Prime Minister's visit to Singapore a comprehensive success
Prime Minister Nguyen Xuan Phuc and his spouse along with a high-ranking delegation from Vietnam made an official visit to Singapore from from Apr 25 to Apr 27 at the invitation of Prime Minister Lee Hsien Loong. The visit took place as Singapore and Vietnam celebrate 45 years of diplomatic relations and five years of strategic partnership. Prime Minister Phuc called on President Halimah Yacob and had talks with Prime Minister Lee who hosted a welcome ceremony and an official dinner in his honour.
The two sides shared the common viewpoint of ASEAN on East Sea issue of maintaining peace, stability, security, and safety of navigation and aviation and addressing disputes via peaceful means and in respect of diplomatic and legal processes, without use of or threat to use of force, on the basic of international law, including the United Nations Convention on the Law of the Sea 1982 (UNCLOS). They back the full implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) towards the early completion of an effective and legally binding Code of Conduct in the East Sea (COC).
The visit has created a new framework of connectivity when the economies of Vietnam and and Singapore are moving to a new period of development with more extensive and intensive integration into regional and global economies proven by their signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and active negotiations on numerous regional cooperation deals such as the Regional Comprehensive Economic Partnership Agreement (RCEP) and Free Trade Agreements (FTAs).
Prime Minister Nguyen Xuan Phuc delivered the strong reaffirmation of the Vietnamese government to adopt favourable policies for the Vietnamese community abroad, particularly encouraging overseas Vietnamese intellectuals and experts to contribute to building national development policies, as well as measures to support overseas students to start their business when coming back to the homeland. While holding talks with nearly 30 intellectuals in Singapore, including many professors and doctors of Vietnamese origin, PM Phuc took note of their opinions regarding the national development and building of a facilitating government in the new industrial era. During his meeting with Vietnamese students at the Singapore Management University, he highlighted the Government's commitment to creating a favourable start-up environment. He noted that the nearly 10,000 Vietnamese students along with a remarkable number of Vietnamese intellectuals and experts in Singapore is really a valuable human resource for Vietnam in the path of development and integration. Through the research and experience sharing on the fourth industrial revolution (Industry 4.0) and logistics, Vietnam and Singapore agreed on major cooperation orientations in building master plans and programmes on Industry 4.0, focusing on its opportunities and challenges for the Government and businesses. Singapore pledged to support Vietnam in improving capacity to take advantage of new cutting-edge technology, develop physical and technical infrastructure such as applying digitalisation, artificial intelligence and automated machines, and sharpen soft skills including management capability along with improving quality of human resources through training cooperation.
At a business forum with the participation of nearly 700 delegates, the two sides sealed over 20 cooperation agreements in specific fields such as liquefied gas, gas, agriculture, aviation, urban planning and tourism-hotel complex construction worth approximately 3 billion USD in total.