Vice Chairman of the Hai Phong People’s Committee Nguyen Van Thanh speaks at the ceremony on August 30 (Photo: VNA) Hai Phong (VNA) – The northern port city of Hai Phong hosted a ceremony on August 30 to celebrate the 45th anniversary of Vietnam-Singapore diplomatic ties (August 1, 1973). The event was co-held by the city’s Vietnam-Singapore Friendship Association and the Vietnam Union of Friendship Organisations’ Hai Phong chapter. In his remarks at the event, Vice Chairman of the Hai Phong People’s Committee Nguyen Van Thanh thanked the Government and people of Singapore for their valuable and effective support for Hai Phong, and Vietnam in general. Singapore holds with the largest number of FDI projects in Hai Phong, operating some 30 projects worth a total of nearly 700 million USD. Chief among these is the Urban, Industry, and Services Vietnam-Singapore Industrial Park Hai Phong which has attracted a number of multinational corporations such as … [Read more...] about Hai Phong marks Vietnam-Singapore diplomatic ties
Singapore
Court rules Britain free to extradite Singapore bank robbery suspect
The decision was made after the wealthy city-state agreed to waive corporal punishment if he is found guilty. Canadian David Roach is accused of having stolen S$30,000 ($22,758) from a branch of Standard Chartered bank in 2016 by handing a threatening note to a teller. He then fled to Thailand with the money. “All challenges fail,” said district judge N Tempia of the Westminster magistrates’ court. Roach’s lawyer had appealed against the extradition, in court documents seen by Reuters, citing Singapore prison conditions, the fact that his client was jailed in Thailand, and concerns that Singapore would not keep its promise. The case sparked debate at the time about whether Singapore, which has a very low crime rate, had become too complacent on security. The decision on Roach’s extradition has now been passed to Britain’s secretary of state. “Singapore authorities are working closely with the UK authorities on the next steps in this … [Read more...] about Court rules Britain free to extradite Singapore bank robbery suspect
Singapore PM: RCEP negotiations likely to be concluded this year
Singaporean Prime Minister Lee Hsien Loong. (Source: AFP/VNA) Singapore (VNA) - Negotiations for the Regional Comprehensive Economic Partnership (RCEP) have reached a “critical stage” and a conclusion is “finally in sight”, said Prime Minister Lee Hsien Loong on August 29. In his opening speech at the 50th ASEAN Economic Ministers’ Meeting (AEM) and related meetings on August 29, strengthening regional economic cooperation and integration is key for ASEAN to fully realise its potential. This includes pressing on with the implementation of the ASEAN Economic Community (AEC) Blueprint 2025, as well as supporting an open and inclusive multilateral system amid growing trade conflict, he said. The Singaporean PM noted that escalating trade tensions between the US and its key trading partners have put the rules-based multilateral trading system, which has underpinned ASEAN’s growth and prosperity, under pressure. Each ASEAN member state is … [Read more...] about Singapore PM: RCEP negotiations likely to be concluded this year
Leading Asian medical exhibitions open in Singapore today
The ribbon-cutting ceremony to open the fairs Dr Koh Poh Koon, Senior Minister of State for Trade and Industry, attended the opening ceremony. Open to trade professionals and all those involved in the medical and healthcare sectors until August 31, 2018, the synergistic trade exhibitions for the medical, healthcare, and MedTech sectors are part of MEDICAlliance’s network of trade fairs—sharing the global expertise of MEDICA, REHACARE, and COMPAMED—by Messe Düsseldorf Group. Medical and healthcare advances reflecting industry trends The two exhibitions will showcase innovations and technology from the exhibitors. Medical Fair Asia will present its largest-ever line-up of national pavilions and groups: 23 in total, including first-time participants from Belgium, Brazil, Denmark, the European Union, Iran, the Philippines, Qatar, Russia, and Spain. Singapore’s Senior Minister of State for Trade and Industry attended the opening ceremony Meeting … [Read more...] about Leading Asian medical exhibitions open in Singapore today
50th ASEAN Economic Ministers Meeting opens in Singapore
Delegates take a photo at the opening (Photo: VNA) Singapore (VNA) – The 50th ASEAN Economic Ministers (AEM 50) Meeting and Related Meetings kicked off in Singapore on August 29 with the participation of economic leaders from 10 ASEAN member states and partner countries. The Vietnamese delegation, led by Deputy Minister of Industry and Trade Tran Quoc Khanh, participated in the meetings. In his speech at the opening ceremony, Singaporean Prime Minister Lee Hsien Loong highlighted the establishment and development of the Association of Southeast Asian Nations (ASEAN). He said the bloc has tremendous economic potential with a strong market of over 630 million people. The grouping’s GDP growth has averaged 5.4 percent in recent years, well above the global average, and is projected to expand around this rate over the next five years, he noted. ASEAN is forecast to become the fourth-largest economy in the world by 2030, just behind the US, China and the European … [Read more...] about 50th ASEAN Economic Ministers Meeting opens in Singapore