Singapore, Vietnam forge
stronger economic links
Minister of Planning and Investment Bui Quang Vinh and
Singaporean Minister of Trade and Industry Lim Hng Kiang co-chaired the 11th
Ministerial Meeting on Vietnam-Singapore Economic Connectivity in the central
province of Thua Thien-Hue on April 17.
The annual event
focused on reviewing the outcomes of bilateral cooperation in six prioritised
fields since the previous meeting held in Singapore in April of last year,
while also seeking measures to further foster economic links between the two
countries.
The Vietnamese side proposed Singapore
continue encouraging its businesses to invest in Vietnam in new cooperation areas,
expanding the bilateral partnership for mutual benefit.
The meeting is part of the Vietnam-Singapore Economic Connectivity Agreement
signed by the two governments in 2005. The deal focuses on the six main areas
of finance, education and training, transport, information technology and
communications, investment, and trade and services.
During the event, the Vietnam National Administration of Tourism and the
Singapore Tourism Board signed a memorandum of understanding on tourism
collaboration.
At the same time, the Ministry of Planning and Investment’s Foreign
Investment Agency and Singapore’s
UOB Bank also signed a memorandum of understanding on investment promotion
cooperation.-VNA
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