December 19, 2025 | 06:30

Vietnam, Singapore target 30 VSIPs before 2030

Minh Hiếu

Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong pledged to prioritizing the upgrading of the Vietnam-Singapore Industrial Park (VSIP) network into a greener and smarter model.

Vietnam, Singapore target 30 VSIPs before 2030
Prime Minister Pham Minh Chinh during phone talks with his Singaporean counterpart Lawrence Wong on December 18. (Photo: Nhan Dan newspaper)

Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong,  during their phones talks on December 18, agreed to continue prioritizing the upgrading of the Vietnam–Singapore Industrial Park (VSIP) network into a second-generation model that is greener, smarter, more inclusive, and more comprehensive, with a view to building 30 VSIPs before 2030. 

They noted positive development steps in the bilateral relations following the elevation to a Comprehensive Strategic Partnership earlier this year, and committed to rolling out the 2025-2030 Action Plan.

PM Chinh welcomed progress on feasibility studies for exporting Vietnam’s offshore wind power to Singapore and proposed collaboration on small modular nuclear reactors. He also urged the early launch of joint projects in carbon credits and food security.

The Vietnamese PM encouraged Singapore's involvement in Vietnam's planned international financial centre in Ho Chi Minh City and Da Nang city, along with continued support for workforce development. He expressed hope that Vietnam-Singapore ties could serve as a regional exemplar of unity, cooperation and dialogue.

Prime Minister Wong emphasized that amid complex regional developments, Singapore expects to work closely with Vietnam to substantively realize the newly established comprehensive strategic partnership, making it a "beacon" within ASEAN for win-win and mutually beneficial cooperation.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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