Singapore and Vietnam enjoy prospering economic ties


Singapore’s Prime Minister Lee Hsien Loong will arrive in Vietnam on Wednesday afternoon to commemorate the 40th anniversary of growing bilateral ties with the ASEAN member state.

In an interview with the Vietnam News Agency ahead of his visit and published in several Vietnamese dailies today, Mr Lee said economic ties between both countries are prospering while trade and investment flows are also growing.

Mr Lee said it is timely to take bilateral cooperation to the next level and he is happy that this would be elevated to a “Strategic Partnership” during the three day official visit.

The Strategic Partnership reflects the shared commitment to expand cooperation into new areas like finance, aviation and the environment.

Mr Lee has urged both sides to continue exploring new partnerships which would meet evolving needs.

Mr Lee added that he also looked forward to more regular exchanges at all levels – between the leaders, business community and the people which he believes would strengthen and deepen cooperation on the basis of mutual respect and trust.

On the first day of his visit to Hanoi, Mr Lee will hold talks with his Vietnamese counterpart, Nguyen Tan Dung and jointly launch the Strategic Partnership ties.

Another major highlight of the visit is the launch of the fifth Vietnam-Singapore Industrial Park by both Prime Ministers in Central Vietnam on September 13.




Source : Channel News Asia | September 11, 2013


About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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