Singapore’s National Day marked in Ho Chi Minh City
Monday, 2017-08-07 14:47:49
NDO/VNA – The Vietnam-Singapore Friendship Association in Ho Chi Minh City (VSFA) and the Ho Chi Minh City Union of Friendship Organisations (HUFO) on August 7 held an assembly to mark the 52nd anniversary of Singapore’s National Day (August 9).
Addressing the event, VSFA President Nguyen Ngoc Hoa highlighted the fruitful traditional relations between Vietnam and Singapore, saying the two countries share many similarities in culture as well as concerns over national defence and security, peace and stability in the region and the East Sea as well.
He also commented on successes of Singaporean businesses and investors in Ho Chi Minh City, of which, he said, have demonstrated efforts made by the two countries’ governments to advance the bilateral ties.
He further stated that Singaporean firms in Ho Chi Minh City have also actively participated in social activities in the locality while joining hands in people-to-people exchanges, helping enhance mutual understanding between Vietnamese and Singaporean people and strengthen the bilateral relationship.
Leow Siu Lin, Singapore’s Consul General in Ho Chi Minh City, stated that the strategic partnership between the two countries has been intensified through the exchange of high-level visits of their leaders in the past.
She added that the relationship is thriving across fields, especially in economy with the most noteworthy being seven Vietnam-Singapore industrial parks which are operating effectively in the Southeast Asian nation.
The diplomat also talked about the two countries’ cooperation in tourism, education-training, and social activities.
Singapore is currently one of Vietnam’s largest trade partners with bilateral trade revenue reaching US$15 billion in 2016. Singapore is also among Vietnam’s leading foreign direct investors, with 1,900 projects valued at more than US$41 billion.
With nearly 1,000 projects worth over US$10 billion, Singapore has become the largest investor in Ho Chi Minh City.