Vietnam – Singapore to enhance business ties in agriculture sector

In News / July 20, 2022

On 18 May 2022, Lao Dong published an article in Vietnamese: Việt Nam – Singapore thúc đẩy kết nối doanh nghiệp nông nghiệp

We provide a translation of the key points in English below:

On the afternoon of May 18, at the National Assembly House, National Assembly Chairman Vuong Dinh Hue and his wife presided over a ceremony to welcome Singapore’s Speaker of the National Assembly Tan Chuan-Jin and his wife to visit and work in Vietnam.

In the meeting, National Assembly Chairman Vuong Dinh Hue suggested that Vietnam and Singapore should pay attention to promoting mutual business ties in the agricultural segment, especially applying high-tech to traditional agriculture, forestry and fishery in Vietnam.

In addition, Mr. Vuong Dinh Hue also suggested that Singapore prioritize increasing imports in both quantity and type of high-value items of Vietnam and support Vietnam to improve its financial capacity, transform organizational management. Organization of sales, marketing, brand management, quality and design of export products… Focusing on developing the patent-oriented cooperation model in Singapore and manufacturing in Vietnam.

Key Takeaways

  • On May 18, National Assembly Chairman Vuong Dinh Hue and his wife had a meeting with Singapore’s Speaker of the National Assembly Tan Chuan-Jin and his wife to discuss about future cooperation between Vietnam – Singapore
  • In the meeting, National Assembly Chairman Vuong Dinh Hue gave some suggestions for enhancing mutual ties, including
    • Mutually pay attention to the agricultural segment, especially applying high-tech to traditional agriculture, forestry and fishery in Vietnam.
    • Prioritize increasing imports in both quantity and type of high-value items of Vietnam.
    • Support Vietnam to improve its financial capacity and skills in business management, marketing, brand management and quality of product and packaging for export.
    • Focus on the cooperation model that a product is patented in Singapore and manufactured in Vietnam.

The original article in Vietnamese can be accessed here: https://laodong.vn/doi-ngoai/viet-nam-singapore-thuc-day-ket-noi-doanh-nghiep-nong-nghiep-1046510.ldo