A working group has been set up between Vietnam and Singapore to oversee the implementation of their green-digital economic partnership between the two countries.
The working group will be led by Vietnam Minister of Planning & Investment Nguyen Chi Dung, a Vietnamese government news agency announced Thursday.
Green-Digital Economic Partnership
In February, the two Southeast Asian countries inked memorandum of understanding for the partnership, dubbed Green-Digital Economic Partnership.
The partnership was signed by Minister Nguyen Chi Dung and Singapore Second Minister for Trade & Industry Tan See Leng following an official visit of Vietnam Prime Minister Pham Minh Chinh to Singapore.
The partnership will see Singapore support Vietnam in setting up digital platforms, promoting digital transformation as well as with Vietnam’s renewable energy transition.
Meanwhile, Vietnam will continue promoting a positive investment environment to encourage Singaporean businesses to expand in the country.
Relations between the two countries have gone from strength to strength in recent years.
The Vietnam-Singapore relationship is now at its prime, said Vietnamese Ambassador to Singapore Mai Phuoc Dung in interview with Vietnam News Agency at the end of July.
The two countries are celebrating their 50th anniversary of bilateral diplomatic ties this year.
Singaporean Prime Minister Lee Hsien Loong will visit Vietnam in the second half of this year in celebration of their half-century ties.
“The ties between Singapore and Vietnam have grown from strength to strength since we established diplomatic relations 50 years ago. We are longstanding friends and close partners that enjoy wide-ranging cooperation in many areas, both bilaterally and at multilateral fora,” said Singaporean Minister for Foreign Affairs Vivian Balakrishnan in an interview with Vietnam News Agency in February.