Government leader noted that although the relationship has recorded fruitful developments, it is notcommensurate with the potential.
Vietnam andSingapore need more cooperation models to contribute to promoting economiccooperation and GDP growth, and creating more jobs for labourers.
PM Phuc expressed his hope that more and more Singaporean technology corporations will exploreand invest in the Vietnamese market, thus maintaining Singapore's leadinginvestment position in Vietnam.
He also wished that more and more Vietnamese students will pursue their study in Singapore, which boasts good education, hence improving Vietnam's human resources quality.
He took the occasion to congratulate Singapore on its achievements in COVID-19control, and thanked the country for its recent assistance for flood victims in central Vietnam.
For her part, Ambassador Wong said despite difficulties caused by the COVID-19 pandemic,the bilateral cooperation has developed constantly, especially in economy. Singapore has become the leading investor in Vietnam, she noted, adding thatthis is considered an important achievement in the relationship between the twocountries.
Vietnam is an important market for Singapore, and Singaporean investors are nowlooking for more opportunities to invest in the country, especially in priority areas such as innovation, development of smartcities, and startups.
Vietnam andSingapore are not only partners within ASEAN but also in international andregional forums, she said.
The diplomat congratulated Vietnam on its success as ASEAN 2020 Chair despite difficulties posed by the COVID-19 pandemic, saying that Vietnam'sinitiatives have contributed to further fostering intra-bloc connection and cooperation.
Regarding multilateral trade liberalisation, Ambassador Wong highly valued Vietnam’srole in promoting the signing of the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) in 2017 and the Regional ComprehensiveEconomic Partnership (RCEP) Agreement in2020.
She alsopraised Vietnam’s COVID-19 response and economic recovery efforts, expressing herhope that the two countries will work to soon re-open doors to each other as the pandemic is brought under control./.
Vietnamese agricultural, fishery and food businesses were updated on the Singaporean market at an online conference held by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in Singapore on May 29.
To mark Singapore’s 55th National Day (August 9, 2020), Singaporean Ambassador to Vietnam Catherine Wong Siow Ping writes about Singapore’s growing Strategic Partnership with Vietnam, and how both countries have worked together to overcome challenges.
The Straits Times, an English-language daily broadsheet newspaper based in Singapore, on November 9 ran an article spotlighting impressive achievements of Vietnam, the Chair of the ASEAN 2020.
Vietnam and Singapore on December 15 discussed specific measures to enhance their bilateral ties, including the enhancement of political and diplomatic links by increasing visits and meetings at all levels and vial all channels and mechanisms of bilateral cooperation.
He also welcomed the “Vietnam Private Sector Panorama” as a platform for dialogue, awareness-raising, and inspiring a wealth-creation movement, emphasising that it must deliver tangible results.
During a meeting on August 10 in Seoul with 100 representatives from the RoK’s intellectuals, associations, people’s organisations, businesses, and non-governmental organisations operating in Vietnam, Party General Secretary To Lam expressed his gratitude to Korean friendship, economic, cultural associations, universities, research institutes, individuals, and NGOs for their significant contributions to nurturing the Vietnam–RoK relationship.
Party General Secretary To Lam met with Chairman of the Republic of Korea (RoK)–Vietnam Parliamentary Friendship Group Ahn Gyu-back in Seoul on August 10 as part of his state visit to the RoK.
The National Assembly (NA) Standing Committee is scheduled to convene its 48th session on August 11-13, with August 14-15 set as a backup date, according to the NA Office.
Vietnam’s Ambassador to Brazil and Bolivia Bui Van Nghi has led an embassy delegation to attend official events marking the 200th anniversary of Bolivia’s Independence Day.
Party General Secretary To Lam met with members of the Vietnam Innovation Network in Korea (VINK) and Vietnamese experts living and working in the Republic of Korea (RoK) in Seoul on August 10 as part of his state visit to the RoK.
In an interview with Korean media on the occasion of Party General Secretary To Lam’s state visit to the RoK, Deputy Prime Minister and Foreign Minister Bui Thanh Son affirmed that the visit demonstrates Vietnam’s strong resolve to further deepen the Comprehensive Strategic Partnership with the RoK, with the aim of fostering greater political trust, closer strategic coordination, more substantive and comprehensive cooperation, and stronger bonds of friendship between the two countries' people.
Prime Minister Pham Minh Chinh, who is also a Politburo member and Secretary of the Government Party Committee, attended the 4th Party Congress of the EVN Party Organisation for the 2025–2030 tenure on August 10, directing EVN to ensure power supply to meet the country’s development demands with double-digit growth set for the coming years.
Party General Secretary To Lam and his spouse Ngo Phuong Ly, along with a high-ranking delegation of Vietnam arrived in Seongnam Air Base in Seoul on August 10 afternoon (local time), beginning a state visit to the Republic of Korea from August 10-13.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
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.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
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.
Prime Minister Nguyen Xuan Phuc (R) receives outgoing Singaporean Ambassador to Vietnam Catherine Wong (Photo: VNA) 
