Both government leader concurred to consolidate strategic trust, promote cooperation in integration and further deepen the strategic partnership between the two countries. During the talks, the two sides concurred to develop trustful political ties through the regular exchange of high-level delegations and people-to-people contacts, which they described as an important foundation for partnership in other fields. PM Lee pledged that Singapore will continue assisting Vietnam in personnel training, including Party officials, via technical collaboration under the Singapore Cooperation Programme. The two sides noted that the strong growth of bilateral economic, trade and investment is a firm pillar for the strategic partnership of the two countries, highlighting the need to create a favourable business environment and promote connectivity among businesses. PM Lee promised to assist Vietnamese firms in their bid to join the global market and supply chains, while considering the setting up of … [Read more...] about Vietnam, Singapore affirms importance of peace in East Sea
Vietnam singapore industrial park
Vietnam, Singapore convene ninth political consultation – Viet Nam – News
Both sides expressed their satisfaction with the implementation of contents in the bilateral strategic partnership, ranging from politics to economics-trade-investment, national defence-security, education, aviation connectivity, transport, people-to-people exchange, as well as region and global issues. They agreed to facilitate visits across the State, Government, National Assembly, Party levels and people-to-people exchange, continue linking up the two economies by encouraging investment and trade in the fields of infrastructure, seaport and equitisation of State-owned enterprises. The two countries will work closely together to launch the construction of the Vietnam-Singapore Industrial Parks, the sixth of its kind in Nghe An and the seventh in Hai Duong while continuing to boost national defence-security partnership and other diverse areas. Both host and guest consented to pushing educational cooperation forward by providing more Singapore’s scholarships and short-term … [Read more...] about Vietnam, Singapore convene ninth political consultation – Viet Nam – News
Strengthening Vietnam – Singapore trade relations
The Hanoitimes - The trade relations between Vietnam and Singapore have been developing since they lifted ties to strategic partnership. According to the Vietnamese Trade Office in Singapore, two-way trade reached nearly 20 billion SGD (equivalent to 14 billion USD) in 2016. Vietnam remained the 12th biggest trade partner of Singapore in the year, exporting over 4 billion SGD (3 billion USD) and importing nearly 15.7 billion SGD (over 11 billion USD) worth of goods. High-growth commodities included iron and steel products, grease, leathers, tobaccos, glass products, seafood and vegetables. Despite a trade balance decline due to Singapore’s economic downturn in 2016, Singapore remained one of the biggest trade partners of Vietnam, after China, Japan, the US, and the Republic of Korea, and the largest trade partner in ASEAN. Vietnam and Singapore have also actively coordinated at regional and international forums, especially within the framework of the Association of Southeast … [Read more...] about Strengthening Vietnam – Singapore trade relations
Bản in : Industrial parks have great development potential
Industrial parks (IPs) have great potential for development in the domestic property market in the coming time, Savills Vietnam's recent report on industry zones said. The report said according to the planning and investment ministry, there were 299 industrial parks in Vietnam as of July 2015, with a total area of approximately 84,000ha, of which the total leasable area was 56,000ha (66 percent). The leased area is approximately 26,000ha, at 46 percent occupancy. There are 212 operating IPs with less than 60,000ha of land, and 87 IPs with less than 24,000ha of land that are under site clearance and infrastructure construction. Savills Vietnam said recent research by Standard Chartered bank showed a shift of investment from China to the ASEAN community in a bid to capitalise on the upcoming Trans-Pacific Partnership (TPP). Forty-four percent of the respondents said they would choose Vietnam for its large domestic market, 29 percent for lower operational costs and 18 percent for an … [Read more...] about Bản in : Industrial parks have great development potential
Deepening Vietnam-Singapore strategic partnership
(VOVworld) – Singapore’s Prime Minister Lee Hsien Loong began a four-day official visit to Vietnam on Tuesday to deepen the Strategic Partnership between the two countries. The Republic of Singapore is an ASEAN member and one of the leading developed industrial countries in the world. Singapore has led the shift to a knowledge-based economy with the intention of becoming a major center in the the global economy by 2018. A long stride in bilateral cooperation Cooperation between Vietnam and Singapore has developed steadily since bilateral ties were established in August, 1973, and even more since Vietnam became an ASEAN member in 1995. Vietnam has become one of Singapore’s key trade and investment market in Southeast Asia. In 2004, they signed a “Joint Declaration On a Comprehensive Cooperation Framework in the 21st century” which created a legal framework and conditions to boost bilateral friendship and multifaceted cooperation. The two countries issued a … [Read more...] about Deepening Vietnam-Singapore strategic partnership