Singaporean firms eye stronger cooperation with Vinh Phuc province: ambassador

Vinh Phuc: Many Singaporean enterprises are interested in opportunities for cooperation with Vinh Phuc in such areas as education, health care and tourism, Singaporean Ambassador to Vietnam Jaya Ratnam said during a working visit to this northern province on April 15. He said that the Vietnam - Singapore relations have made great strides with deep political trust and growing economic and trade ties. Currently, he noted, Singapore is one the three biggest foreign investors in Vietnam. In Vinh Phuc alone, the city state has invested nearly 500 million USD in 12 projects. In particular, its YCH Group's SuperPort dry port project, carried out in coordination with Vietnam's T and T Group, has become a success symbol of the two countries' mutually beneficial cooperation. The ambassador emphasised that Singapore is committed to strengthening cooperation with the province in training high-quality human resources. In the next five years, it is ready to support Vinh Phuc to train and improve the capacity of about 50 0 cadres and skilled workers, especially in the field of logistics. Ratnam also called on Vinh Phuc to provide optimal conditions for Singaporean investors to effectively implement investment, production and business projects in the province. At the meeting, Secretary of the Vinh Phuc provincial Party Committee Duong Van An applauded cooperation activities between the province and Singapore, which have contributed to the extensive ties between the two countries. He highlighted many investment projects of Singaporean enterprises in Vinh Phuc as well as cooperation potential and opportunities in various fields in the coming time. He hoped that the ambassador will keep acting as a bridge to further strengthen Singapore's relations with Vietnam in general and Vinh Phuc in particular, and assist Singaporean firms to come and seek investment opportunities in the province. He affirmed that Vinh Phuc will direct relevant agencies and closely coordinate with the Government, ministries and central agencies to remov e difficulties and obstacles to facilitate Singaporean projects. At the same time, the province will also discuss with the Singaporean side to secure closer cooperation in human resources training to meet local development demand./. Source: Vietnam News Agency