Singapore's Goh Chok Tong Visits Viet Nam

Senior Singaporean Minister and former PM Goh Chok Tong and other leaders will visit Viet Nam over December 10-15 at the invitation of Prime Minister Nguyen Tan Dung.

Singaporean Senior Minister Goh Chok Tong

According to Vietnamese Foreign Ministry spokesman Le Dung, the visit aims to boost relations with Vietnamese leaders, develop plans to boost bilateral cooperation, especially in politics, economics, trade and investment, and education and training, as well as exchange views on international issues of mutual concern.

This will be Goh Chok Tong’s first visit to Viet Nam since he became Senior Minister in August 2004. He visited Viet Nam three times earlier, in 1994, 1998 and 2003, as Prime Minister.

The Singaporean leaders will meet with local businesses and attend groundbreaking ceremonies for Singaporean projects in Viet Nam, including the Viet Nam-Singapore Industrial Park in the northern province of Bac Ninh.

To date, Singapore has directly invested US$9.6 billion into more than 500 projects in Viet Nam and now ranks first among ASEAN countries investing in the country. Two-way trade topped US$7.7 billion in 2006 and US$4.5 billion by the first half of this year alone.

Singapore’s portfolios of investment into Viet Nam include oil probing and exploration, industrial manufacturing and agricultural, forestry and aquatic products processing. Services top the list of the island state’s investments with total invested capital of US$5.5 billion.

Reported by B.H – Translated by Thuy Hang

Other news