On the afternoon of May 20, Vice Chairman of the Hai Phong People’s Committee Hoang Minh Cuong received and held a working session with a delegation from the Southeast Asia and Oceania Department of Singapore’s Ministry of Trade and Industry, led by Wong Yoke Hui, Director of the Southeast Asia and Oceania Department.
Welcoming the delegation from the Southeast Asia and Oceania Department of Singapore’s Ministry of Trade and Industry to visit and learn about Hai Phong’s investment environment, Vice Chairman Hoang Minh Cuong said that Singapore currently has 102 investment projects in the city with total investment capital of more than USD 9.8 billion, concentrated mainly in trade, services, industrial manufacturing and real estate. VSIP Industrial Park is one of the prominent symbols of cooperation between Vietnam and Singapore in Hai Phong, making an important contribution to the city’s emergence as a major industrial center in the northern region.
The Vice Chairman expressed his hope that, following the visit and working session, the Southeast Asia and Oceania Department of Singapore’s Ministry of Trade and Industry would become an investment promotion bridge between Hai Phong and Singaporean enterprises, further deepening the comprehensive strategic partnership between Vietnam and Singapore in general, as well as between Hai Phong and Singapore in particular.
Wong Yoke Hui, Director of the Southeast Asia and Oceania Department of Singapore’s Ministry of Trade and Industry, expressed her impression at Hai Phong’s strong development in recent years as an important economic growth pole of the North. She highly valued Hai Phong’s potential and advantages in seaports, industrial parks and economic zones, especially Lach Huyen international gateway port.
Wong Yoke Hui expressed her sincere thanks to Hai Phong for creating favorable conditions and supporting Singapore’s VSIP Industrial Park in maintaining stable development while attracting many strategic investors.
Singapore believes that the two sides will strengthen cooperation in areas including seaports and logistics, high-tech industries, tourism, energy oriented toward green growth, the circular economy and digital transformation, contributing to the further development of the strong cooperative relationship between Hai Phong and Singapore.
Source: Hai Phong City Electronic Information Portal