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NEWS UPDATES Asean Affairs  April  9, 2018  



Singaporean firms encouraged to invest in VN

April, 07/2018

The Vietnamese Government seeks to create favourable conditions for Singaporean businesses to invest in Viet Nam, particularly in building a hi-tech zone in the central city of Da Nang, said Prime Minister Nguyen Xuan Phuc yesterday.

Meeting Singaporean investors led by Singapore Manufacturing Federation president Douglas Foo in Ha Noi, Phuc highlighted the Viet Nam-Singapore strategic partnership, saying that the bilateral relations are growing fruitfully, boosted by a strong surge in Singapore’s foreign direct investment flow into Việt Nam.

Foo said he was impressed at the development of the central city of Da Nang, saying that the city has the potential to become a second Singapore in the future.

He suggested Da Nang build a “garden city” to lure tourists, adding that the city can become the world’s exhibition and conference centre. He also shared his country’s experience in green construction and design.

Singaporean investors expressed their wish to pour investments into Viet Nam and Da Nang in electronics and semiconductor manufacturing, in which Viet Nam has huge development potential and Singapore has strength.

Phuc welcomed the investment plans of Singaporean firms, saying that he has assigned the municipal People’s Committee of Da Nang to review Singapore’s proposals and report to the Government. —



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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