PM works with leaders of major investment funds in Singapore
Prime Minister Pham Minh Chinh on February 10 had a working lunch with representatives of major investment funds of Singapore and other countries, whose headquarters are located in the city state.
Prime Minister Pham Minh Chinh (centre) speaks at the event. (Photo: VNA)
Singapore (VNA) – Prime Minister Pham Minh Chinh on February 10 had a workinglunch with representatives of major investment funds of Singapore and othercountries, whose headquarters are located in the city state.
At the workinglunch, as part of PM Chinh’s official visit to Singapore, the representativeslearnt about investment policies and opportunities in Vietnam, focusing on environmental,social and corporate governance fields.
PM Chinh saidthe world is currently facing a wide range of challenges, but this is also atime requiring countries and business communities to have a long-term vision forthe future green and sustainable development. It is a must to step up cooperationto overcome difficulties together in the spirit of “harmonised benefits andshared risks,” he said.
Informing theparticipants about Vietnam’s economic situation, the PM said the Vietnameseeconomy recovered positively in 2022 with the macro-stability being maintained,inflation well controlled, social security ensured and people’s living conditionsimproved.
Vietnam’s GDPgrowth reached 8.02% last year while the country’s import-export turnover exceeded the700 billion USD benchmark for the first time, the highest level to date, and theamount of disbursed foreign direct investment hit 22.4 billion USD, the highestsum in the past 5 years, he stressed.
According to the PM, Vietnam's socio-economic development strategy for 2021-2030 has set a goal for it to become a developing country with a modern industry and upper-middle income by 2030, and a developed and high-income nation by 2045.
Vietnam aims to develop a sustainable economy based on the three pillars of economy, society and environment, he affirmed.
The Government leader said he hoped the investment funds will support Vietnam in implementing its tasks regarding a number of areas such as institution improvement for green growth; experience in issuing green bonds; and green, circular economy building, digital transformation and innovation.
He encouraged them to propose necessary policies to promote investment in energy transition towards green growth and sustainable development.
💜 PM Chinh also suggested the funds and businesses connect and introduce investment partners, as well as share experience on green financial solutions for Vietnam./.
Vietnam encourages partners and investors to engage in digital transformation, green transition, circular economy, innovation, and hi-tech and low-emission development in the country, Prime Minister Pham Minh Chinh stated while attending a Vietnam – Singapore business forum on February 10 as part of his official visit to Singapore.
Prime Minister Pham Minh Chinh on February 10 met leading Singaporean and Singapore-based businesses and investment funds, as part of his ongoing official visit to the country.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
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).
Prime Minister Pham Minh Chinh (centre) speaks at the event. (Photo: VNA) 
