Ample room remains for Vietnam-Singapore cooperation in digital economy: expert

Dr. Pham Duc Minh from the Agency for Science, Technology and Research under the Singaporean Government (Photo: VNA)

Singapore (VNA) – Vietnam and Singapore hold substantial potential for cooperation in digital economy, science-technology and green economy, Dr. Pham Duc Minh from the Agency for Science, Technology and Research under the Singaporean Government has said.

In an interview granted to the Vietnam News Agency on the occasion of the official visit to Singapore by Prime Minister Pham Minh Chinh from February 8-10, Minh said Singapore, the pioneer in Southeast Asia as well as Asia-Pacific in this regard, wants to expand cooperation with other countries in the region in the fields.

Given limitations in the domestic market, Singaporean firms and others based in the country are in need of such cooperation, the expert explained.

Illustrative image (Source: danviet.vn)

For Vietnam, he added, digital economy, science-technology and green economy have been facilitated in terms of policy, finance and infrastructure.

According to Minh, PM Chinh’s visit aims to celebrate the 50th anniversary of the bilateral diplomatic ties and the 10th anniversary of the strategic partnership between the two countries, and looks towards stronger collaboration in these spheres.

The cooperation would help Vietnamese businesses access cutting-edge technologies as well as the Singaporean market, he said, adding that Singapore would be a gateway for them to expand their reach in the region.

The expert stressed that Singapore was one of the first investors in Vietnam, and it remains a leading investor in the country. He also suggested the two sides apply lessons drawn from their previous cooperation models to collaboration in digital economy and science-technology, with suitable adjustments./.

VNA