Vietnam - Singapore upgrade relations to Comprehensive Strategic Partnership

Speaking to the press, Prime Minister of the Republic of Singapore and Secretary-General of the PAP Lawrence Wong was pleased to announce that the two countries have upgraded their relationship to a Comprehensive Strategic Partnership. On this occasion, the two countries also signed many documents on enhancing cooperation, preventing and combating transnational crimes, enhancing cooperation in digital transformation, digital economy, financial technology, green economy, and renewable energy. The two sides expanded cooperation in Vietnam-Singapore Industrial Parks (VSIPs), creating jobs for people and continuing to encourage smarter, more modern VSIPs in the future... That demonstrates the level of the Comprehensive Strategic Partnership and contributes to promoting cooperation between the two countries.

Speaking at the press conference, General Secretary To Lam shared that the two sides had a very successful meeting, in the spirit of openness, frankness, sincerity and mutual understanding. The General Secretary was pleased to note that after more than 50 years of diplomatic relations, including more than 10 years of Strategic Partnership, cooperation between the two countries has developed extensively in all fields, with increased political trust.

General Secretary To Lam said that with the solid achievements that have been made, on the basis of mutual understanding and trust, sharing similarities in strategic interests and priorities, as well as a common vision on security, prosperity and sustainable development in the region, the two sides announced the upgrading of the Vietnam - Singapore relationship to a Comprehensive Strategic Partnership. This new framework will contribute to further strengthening political trust and opening up a broader and deeper space for cooperation, making the Vietnam - Singapore cooperation a model in international relations in the new era, based on respect for independence, sovereignty and political institutions of each country as well as international law, bringing practical benefits to the people, contributing to peace, stability and development of the region and the world. The two sides highly agreed on the direction of implementing the Comprehensive Strategic Partnership in the coming time.

The General Secretary emphasized that since Vietnam joined the Association of Southeast Asian Nations (ASEAN), Singapore has always been an important economic partner, accompanying Vietnam throughout its reform, opening up and development. Vietnam is proud to have a friend and comprehensive strategic partner like Singapore.

Previously, General Secretary To Lam and Prime Minister of the Republic of Singapore, Secretary General of PAP Lawrence Wong witnessed the handover ceremony of cooperation documents on the cooperation agreement on prevention and combating transnational crimes between the Ministry of Public Security of Vietnam and the Ministry of Home Affairs of Singapore; the memorandum of understanding on digital transformation between the Ministry of Public Security of Vietnam and the Ministry of Digital Development and Information of Singapore; a joint report on Vietnam - Singapore offshore wind power trade cooperation; a memorandum of understanding on enhancing cooperation in the field of financial innovation between the State Bank of Vietnam and the Monetary Authority of Singapore; a letter of intent for cooperation between the State Securities Commission and the Monetary Authority of Singapore; a decision on the investment policy for the VSIP infrastructure construction and business project for the two provinces of Nam Dinh and Nghe An; a memorandum of understanding on cooperation in research and proposal of investment projects in Ly Nhan district, Ha Nam province (Vietnam); a three-way memorandum of understanding on cooperation between A*Star - Sembcorp - Becamex.