Vietnam Calls for Singapore’s Support in Digital Infrastructure Building

Vietnam Calls for Singapore’s Support in Digital Infrastructure Building
Prime Minister Pham Minh Chinh (L) and his Singaporean counterpart Lee Hsien Loong. Photo: VNA

The Vietnamese Prime Minister met his Singaporean counterpart, Lee Hsien Loong, on the sidelines of the 40th and 41st ASEAN Summits and Related Summits in Phnom Penh, Cambodia on November 12, VGP reported.

The two Prime Ministers agreed to direct relevant ministries and agencies to figure out a digital economy-green economy partnership framework and coordinate organizing activities to mark the 50th founding anniversary of diplomatic ties and the 10th founding anniversary of the strategic partnership between the two countries in 2023.

The pair also agreed to coordinate more closely at regional and international forums, especially ASEAN and the United Nations, thus contributing to the consolidation of unity and the central role of ASEAN as well as to peace, stability, development, and prosperity in the region.

Vietnam Calls for Singapore’s Support in Digital Infrastructure Building
At the meeting between Prime Minister Pham Minh Chinh and his Singaporean counterpart Lee Hsien Loong. Photo: VNA

Singapore has been the second largest among the 139 countries and territories investing in Vietnam. As of the end of June, Singapore had run about 3,000 projects in Vietnam with a total investment of about $70 billion.

In the first half of this year, Singapore invested $4.3 million in Vietnam, becoming the largest foreign investor in the country. Meanwhile, two-way trade rose nearly 22% year on year to $15.7 billion.

Currently, Vietnam is the 12th biggest trade partner of Singapore, while Singapore is the 15th of Vietnam.

The same day, Prime Minister Chinh also met with Australian Prime Minister Anthony Albanese, President of the Republic of Korea Yoon Suk-yeol, Vice President of India Jagdeep Dhankhar, and attended a series of summits between ASEAN and the bloc’s partners.

He joined leaders of other ASEAN countries and partners at the 25th ASEAN+3 (China, the RoK, Japan) Summit and other summits with India and Australia in Phnom Penh on November 12, VietnamPlus reported.

At the ASEAN+3 Summit, PM Chinh underscored that in the current context, the ASEAN and the three partners should take the leading role and stay persistent to multilateralism, trade facilitation and the opening of doors for all chances.

He stressed the need to give top priority to safe trade resumption and the reopening of economies, and showed support to the establishment of an ASEAN+3 green growth cooperation mechanism.

Vietnam Calls for Singapore’s Support in Digital Infrastructure Building
Prime Minister Pham Minh Chinh attended a series of summits between ASEAN and the bloc’s partners. Photo: VNA

The leader pledged that Vietnam will do its best for peace, stability and prosperity of ASEAN+3 countries, and proposed the countries to continue to promote the spirit of straightforward dialogue, friendly neighbourliness, harmonised interest and shared risk, contributing to creating healthy, rules-based competition, minimising conflicts, and preventing conflicts.

At the 19th ASEAN-India Summit, Chinh emphasised that the two sides should give high priority to sustainable maritime cooperation, and suggested that India continue to open its door wider for agricultural products of Vietnam and other ASEAN countries.

At the second ASEAN-Australia Summit, the PM that Australia provide technical support and open up its market for ASEAN’s agricultural products. He asked for Australia’s assistance in boosting strategic infrastructure development, and active implementation of the Mekong-Australia Partnership framework, and support to efforts to promote the growth of the Mekong sub-region, including Vietnam’s Mekong Delta region./.

Rosy Huong

The post Vietnam Calls for Singapore’s Support in Digital Infrastructure Building appeared first on Vietexplorer.com.

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