HCM City ceremony marks Singapore’s 50th National Day hinh anh 1Construction of second factory of a Singaporean firm in Vietnam. Photo: VNA
Ho Chi Minh City hopes to continue fostering its friendship and people-to-people contacts with Singapore, said Chairman of the Vietnam-Singapore Friendship Association in the city Nguyen Thanh Rum at a ceremony on August 4 to mark the 50th anniversary of Singapore’s National Day (August 9).

Rum noted that over the past years, Vietnam-Singapore relations have flourished, especially since Vietnam became a member of ASEAN in 1995.

After 40 years of diplomatic ties, the two countries have become one of each other’s major trade and investment markets in the region, he said, adding that the bilateral strategic partnership has also expanded with stronger political relations and trust.

Meanwhile, Singapore ’s Consul General in Ho Chi Minh City Leow Siu Lin reviewed the friendship and cooperation between Singapore and Vietnam as well as Ho Chi Minh City in particular over recent years, noting that bilateral ties have expanded and deepened in various fields.

In-depth political partnerships between the two countries have laid a firm foundation for their economic collaboration, she said, adding that Government-level projects and investments as well as Vietnam-Singapore industrial parks have become symbols of strong economic affiliation.

She also believed that the people-to-people relationship between Singapore and Vietnam and Ho Chi Minh City specifically will be bolstered in the future.

Thus far, Singapore has had 578 projects in Ho Chi Minh City with total capital of 8.7 billion USD. Trade between the two sides reached 4.4 billion USD in 2014.-VNA