Singaporean daily spotlights PM Chinh’s official visit
The Straits Times of Singapore, in an article published on February 7, highlighted the upcoming three-day official visit to the city state by Vietnamese Prime Minister Pham Minh Chinh.
The article on The Straits Times highlights the coming visit to Singapore by PM Pham Minh Chinh. (Source: straitstimes.com)
Singapore (VNA) – The Straits Times of Singapore, in an article published on February 7, highlighted the upcoming three-day official visit to the city state by VietnamesePrime Minister Pham Minh Chinh.
The writing, titled “Vietnamese PM to visit S’pore as bothcountries eye green and digital economy deals”, cited Singapore’s Ministry of Foreign Affairs (MFA) as saying that thevisit takes place as both countries celebrate 50 years of diplomatic relationsin 2023. It also marks the 10th anniversary of a strategic partnershipagreement signed in 2013, which had upgraded ties and opened new areas ofcooperation.
This is Chinh’s first officialvisit to Singapore since he took office in 2021.
Both PMs will witness the signingof bilateral agreements that will further strengthen the multifacetedcooperation between Singapore and Vietnam, particularly in the digital andgreen economies, said the MFA.
The trip comes on the back ofhigh-level meetings between the two sides in 2022, such as the visits toVietnam by President Halimah Yacob in October and Deputy PM Heng Swee Keat inSeptember.
The articlenoted Singapore and Vietnam have strong economicties, with bilateral trade growing steadily over the past decade to reach 31.3billion SGD (2.3 billion USD) in 2022. As of May 2022, Singapore was thesecond-largest cumulative investor in Vietnam, with investments totalling 94.5billion SGD.
A major component of economic engagement is theVietnam-Singapore Industrial Parks (VSIPs). There are now 12 such parks whichhave attracted 17 billion USD of investments and created 300,000 jobs.
Technical cooperation through the Singapore CooperationProgramme is another key area of engagement. So far, more than 20,900Vietnamese officials have attended courses under the programme on variousdevelopment topics, The Straits Times reported./.
Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam will pay official visits to the Republic of Singapore and Brunei Darussalam from February 8-11.
Vietnamese Ambassador to Singapore Mai Phuoc Dung has highlighted the significance of Prime Minister Pham Minh Chinh’s coming official visit to the city state, the first among many events to be held in both countries to mark the 50th anniversary of their diplomatic ties and 10 years of the strategic partnership.
The upcoming visit to Singapore by Prime Minister Pham Minh Chinh is expected to open up important orientations for the bilateral ties, especially in digital technology and green transition, an expert has said.
Prime Minister Pham Minh Chinh’s upcoming Singapore visit holds great significance, since this is an occasion for him and his Singaporean counterpart Lee Hsien Loong enhance relations between the two Governments and States, thereby contributing to cooperation within the Association of Southeast Asian Nations (ASEAN) and ASEAN Plus.
The coming visit to Singapore by Vietnamese Prime Minister Pham Minh Chinh will be a key platform for both countries to reaffirm their excellent ties, said Singaporean Foreign Minister Vivian Balakrishnan in his written interview with the Vietnam News Agency.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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