Vietnam encourages investment in sustainable development: President

Promoting investment attraction, particularly in clean energy and sustainable development, is a priority of Vietnam in the time to come, President Nguyen Xuan Phuc affirmed while receiving executives of some leading Singaporean groups on February 25 as part of his ongoing State-level visit to the nation.

Friday, February 25, 2022 11:57

Vietnam encourages investment in sustainable development: President ảnh 1

President Nguyen Xuan Phuc (third, right) witnesses the exchange of cooperation agreements between Vietnamese businesses and Sembcorp Group. (Photo: VNA)

Singapore (VNA) – Promoting investmentattraction, particularly in clean energy and sustainable development, is apriority of Vietnam in the time to come, President Nguyen Xuan Phuc affirmed whilereceiving executives of some leading Singaporean groups on February 25 as part of his ongoingState-level visit to the nation.

Among those hosted by the President was leaders of the energyand urban development group Sembcorp Industries, which has implemented 10Vietnam-Singapore industrial park (VSIP) projects worth 15.4 billion USD inseven localities in Vietnam.

Lauding its investment in the VSIP projects that have attractedinvestors and generated many jobs, Phuc hoped that Sembcorp will build similar IPs in Quang Tri and Quang Nam in central Vietnam and further invest in its projects in Quang Ngai andNghe An.

He asked the group to channel more capital intosectors with high proportion of science-technology and innovation, particularlyregarding green and sustainable development. Vietnam will create the best possible conditions for Sembcorp to reap success in investment, Phuc stressed.

Lauding Vietnam’s strong and comprehensive growth,especially in business climate improvement, and commitment to climate changeadaptation, Sembcorp pledged to accompany the country in this field, particularly thedevelopment of renewable energy and sustainable industrial parks.

Vietnam encourages investment in sustainable development: President ảnh 2

President Nguyen Xuan Phuc (R) and Loh Chin Hua, CEO of the Keppel Corporation (Photo: VNA)

Receiving Loh Chin Hua, CEO of the Keppel Corporation – whichdelivers solutions for sustainable urbanisation, the Vietnamese Presidentpraised the group’s effective investment in Vietnam over the past time,including its cooperation with a number of Vietnamese partners like Sovico. Keppelis now operating more than 20 projects worth over 3 billion USD in Vietnam.

He proposed the corporation invest in large scale andinnovative projects in renewable and clean energy,infrastructure and smart cities.

Agreeing with the proposal, the Singaporean CEO informed thatthe group is implementing a number of real estate projects in Vietnam and isaiming for a model, smart and green city.

Vietnam encourages investment in sustainable development: President ảnh 3

President Phuc (R) at his meeting with Nina Yang, CEO of the Surbana Jurong City Global group and Lee Chong Min, the Founder and Managing Partner of CMIA Capital Partners Singapore(Photo: VNA)

Phuc also met with Nina Yang, CEO of the Surbana Jurong CityGlobal group and Lee Chong Min, the Founder and Managing Partner of CMIACapital Partners Singapore. The two enterprises are making a 1.2 billion USDinvestment in a 1,000-ha multifunctional project in Ho Chi Minh City over thenext decade. The project will build a high-tech agro-food-ecological urban areawith a scale of 100,000 population.

The President asked the businesses to work with theauthorities in Vietnam and HCM City for support during their implementation ofthe project.

Vietnam encourages investment in sustainable development: President ảnh 4

President Nguyen Xuan Phuc (R) and Chairman of the Singapore Business Federation (SBF) Lim Ming Yan (Photo: VNA)

Hosting Chairman of the Singapore Business Federation (SBF) LimMing Yan, the State leader welcomed the SBF’s work to link Vietnamese andSingaporean firms, contributing to increasing the two countries’ trade to 8.5billion USD last year.

Vietnam encourages Singaporean businesses to invest ininfrastructure, energy, manufacturing, high-quality agriculture, IT, smartcities, financial services, and banking, he said.

Emphasising that investment promotion is a priority ofVietnam in the coming time, the President suggested that the SBF continue to bea bridge to promote Singaporean investment in Vietnam, contributing to push thebilateral relations to new heights./.

VNA

#Vietnam Singapore #Nguyen Xuan Phuc #Singaporean groups #sustainable development #vietnam #vietnam news agency #vietnamplus Singapore Vietnam

See more

Prime Minister Le Minh Hung (R) hosts the UK's Ambassador to Vietnam Iain Frew in Hanoi on May 20 (Photo: VNA)

Vietnam attaches great importance to ties with UK: PM

20/05/2026 21:32

Prime Minister Le Minh Hung suggested that the two countries work together towards raising bilateral trade turnover to 10 billion USD in 2026 and eventually 15 billion USD through expanded market access for each other’s goods.

Tran Sy Thanh, Politburo member, Secretary of the Party Central Committee and head of the committee’s Inspection Commission chairs the commission's meeting (Photo: VNA)

Disciplinary action taken against Party members in Bac Ninh, Quang Ninh

20/05/2026 20:41

The Party Central Committee’s Inspection Commission considered and decided disciplinary measures for several Party members with wrongdoings in the Party organisations of Quang Ninh and Bac Ninh during its six session in Hanoi on May 8 and 20.

Prime Minister Le Minh Hung (right) and Ambassador of the Democratic People’s Republic of Korea (DPRK) to Vietnam Ri Sung Guk at their meeting on May 20 (Photo: VNA)

Prime Minister receives DPRK Ambassador

20/05/2026 19:47

Prime Minister Le Minh Hung affirmed that the Party, State and people of Vietnam always attach importance to and wish to continuously nurture and promote the Vietnam–DPRK relationship in a more substantive and effective manner in the new development era, in line with the common aspirations of the two peoples and contributing to peace, stability, cooperation and development in the region and the world.

