Vietnam and Singapore hold senior officials meeting
The Senior Officials Meeting under the 20th Singapore Vietnam Connectivity Ministerial Meeting was held online on September 16 bringing together representatives of ministries and agencies from both countries
Vietnam and Singapore convened a senior officials meeting to discuss bilateral cooperation and explore new initiatives. The gathering, an essential component of the Connectivity Ministerial Meeting framework, aimed to evaluate the implementation of existing agreements and pinpoint priorities for the future. Both nations expressed optimism regarding their cooperative progress, particularly in sectors such as economy, investment, trade, agriculture, finance, sustainable development, transport, energy, science and technology, and human resources development.
Officials from Vietnam and Singapore also deliberated on fresh avenues to enhance economic interconnectivity, deepen collaboration between business entities, and streamline investment, trade, and service exchanges between their countries.
The participating delegations agreed to optimize the utilization of existing cooperation frameworks while exploiting promising areas aligned with both nations' development agendas. They emphasized the significance of fortifying financial and investment connectivity, fostering business growth, advancing infrastructure and logistics, and broadening cooperation in the digital economy, innovation, and emerging economic domains.
Singapore extended its experience, assistance with capacity building, and facilitation of stronger ties with Vietnamese financial institutions, investment funds, businesses, and other stakeholders in areas of mutual interest.
Vietnam proposed that Singapore continue sharing its expertise, supporting capacity enhancement and fostering deeper connections with Vietnamese financial institutions, investment firms, businesses, and other partners in sectors where Vietnam seeks opportunities for cooperation. Both sides pledged to maintain close coordination for finalizing preparations for the 20th Singapore-Vietnam Connectivity Ministerial Meeting, laying the groundwork for implementing the meeting's outcomes in the upcoming period.
Vietnam and Singapore are significant partners in Southeast Asia, with bilateral cooperation persistently advancing positively and substantially across diverse domains.
Maintaining and enhancing the efficacy of this ministerial meeting is anticipated to fortify economic interconnectivity, broaden cooperation opportunities, and deepen the Comprehensive Strategic Partnership between Vietnam and Singapore. The biennial Singapore-Vietnam Connectivity Ministerial Meeting alternates locations between the two countries, with the 20th edition scheduled for October 9 in Singapore.
Vietnam aims to intensify financial collaboration with Russia, France, and Austria, all of whom are keen on deepening economic and financial cooperation and investment ties.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
