Seven bilateral cooperation pacts inked as Singapore PM visits Vietnam
Vietnam and Singapore signed seven documents on further strengthening multifaceted cooperation in Hanoi Monday in the presence of their respective prime ministers, Pham Minh Chinh and Lee Hsien Loong.
The seven followed another one signed Sunday, marking the three-day (August 27-29) visit to Vietnam by the Singaporean premier.
Vietnam’s Minister of Foreign Affairs Bui Thanh Son and his Singaporean counterpart Vivian Balakrishnan signed an agreement on research programs for senior officials of the Communist Party of Vietnam in the 2024-2026 period.
Minister of Planning and Investment Nguyen Chi Dung and Tan See Leng, Singapore’s Minister of Manpower and Second Minister for Trade and Industry inked a letter of exchange on amendments to the framework agreement connecting the two countries’ economies.
Vietnam’s Planning and Investment minister Nguyen Chi Dung (front, right) and Singapore’s Minister of Manpower Tan See Leng hold up a letter of exchange in Hanoi, August 28, 2023. Vietnam’s PM Pham Minh Chinh (back, right) and his Singaporen counterpart Lee Hsien Loong witnessed the signing. Photo courtesy of Vietnam’s government portal.
The two ministers and Vietnamese Labor Minister Dao Ngoc Dung signed another MoU on innovation talent exchanges.
Dung and Tan also signed a separate agreement on cooperation in labor resources development.
Vietnamese Education Minister Nguyen Kim Son and his Singaporean counterpart Chan Chun Sing inked an MoU to further their exchanges and cooperation on various issues of common interest.
Vietnam’s Minister of Natural Resources and Environment Dang Quoc Khanh and Singapore’s manpower minister Tan signed a letter of intent to continue implementing an earlier agreement related to the Paris Agreement on fighting climate change.
Ho Chi Minh City Vice Chairman Vo Van Hoan and Lavan Thiru, executive director of Singapore’s Agency for Infrastructure Asia, inked an MoU on promoting sustainable infrastructure development in Vietnam’s commercial hub.
A day earlier, representatives of the two countries inked an MoU to promote collaboration between Singapore’s Agency for Science, Technology and Research (A*Star) and Vietnam’s National Innovation Center (NIC).
The Sunday signing was part of the 17th Singapore-Vietnam Connectivity Ministerial Meeting.
At the event, Singapore’s manpower minister Tan and Vietnam’s investment minister Dung agreed to expand the scope of the annual meeting to cover “new and emerging areas” of energy connectivity, sustainability, as well as digital and innovation.
- Related News
- Read More
Construction trio keen on building $1.5 bln expanded expressway in southern Vietnam
Three construction majors in Vietnam are interested in building an expanded expressway connecting Ho Chi Minh City with the Mekong Delta provinces of Long An and Tien Giang for an estimated VND38.6 trillion ($1.52 billion).
Infrastructure - Tue, November 19, 2024 | 8:18 pm GMT+7
Singapore, Germany upgrade relations to strategic partnership
Singapore and Germany have decided to elevate their ties to a Strategic Partnership to promote closer cooperation in areas of mutual interest such as security, artificial intelligence (AI) and clean energy.
Southeast Asia - Tue, November 19, 2024 | 8:01 pm GMT+7
Thailand’s rice shipment up 20% in 10 months
Thailand exported 8.37 million tons of rice in January-October, a year-on-year increase of 20%, according to the Ministry of Commerce.
Southeast Asia - Tue, November 19, 2024 | 8:00 pm GMT+7
Vietnam’s inconsistent legal framework poses problems for FDI sector: Deep C exec
Vietnam’s legal framework lacks consistency and the foreign direct investment (FDI) sector will soon face challenges related to the Law on Environmental Protection, says Bruno Jaspaert, CEO of Deep C Industrial Zones.
Economy - Tue, November 19, 2024 | 6:30 pm GMT+7
Vietnam shares sink on extended foreign selloffs
Vietnamese equities fell for a fourth consecutive day on Tuesday as foreign traders extended their selling spree.
Finance - Tue, November 19, 2024 | 5:10 pm GMT+7
Germany’s household product firm QuickPack to invest $32 mln in Vietnam
Germany’s QuickPack, a specialist for household goods and hygiene products, will invest €30 million ($31.8 million) in Vietnam’s Mekong Delta province of Long An.
Industries - Tue, November 19, 2024 | 4:24 pm GMT+7
Malaysian millionaire willing to invest in convicted Vietnamese tycoon’s property project: lawyers
Malaysian millionaire Vincent Tan has evinced investment interest in a residential project owned by convicted tycoon Truong My Lan, chairwoman of Van Thinh Phat Group, lawyers for the latter have disclosed.
Real Estate - Tue, November 19, 2024 | 4:17 pm GMT+7
‘Bottleneck of bottlenecks’ continues to dog Vietnam's property, infrastructure projects
Limited consultations between state agencies and the parliament’s primary focus on wording are issues with Vietnam’s legal framework adversely affecting property and infrastructure projects, say experts and corporate leaders.
Economy - Tue, November 19, 2024 | 3:40 pm GMT+7
President Xi Jinping hastens construction of 3 Vietnam-China rail routes
Chinese President Xi Jinping has called for more substantial cooperation between China and Vietnam, including the pacier implementation of three railway routes linking the two nations.
Infrastructure - Tue, November 19, 2024 | 3:08 pm GMT+7
Vietnam developers offer deferred principal payments, interest support to boost year-end sales
Vietnamese housing developers are offering several incentives including deferred principal payments and interest support to stimulate demand and boost liquidity as the year nears its end.
Real Estate - Tue, November 19, 2024 | 2:29 pm GMT+7
Australia's EQ Resources acquires TMG Group with Vietnam-based ferrotungsten factory
Australia-based EQ Resources Limited has acquired its fellow firm Tungsten Metals Group (TMG), which owns and operates the largest ferrotungsten (FeW) factory outside China.
Companies - Tue, November 19, 2024 | 11:00 am GMT+7
Techcom Securities becomes largest broker in Vietnam by capital base
Techcom Securities JSC (TCBS) has become the largest securities company in Vietnam by charter capital after finishing a rights offering last week.
Finance - Tue, November 19, 2024 | 9:11 am GMT+7
Vietnam airport operator ACV looks to better exploit non-aviation service potential: exec
Vietnam's airports operator ACV expects to earn $145 million from non-aviation services this year, accounting for around 18.83% of its total revenue, which is modest compared to other countries, said deputy general director Nguyen Duc Hung.
Companies - Tue, November 19, 2024 | 7:45 am GMT+7
The Investor to host seminar on removing legal bottlenecks for infrastructure, property investment
A seminar themed “Removing legal bottlenecks for infrastructure and property investment” will be organized by The Investor in Hanoi on Tuesday.
Companies - Tue, November 19, 2024 | 7:00 am GMT+7
Indonesia promises Asia-Pacific investors more incentives
Indonesian President Prabowo Subianto recently told the press that he will create more incentives and expand special economic zones (SEZs) so as to lure investors from Asia-Pacific.
Southeast Asia - Mon, November 18, 2024 | 11:01 pm GMT+7
Indonesia, Brazil enhance aviation cooperation
Indonesia's state-owned aircraft manufacturer, Dirgantara Indonesia (DI), and Brazilian aerospace company Embraer have signed a memorandum of understanding (MoU) to expand collaboration in the commercial aviation sector.
Southeast Asia - Mon, November 18, 2024 | 11:00 pm GMT+7