Prime Minister Le Minh Hung (right) and Cuban Ambassador to Vietnam Rogelio Polanco Fuentes at their meeting on May 20 (Photo: VNA)

PM vows to deepen Vietnam-Cuba special ties

20/05/2026 19:24

At a reception for Cuban Ambassador to Vietnam Rogelio Polanco Fuentes in Hanoi on May 20, Prime Minister Le Minh Hung stressed that the Party, Government and people of Vietnam always remember and treasure the solidarity and wholehearted support that the Party, Government and people of Cuba have extended to Vietnam during its past struggle for national liberation as well as the current cause of national construction and development.

Prime Minister Le Minh Hung has a phone conversation with New Zealand’s Prime Minister Christopher Luxon on May 20 (Photo: VNA)

PM holds phone talks with New Zealand counterpart

20/05/2026 19:17

Prime Minister Le Minh Hung proposed six major orientations for future collaboration, including further strengthening political trust through increased delegation exchanges, high-level contacts and bilateral cooperation mechanisms, and promoting more substantive defence and security cooperation through enhanced exchanges and stronger naval and maritime security capabilities.

National Assembly Chairman Tran Thanh Man addresses the working session on May 20 (Photo: VNA)

NA leader urged more substantive, professional deputy affairs work

20/05/2026 19:06

National Assembly Chairman Tran Thanh Man asked the NA Committee for Deputy Affairs to shift strongly from procedural consultation to strategic consultation, moving beyond the mindset of merely “following procedures correctly” towards policy design, process standardisation, quality control and forecasting.

☕ Afternoon briefing on May 20

20/05/2026 16:29

The following is a brief review of the day’s events as reported by the Vietnam News Agency.

General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam speaks at the working session in Hanoi with the Party Central Committee’s Commission for Policies and Strategies and relevant agencies on assessing national development resources. (Photo: VNA)

Top leader orders decisive action to unlock idle resources for growth

20/05/2026 15:44

Public resources must lead and activate private resources, while public investment should stimulate broader social investment. FDI, meanwhile, should move from quantity-based attraction toward quality-based absorption linked with technology transfer and stronger domestic linkages, said top leader To Lam.

Prof. Dr. Nguyen Xuan Thang speaks at the event. (Photo: VNA)

Editorial team meets to begin review of 100-year Party leadership

20/05/2026 15:35

Politburo member Prof. Dr. Nguyen Xuan Thang described the review as a major strategic political task, adding that the process must deliver historical depth, theoretical vision, and strategic foresight to guide Vietnam toward fast and sustainable development in the decades ahead.

An overview of the meeting between Vietnamese Ambassador to New Zealand concurrently accredited to Fiji Phan Minh Giang and Fijian President Ratu Naiqama Tawakecolati Lalabalavu. (Photo published by VNA)

Fijian President values Vietnam’s rising international standing

20/05/2026 15:09

Affirming that Fiji treasures its relationship with Vietnam, the President said the two countries should work more closely together to fully tap the considerable potential for bilateral cooperation.

NA Chairman Tran Thanh Man speaks at the working session with standing members of the NA's Committee for Economic and Financial Affairs in Hanoi on May 20. (Photo: VNA)

NA Chairman asks for enhanced policy advisory to support double-digit growth target

20/05/2026 15:08

National Assembly (NA) Chairman Tran Thanh Man has demanded the NA's Committee for Economic and Financial Affairs to enhance its policy advisory capacity, stressing that robust and evidence-based policymaking is essential to achieving the country’s ambition of double-digit economic growth while safeguarding macroeconomic stability.

Vice Chairman of the Party Central Committee’s Commission for Information, Education and Mass Mobilisation Tran Thanh Lam (R) receives Director of the Cuba’s Fidel Castro Ruz Centre Dr Rene Gonzalez Barrios in Hanoi on May 20. (Photo: VNA)

New cooperation avenues emerge from legacy of Ho Chi Minh, Fidel Castro

20/05/2026 14:55

A leader of Cuba’s Fidel Castro Ruz Centre expressed a desire to open up new areas of cooperation in publishing, organising online exhibitions and supporting one another in displaying documents and photographs reflecting the special relationship between the two countries.

Sailboats carrying activists from the Global Sumud Flotilla sail off the coast of Turkey as part of a mission heading toward the Gaza Strip. (Photo: AFP)

Vietnamese Embassy in Israel implements citizen protection measures related to Gaza-bound flotilla

20/05/2026 14:27

The Vietnamese Embassy in Israel has advised Vietnamese citizens to strictly comply with regulations of countries in the Middle East region, regularly follow security warnings issued by local authorities and Vietnamese representative agencies, and avoid areas affected by conflict or at risk of unsafety.

Prime Minister Le Minh Hung (R) and Ambassador Rick Switzer, Deputy US Trade Representative, in Hanoi on May 20, 2026. (Photo: VNA)

Prime Minister receives Deputy US Trade Representative

20/05/2026 11:51

The Vietnamese Government will continue to work closely with the US side to soon finalise the agreement, thereby further deepening economic, trade, and investment cooperation as the main driving force for bilateral relations, said Prime Minister Le Minh Hung.

Minister of Foreign Affairs Le Hoai Trung (R) and Swedish State Secretary for Foreign Affairs Dag Hartelius in Hanoi on May 19, 2026. (Photo: VNA)

Vietnam sees Sweden one of leading European partners in innovation, green development

20/05/2026 10:14

Discussing regional and international issues of mutual concern, both sides affirmed their support for multilateralism and free trade, as well as the peaceful settlement of disputes and conflicts in line with international law and the UN Charter. They also stressed the importance of maintaining peace, stability, security, safety, and freedom of navigation and overflight in accordance with international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS).