Fri. Apr 19th, 2024

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

By vivian