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Vietnam - Singapore starts construction, approves investment in 5 new VSIP projects

Báo Dân tríBáo Dân trí29/08/2023

(Dan Tri) - 3 new Vietnam - Singapore Industrial Park (VSIP) projects have been started, 2 VSIP projects have been granted investment approval decisions, and 12 VSIP projects have just signed development cooperation agreements.

These figures were announced at the Conference on promoting the implementation of Vietnam-Singapore investment cooperation projects on the morning of August 29, chaired by Prime Minister Pham Minh Chinh and Prime Minister Lee Hsien Loong.

The conference was attended by more than 500 delegates, including leaders of ministries, branches, provinces, cities and more than 150 enterprises from Vietnam and Singapore.

Việt Nam - Singapore khởi công, chấp thuận đầu tư 5 dự án VSIP mới - 1

Prime Minister Pham Minh Chinh and Prime Minister Lee Hsien Loong attended the Conference to promote the implementation of Vietnam-Singapore investment cooperation projects (Photo: Nhu Y).

Here, the leaders witnessed the announcement ceremony of the Vietnam - Singapore investment cooperation memorandum, including the cooperation minutes to develop 12 new VSIP projects in Vietnamese localities including: Nam Dinh, Khanh Hoa, Ninh Binh, Hai Phong, Tay Ninh, Hai Duong, Thanh Hoa, Ha Tinh, Thua Thien Hue, Binh Phuoc , Quang Ngai, Thai Binh.

Minister of Planning and Investment Nguyen Chi Dung presented VSIP representatives with the decision approving the investment policy for new VSIP projects including VSIP Lang Son and Son My 2 Industrial Park, Binh Thuan province.

The Prime Ministers of the two countries and delegates then performed the groundbreaking ceremony for VSIP's new projects, including: VSIP Can Tho, VSIP Bac Ninh 2 and VSIP Nghe An 2.

Việt Nam - Singapore khởi công, chấp thuận đầu tư 5 dự án VSIP mới - 2

Singapore Prime Minister Lee Hsien Loong speaks at the conference (Photo: Thanh Dong).

Prime Minister Lee Hsien Loong recalled that 10 years ago, he attended the groundbreaking ceremony of VSIP Quang Ngai, the 5th VSIP at that time. Since then, VSIPs have continued to grow strongly with 13 zones in 9 provinces and cities across the North, Central and South of Vietnam, attracting a total investment of 18 billion USD and creating 300,000 jobs.

He hopes that VSIPs will continue to contribute to Vietnam's economic growth and to bilateral economic cooperation between Vietnam and Singapore.

With Vietnam's sustainable development strategy and the goal of net zero emissions by 2050, Prime Minister Lee Hsien Loong recognized that the two sides have many opportunities for cooperation, especially in the fields of energy and innovation...

According to Prime Minister Pham Minh Chinh, economic - investment - trade cooperation is the most important pillar in the Vietnam - Singapore strategic partnership, always receiving attention to promote comprehensive development.

Việt Nam - Singapore khởi công, chấp thuận đầu tư 5 dự án VSIP mới - 3

Prime Minister Pham Minh Chinh speaks at the conference (Photo: Thanh Dong).

Prime Minister Pham Minh Chinh said that the 11 Vietnam-Singapore industrial parks that have come into operation have created an important driving force in attracting investment and developing the socio-economy, and are also a model for effective, sustainable and long-term cooperation between the two sides.

Agreeing with the major orientations in the bilateral relationship in the coming time that Prime Minister Lee Hsien Loong has outlined, Prime Minister Pham Minh Chinh said that it is necessary to focus on connecting the two economies, focusing on new areas such as digital transformation, green transformation, circular economy, sharing economy, innovation, and human resource training. These are also areas that Vietnam needs to learn more from Singapore.

On the other hand, based on existing results and experiences, Vietnam wishes to continue to expand and promote the effectiveness of the Vietnam - Singapore industrial park model in a sustainable manner, moving towards forming industrial - innovation - urban - service - high-tech ecosystems in many localities.

Dantri.com.vn


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