Vietnamese Party chief receives leaders of outstanding firms in Singapore
As healthcare development is a key pillar in its socio-economic strategy, Vietnam needs foreign expertise, especially those from Singapore, the Party chief said.
Party General Secretary To Lam (R) and Advisor to Shangri-La Healthcare Investment and Co-founder of Hoa Lam Shangri-La Medical Co., Ltd Tran Thi Lam (Photo: VNA)
Singapore (VNA)💟 – General Secretary of the Communist Party of Vietnam Central Committee To Lam hosted a receptions for representatives of outstanding enterprises in Singapore on March 11, as part of his ongoing visit to the city state.
Meeting with Tran Thi Lam, Advisor to Shangri-La Healthcare Investment and Co-founder of Hoa Lam Shangri-La Medical Co., Ltd., the Party leader commended the company’s nearly 20-year partnership with Vietnam in health care and medical services.
Tran Thi Lam presented the company’s business activities and strategic investment plans in Vietnam, expressing a strong commitment to expanding hi-tech medical zones and fostering business connections and investment promotion.
As healthcare development is a key pillar in its socio-economic strategy, Vietnam needs foreign expertise, especially those from Singapore, the Party chief said.
He encouraged Shangri-La Healthcare Investment to continue investing in medical technology, hi-tech and quality medical equipment production, and increase technology transfer to Vietnamese partners in the coming time.
In a meeting with Chairman of Temasek Holdings Lim Boon Heng (L) (Photo: VNA)
Talking with Chairman of Temasek Holdings Lim Boon Heng, Lam said Vietnam targets a growth rate of 8% or higher this year to pave the way for double-digit growth in the following years. To achieve this, he highlighted the priority to large-scale foreign direct investment (FDI) projects to drive innovation and economic progress.
Vietnam pledges to support Temasek’s investments, ensuring a business climate conducive for the company’s success in the country, he said.
Lim, for his part, outlined Temasek’s diverse investment portfolio covering a wide range of fields such as energy and resources, telecommunications and communications, financial services, real estate, infrastructure and logistics, food and beverages, biotechnology, and healthcare. He expressed his strong interest in expanding cooperation in renewable and green energy development in Vietnam.
In his meeting with Chairman of Sembcorp Industries Tow Heng Tan, Lam highly praised the development of the Vietnam-Singapore Industrial Park (VSIP) model, calling it a successful example of economic collaboration between the two nations.
He said the Vietnamese Government is actively revising its power development plan to accelerate renewable energy adoption. Vietnam welcomes foreign enterprises, including Sembcorp, to invest in Vietnam’s power sector, especially in clean and renewable energy, and assures that the country would facilitate and support Sembcorp’s business operations for successes and sustainable growth, the top leader said.
For his part, Tow proposed a pilot policy for VSIP and expressed Sembcorp’s strong interest in expanding its investments in Vietnam’s power sector, with a focus on renewable energy and gas turbines. He also suggested bilateral cooperation in offshore wind energy projects and training courses.
In a meeting with Chief Executive Officer of Real Estate Division of Keppel Corporation Louis Lim, the Party Chief highly valued the corporation’s effective investment and business activities in Vietnam over the past time, and encouraged Keppel to expand investment in such areas as renewable energy, green infrastructure, information technology, and smart city development, which align with Vietnam's future priorities to attract investment.
He urged Keppel to focus on investing in strategic infrastructure development in Vietnam, especially in projects on social housing and worker housing, and industrial zone infrastructure, contributing to the improvement of the people's living standards.
Lim affirmed that Keppel that has been operating in Vietnam for over 30 years, wishes to continue long-term investment in the country.
In a reception for founder and managing partner of CMIA Capital Partners Lee Chong Min (Photo: VNA)
Receiving founder and managing partner of CMIA Capital Partners Lee Chong Min, Party General Secretary Lam welcomed its investment plan for the high-tech eco-agricultural urban area project in Cu Chi district, Ho Chi Minh City.
Lee said the group hopes to receive support in accelerating the project approval process, and granting approval for CMIA as the overall developer of the Ho Chi Minh city eco-technology urban area complex, as well as considering some incentive mechanisms for it.
Lam noted that Vietnam pays attention to investing in HCM City to turn it into a driving force for sustainable development in the region. Several transport infrastructure projects have created new development space, potential growth, and added value for Cu Chi and the whole region. HCM City is also urgently implementing its planning with an innovative mindset, and a long-term, strategic, sustainable vision for the development of the Cu Chi area. Relevant agencies will review and evaluate the investor' proposals and facilitate the group’s business activities in Vietnam.
At a meeting with Chairman of the Singapore Business Federation (SBF) Lim Ming Yan, Lam acknowledged the federation's effective contributions in connecting Singaporean businesses to invest and operate in the Vietnamese market.
Lim shared the efforts of Singaporean companies, particularly the four major groups, in promoting foreign direct investment into Vietnam and cooperating in sectors where Singaporean businesses can expand their investments, especially small and medium enterprises.
The Vietnamese leader recognised SBF's proposals to enhance the connectivity between the two countries' business communities and expressed his hope that SBF will continue to coordinate with relevant ministries, sectors, and localities to effectively implement connection activities and support businesses from both countries.
He emphasised that the Vietnam-Singapore strategic partnership continues to thrive in all aspects, from politics, diplomacy, economics to cultural exchange and people-to-people connections.
During his ongoing visit to Singapore, both sides wish to promote cooperation, particularly in investment areas that Singapore has strengths and Vietnam has potential, such as digital economy, knowledge economy, circular economy, renewable energy, sustainable industrial zones, and green finance.
He affirmed that Vietnam will continue to reform administrative procedures and support businesses in their investment activities in Vietnam./.
Professor Vu Minh Khuong from the Lee Kuan Yew School of Public Policy under the National University of Singapore told the Vietnam News Agency that both Vietnam and Singapore possess huge potential to elevate their relations to a new high in the coming time.
Vietnam and Singapore should work harder towards turning the Vietnam-Singapore relationship into a model for bilateral cooperation, especially in economy, further strengthening intra-bloc solidarity, said Vietnamese Ambassador to Singapore Tran Phuoc Anh.
Since Singapore's establishment, the government has recognised that its greatest asset is people. This understanding has led to long-term strategies aimed at strengthening workforce capabilities through a well-structured education system that spans primary and secondary school, college, and university.
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).
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.
