Viet Nam, Singapore PMs laud bilateral ties
Singapore (VNA) – The Prime Ministers of Viet Nam and Singapore, on August 13, were full of praise for the development of their diplomatic and economic relationship, as Vietnamese PM Nguyen Tan Dung settled into talks with his Singaporean counterpart during his official visit to the island state.To date, Singapore has invested 9.6 billion USD into more than 500 projects in Viet Nam and now ranks first among the 79 countries and territories investing in the country. Two-way trade topped 7.7 billion USD in 2006 and 4.5 billion USD by the first half of this year alone.
PM Dung and PM Lee Hsien Loong applauded Singapore businesses’ new projects in the Vietnamese localities of Bac Ninh, Thua Thien Hue and Hai Phong and agreed to give favourable conditions to businesses of both sides.
They went on to speak of the importance of the Joint Declaration on Comprehensive Cooperation Framework in the 21st century, signed in March 2004, and a Framework Agreement on Viet Nam-Singapore Connectivity in the areas of finance, investment, trade-service, transport, telecommunication-information technology and education-training.
During the talks, PM Lee Hsien Loong said he was impressed with Viet Nam’s reforms and the country’s diplomatic policies of open and strengthening regional and international integration and committed to lend further assistance to Viet Nam in the training of human resources through the provision of scholarships for Vietnamese students and boosting cooperation between universities of the two countries.
PM Dung affirmed that Viet Nam would work to contribute to the success of the 13th ASEAN Summit and its related meetings, which will be held in Singapore in November of this year.
After the talks concluded, the two PMs witnessed the signing of business cooperation contracts worth close to 185.5 million USD. The agreement saw 10 firms commit to lease 96.5 ha of land at the Viet Nam-Singapore Industrial Park (VSIP) in the northern province of Bac Ninh, a project to build a VSIP urban, industrial and service centre in the northern port city of Hai Phong, a tourism development project in the central province of Thua Thien-Hue, and an oil petrochemical complex in the central province of Phu Yen.
After his meeting with the Singaporean PM, the Vietnamese government leader was whisked to a business forum where he pledged to create a more transparent and convenient environment for investors, including those from Singapore. The roundtable, held by the Ministry of Industry and Trade in collaboration with the Viet Nam Chamber of Commerce and Industry, attracted the participation of over 200 Singaporean-based multi-national companies.
The forum saw the Vietnamese Ministry of Finance give an operational license to Singaporean insurer, Great Eastern. Nearly 1 billion USD in contracts were signed, including a 700 million USD credit agreement between Viet Nam National Shipping Lines with Credit Suisess Bank and a 100 million USD worth contract between Saigontourist and Golden Travel.
The same day, PM Dung met with Singaporean President S.R. Nathan, Minister Mentor Lee Kuan Yew and Senior Minister Goh Chok Tong where the Singaporean leaders suggested the two countries boost cooperation in finance, investment, trade-service, transport, telecommunication-information technology, and education-training.-Enditem
được đăng bởi kude.punny @ 22:17
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