Singapore, Vietnam ink deals on green-digital economy, trade

The deals were signed as the two states celebrated 50 years of bilateral relations.

Singapore and Vietnam have signed agreements to strengthen their green-digital economic partnership and economic and trade cooperation. 

“As we celebrate our 50th anniversary of bilateral relations and the 10th anniversary of our Strategic Partnership this year, the MOUs reflect Singapore and Vietnam’s shared commitment to deepen economic cooperation and strengthen business ties across a range of areas, from energy and sustainability to agri-trade and innovation,” Second Minister for Trade and Industry Tan See Leng said.

“I look forward to an even closer partnership and more milestones ahead in our bilateral relationship.”

Read more: SG pushes for closer collaboration with Vietnam in two areas

Under the Memorandum of Understanding on the Green-Digital Economic Partnership, Singapore and Vietnam are expected to collaborate closely in enhancing energy connectivity, sustainability, infrastructure, digital and innovation, and connectivity. 

Meanwhile, under the MoU on the Economic and Trade Cooperation Workplan, the two states are expected to facilitate cooperation in the digital economy, agri-trade, and investments.