The tenth Vietnam-Singapore Ministerial Meeting on Economic Connectivitytook place in Singapore on April 29 under the chair of Minister ofPlanning and Investment Bui Quang Vinh and Singaporean Minister of Tradeand Industry Lim Hng Kiang.
Minister Vinh saidthe meeting was a success, with new links established and recentlyarising problems solved, helping enhance the friendship and bilateralcooperation in all aspects between the two countries.
At the meeting, the two sides focused attention on the six cooperationfields specified in the Vietnam-Singapore Economic ConnectivityAgreement, which are finance, education and training, transport,information technology and communications, investment, and trade andservices.
The two sides also proposed new modelsfor cooperation, including coordination to develop Phu Quoc Island inVietnam’s southern province of Kien Giang.
The next meeting will be held in Vietnam next April.
According to Minister Vinh, Phu Quoc was an important issue at thisevent, adding that he has made clear Vietnam’s wish to have Singapore asthe main partner in technical designing and investment arrangement forthe island.
He said the Singaporean side hasproposed holding a roundtable conference on investment in Phu Quoc todiscuss issues such as planning, infrastructure building and mechanismsfor investors.
The minister also said a forumpromoting investment in Vietnam held on April 28 had attracted attentionfrom many Singaporean businesses. He stressed that Vietnam should seizethe chance and continue to improve its business and investmentenvironment to lure more Singapore investors, who are doing seriousbusiness in Vietnam.
Singapore is currently the third largest foreign investor in Vietnam with 1,258 valid projects worth more than 30 billion USD.-VNA
Minister Vinh saidthe meeting was a success, with new links established and recentlyarising problems solved, helping enhance the friendship and bilateralcooperation in all aspects between the two countries.
At the meeting, the two sides focused attention on the six cooperationfields specified in the Vietnam-Singapore Economic ConnectivityAgreement, which are finance, education and training, transport,information technology and communications, investment, and trade andservices.
The two sides also proposed new modelsfor cooperation, including coordination to develop Phu Quoc Island inVietnam’s southern province of Kien Giang.
The next meeting will be held in Vietnam next April.
According to Minister Vinh, Phu Quoc was an important issue at thisevent, adding that he has made clear Vietnam’s wish to have Singapore asthe main partner in technical designing and investment arrangement forthe island.
He said the Singaporean side hasproposed holding a roundtable conference on investment in Phu Quoc todiscuss issues such as planning, infrastructure building and mechanismsfor investors.
The minister also said a forumpromoting investment in Vietnam held on April 28 had attracted attentionfrom many Singaporean businesses. He stressed that Vietnam should seizethe chance and continue to improve its business and investmentenvironment to lure more Singapore investors, who are doing seriousbusiness in Vietnam.
Singapore is currently the third largest foreign investor in Vietnam with 1,258 valid projects worth more than 30 billion USD.-VNA
