Gov’t chief receives CEOs in Singapore

At a meeting with Lee Chong Min, Founder and Managing Partner of CMIA Capital Partners Singapore, and Nina Yang, CEO of Surbana Jurong (SJ), Prime Minister Pham said that leaders of Viet Nam and Singapore applauded the partnership on digital and gree economy. 

Mr. Lee said that in April 2022, the CMIA signed a memorandum of understanding with the People's Committee of Ho Chi Minh City (HCMC) and the city’s Cu Chi district to develop a high-tech agricultural ecological urban area in the city. The CMIA is proposed to be the investor and the SJ will be the master planning designer and management unit of the project.

The CMIA expected that Viet Nam will promptly approve the adjustment of planning and the investment policy of the project, while allowing the CMIA to be its investor and developer.

Prime Minister Pham said that the Vietnamese Government has directed the building of transportation projects to connect Cu Chi, HCM City and nearby Binh Duong province to boost the district’s growth. 

The Vietnamese side will support investors during the implementation of the project, he added.

During a reception for Mr. Dilhan Pillay Sandrasegara, CEO of Temasek Holdings which poured over US$ 1 billion of direct investment in Viet Nam in the 2014-2021 period, and the owner of many major companies of Viet Nam such as VNG, Scommerce, Golden Gate and Vietcombank, Prime Minister Pham hailed Temasek’s cooperation with and support to Vietnamese partners, especially start-ups, over the past nearly 20 years.

The Government leader suggested the Temasek expand its investment in Viet Nam in the fields of infrastructure (hard and soft), green transformation, circular economy, innovation, chip production, and the building of the innovation centre in HCM City.

During a meeting with Wee Ee Cheong, CEO of United Overseas Bank Search (UOB), one of the largest banks in Asia that is operating UOB Vietnam Ltd., the Prime Minister asked UOB to introduce and propose potential investors to invest in Viet Nam and help connect more Singaporean firms with Viet Nam.

The same day, Prime Minister Pham also received Loh Chin Hua, CEO of Keppel Corporation which has operated 22 projects worth over US$ 3.6 billion in Vietnam. 

The Prime Minister welcomed and encouraged Keppel to expand investment in the fields of green economy, circular economy, renewable energy, green infrastructure, information technology, smart city, health care, and education in Viet Nam. The leader suggested that the firm invest in strategic infrastructure development in Viet Nam, especially social housing, housing for workers, and infrastructure of industrial parks./.