Vietnam's PM says Singapore firms are important partners in economic progress

THE Vietnamese government sees Singapore companies as important partners in the country's economic development, said Vietnam's Prime Minister Nguyen Tan Dung.

Speaking at the IE Singapore Global Conversations session last Saturday, Mr Dung lauded local firms for their extensive experience in project integration and implementation.

He engaged the companies on a range of issues at the business dialogue, where he addressed concerns about the country's macro- economic stability and highlighted economic restructuring efforts under way in public investment, the financial and banking system, and state-owned enterprises, International Enterprise (IE) Singapore noted in a statement today.

Hosted by IE Singapore, the dialogue was part of a series of engagements between both countries marking 40 years of diplomatic relations.

The event was attended by Minister of State for Trade and Industry Teo Ser Luck, a visiting Vietnamese delegation and senior representatives from Singapore companies.

The firms come from a range of sectors including real estate, hospitality, finance, transport and logistics.

The Vietnamese Prime Minister also outlined several investor-friendly measures undertaken by his government.

This included promoting economic reforms, developing infrastructure and growing a highly skilled workforce to meet demand by foreign investors.