Sun. Apr 21st, 2024

The relationship between Vietnam and Singapore has been growing very
steadily, at a very healthy level, affirmed Singapore Minister of
Foreign Affairs K. Shanmugam.

relationship is excellent at both levels of leadership and
people-to-people,” Shanmugam said in his interview granted to a Vietnam
News Agency correspondent in Singapore on the occasion of the 40 th
anniversary of the two countries’ diplomatic ties (August 1,

Vietnam and Singapore , for
decades, have forged a close relationship and understanding on
worldview, reflected by regular visits and exchanges between the two
countries’ high-ranking leaders, he said.

Meanwhile, their people-to-people relationship is very strong, he added.

According to the minister, Singapore is the second largest investor
in Vietnam with its investment amounting to 30 billion USD.

“We have this Connectivity Framework Agreement which has allowed the
economic relationship between the two countries to increase very
substantially,” he said.

At present, Singapore has
four industrial parks in Vietnam and the fifth one will be coming
up soon this year, he said, adding that there are nearly 140,000
Vietnamese employed in companies in those parks, including 450 from over
20 countries.

Regarding public sector
cooperation, under the Singapore Cooperation Programme, nearly 14,000
Vietnamese have benefited from training, he stated.

“So at the people-to-people level and at the Government level, it is a
very strong relationship within ASEAN,” Shanmugam affirmed.

Vietnam and Singapore are heading for Strategic Partnership this
year, the minister said the steady and healthy relationship between
Vietnam and Singapore gives an appropriate base and a framework for
the two countries to elevate the relationship to a Strategic

“This Strategic Partnership allows our
two countries to come closer together and cooperate even more on the
economic front, on a front of greater connectivity, greater
interactions,” he noted.

According to
Minister Shanmugam, to achieve the common goal of establishing the ASEAN
Community by 2015, Singapore and Vietnam should focus on three
pillars, including economics, politics and socio-culture.

“More physical connectivity, more people-to-people connectivity will
allow us both to understand each other’s culture, benefit from it, but
also compete internationally in economic terms,” he concluded.-VNA     

By vivian