Hanoi (VNA)𒉰 - Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong attended the groundbreaking ceremony of the Vietnam-Singapore Industrial Park in the northern province of Thai Binh (VSIP Thai Binh) on March 26.
The 333ha VSIP Thai Binh, costing nearly 221 million USD, is located in Thuy Truong commune, Thai Thuy district. The first phase, led by the VSIP Urban and Industrial Park Development JSC, involves reclaiming 278 ha for construction.
PM Pham Minh Chinh speaks at the event (Photo: VNA)
In his speech, PM Chinh highlighted the significance of PM Wong's visit, which follows the recent elevation of bilateral ties to a comprehensive strategic partnership. With over 4,000 investment projects worth more than 80 billion USD, Singapore now stands as the second largest foreign investor in Vietnam. The 20 VSIPs scattered across the country epitomise the effective, sustainable, and long-term cooperation between the two Governments and their business communities.
Chinh urged Singapore to continue expanding and promoting the first-generation VSIP industrial parks while investing sustainably in the second-generation VSIPs. He envisioned them as ecosystems of sci-tech, innovation, industry, urban area development, services, and modern technology, driving growth in various Vietnamese localities.
He believed that Vietnam-Singapore economic collaboration would keep growing comprehensively and strongly, delivering breakthroughs and reinforcing the bilateral comprehensive strategic partnership as a typical example of dynamic and effective relations within ASEAN and a model to step up intra-regional cooperation mechanisms both in the region and globally.
Singaporean PM Lawrence Wong (Photo: VNA)
Wong, for his part, called VSIP as a bedrock of bilateral relations over the past nearly three decades and a reflection of Singapore’s trust in Vietnam and its growth potential.
Recalling his earlier talks with PM Chinh, he said both sides had agreed to develop the VSIP 2.0 network sustainably and smartly, realise the outcomes of Party General Secretary To Lam’s Singapore visit by advancing digital economy, green economy and hi-tech economy, including building greener VSIPs. Accordingly, VSIP 2.0 is not only an industrial park but also a hub of sci-tech, services, smart city development, wastewater treatment, green transportation, environmental protection, cost saving and efficiency.
According to him, integrating VSIP Thai Binh into the existing network of 20 VSIPs nationwide will increase connectivity, draw investment projects to Vietnam, bring benefits to each country and improve economic connectivity in the ASEAN bloc.
The groundbreaking ceremony also saw the exchange of cooperation agreements between ministries, agencies, local authorities, and businesses from both countries. These agreements span various fields, including industrial park development, innovation, digital transformation, industrial growth, tourism, biofuel development in Vietnam, and the establishment of an integrated open innovation platform for agriculture and food value chains in both nations./.
The Prime Minister on December 22 issued a decision approving an investment policy for the first-stage construction and operation of infrastructure in the Vietnam-Singapore Industrial Park II (VSIP II), located in the Dung Quat Economic Zone, the central province of Quang Ngai.
More than 50 years since the establishment of diplomatic ties and over a decade of strategic partnership, Vietnam and Singapore upgraded their relationship to a comprehensive strategic partnership in early March 2025. This milestone marked the robust development of bilateral ties, both extensively and intensively, with growing political trust, paving the way for a new phase of enhanced cooperation between the two nations.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
