HCM City keen to step up cooperation with Singapore
HCM City wishes to cooperate with Singapore in promoting start-ups, high-quality human resources training and logistics, said Vice Chairman of the municipal People’s Committee Le Thanh Liem while meeting on May 15 with Senior Minister of State at the Ministry of Trade and Industry and the Ministry of Education of Singapore Chee Hong Tat.
Liem pledged his best efforts to improve the city’s business and investment environment so as to offer the best possible conditions for foreign investors, including those from Singapore, adding that a high-ranking delegation of the city is due to make an official visit to Singapore soon in a bid to foster bilateral cooperation.
Singapore is Ho Chi Minh City’s biggest investor, with more than 1,100 projects worth in excess of US$10 billion. It is also the city’s important trade partner, with two-way trade hitting over US$3.7 billion.
For his part, Chee Hong Tat said Singapore desires to augment cooperation with HCM in science-technology transfer and developing start-up firms, saying that his visit is a good chance for Singaporean businesses to seek cooperation opportunities.
The smart city development project of Ho Chi Minh City is a potential one for cooperation between the two sides, he noted.
Singaporean enterprises showed their keen interest in cooperating with Ho Chi Minh City in Singapore’s strong fields such as waste treatment, green energy, and production of high-quality agricultural products.
Liem pledged his best efforts to improve the city’s business and investment environment so as to offer the best possible conditions for foreign investors, including those from Singapore, adding that a high-ranking delegation of the city is due to make an official visit to Singapore soon in a bid to foster bilateral cooperation.
Singapore is Ho Chi Minh City’s biggest investor, with more than 1,100 projects worth in excess of US$10 billion. It is also the city’s important trade partner, with two-way trade hitting over US$3.7 billion.
For his part, Chee Hong Tat said Singapore desires to augment cooperation with HCM in science-technology transfer and developing start-up firms, saying that his visit is a good chance for Singaporean businesses to seek cooperation opportunities.
The smart city development project of Ho Chi Minh City is a potential one for cooperation between the two sides, he noted.
Singaporean enterprises showed their keen interest in cooperating with Ho Chi Minh City in Singapore’s strong fields such as waste treatment, green energy, and production of high-quality agricultural products.
Leave your comment on this story