HANOI:

Singapore's Prime Minister Lawrence Wong has expressed enthusiasm for Vietnam's backing of Singaporean businesses looking to expand in the vibrant Vietnamese market, as both nations embark on an ambitious journey under their Comprehensive Strategic Partnership (CSP). This pivotal collaboration was highlighted during Wong's official visit to Hanoi on March 25.

Upon his arrival at Noi Bai International Airport, Mr. Wong met with Vietnamese Minister of Science and Technology Nguyen Manh Hung. He warmly described Vietnamese Prime Minister Pham Minh Chinh as “a friend and a like-minded and forward-looking partner,” emphasizing the shared commitment to transformative growth.

Wong praised the vision set forth by Prime Minister Chinh, centered around three 'strategic breakthroughs': institutional reform, digital infrastructure, and human resource development. These goals strongly resonate with Singapore's strategic initiatives. The push towards a sustainable green economy further aligns both countries in their CSP agenda.

During an official dinner hosted by Mr. Chinh, Wong stated, “We welcome your encouragement for Singapore companies to invest and grow their presence here in Vietnam, especially in low-carbon power sectors. We look forward to Vietnam's governmental support for such ambitious projects.” This commitment to sustainability is increasingly relevant as both nations aim to tackle climate challenges.

Reflecting on his visit, Wong noted it was his first since he took office in May of the previous year. Their ongoing exchanges—whether at regional summits or bilateral meetings—have fostered a remarkable level of trust between Singapore and Vietnam, as evidenced by the recent upgrade to CSP during Vietnamese General Secretary To Lam's visit to Singapore two weeks prior.

“This relationship has evolved significantly,” Wong explained, referencing the historical exchanges between Singapore's founding Prime Minister Lee Kuan Yew and Vietnam's former Communist Party General Secretary Do Muoi. As Singapore marked the 10th anniversary of Mr. Lee's passing, Wong reiterated the deep-rooted friendships and mutual respect that characterize the bilateral ties.

Both nations are witnessing a resurgence in people-to-people connections. Wong highlighted the continuous flow of tourists, workers, and students traversing between the two countries. He noted the pride Singapore feels in hosting a vibrant Vietnamese community, which contributes greatly to Singapore's cultural landscape, such as through their participation in events like the Chingay Parade.

The economic relationship is also flourishing, with Singapore actively contributing to Vietnam's human resource development through the Singapore Cooperation Programme—by far, Vietnam holds the record for participation with over 22,000 officials trained. The economic impact of the Vietnam-Singapore Industrial Parks continues to grow, currently featuring 20 parks that have attracted over $23 billion in investments and created more than 320,000 jobs.

Moreover, Wong directed attention to the CSP's focus on emerging sectors like renewable energy, carbon credits, and the digital economy, which are essential in navigating a rapidly evolving global landscape filled with challenges such as cybercrime and scams.

In his address, Prime Minister Chinh affirmed the healthy relationship between the two nations, stating, "Our partnership is built on solid political trust, extensive economic connectivity, and close human links aimed at fostering a shared future of sustainable and innovative growth." He emphasized Singapore’s steadfast support of Vietnam's development since its ASEAN membership in 1995.

The meeting between Wong and Chinh promises further advancement in bilateral relations, driving both nations toward a prosperous and harmonious future. The cooperation established today marks the dawn of a promising chapter in Singapore-Vietnam relations, setting the stage for innovation and sustainability for years to come.