Vietnam and Singapore have agreed to continue linking up by encouraging investment in infrastructure, seaports and equitization of state-owned enterprises in the former country.
The agreement was made at the ninth political consultation session between the two countries in Hanoi on Monday, according to the Vietnam News Agency.
The function was co-chaired by Vietnamese Deputy Foreign Minister Le Hoai Trung and Second Permanent Secretary of Foreign Affairs of Singapore Chee Wee Kiong.
Both sides expressed their delight at the good results achieved in their bilateral strategic partnership, including politics, economic affairs, trade, investment, security, defense, education, aviation, transport, and people-to-people exchanges.
They also agreed to continue boosting defense-security partnerships and other areas, while working closely together to launch the construction of the sixth Vietnam-Singapore Industrial Park in the north-central province of Nghe An and the seventh one in the northern province of Hai Duong.
Both sides concurred that Singapore will provide more scholarships and short-term training courses for Vietnamese government and Party officials.
The city-state will continue giving support to Vietnamese citizens entering the country in line with immigration regulations, Kiong said.
The two sides pledged to partner with other ASEAN member states to successfully build the ASEAN Economic Community by the end of this year.
Highlighting the ASEAN’s role in regional cooperation, they agreed that the bloc needs to raise their common and responsible voice on key regional issues, including the East Vietnam Sea dispute, as well as the building of a Code of Conduct for the sea for the sake of peace, stability, cooperation and development in the region.