Singapore

Illustration. (Photo: thethaovietnamplus.vn)) Hanoi (VNA) – Vietnamese archers have brought home seven gold medals to rank first in the medal tally at Singapore Archery Open 2022. Archers Nguyen Thi Thanh Nhi and Do Thi Nguyet Anh championed the women’s doubles single-string event. Nhi also claimed her second gold medal in the women’s single event. Vietnam also won golds in the men’s singles single-string and three-string, the men’s triples single-string and three-string, and the women’s triple three-string events. Twelve Vietnamese archers competed in this year’s tournament which took place from September 9 – 11. It was the first international archery tournament Vietnam had joined after SEA Games 31./. VNA … [Read more...] about Vietnam claims seven gold medals at Singapore Archery Open 2022

Egypt’s Minister of Foreign Affairs Sameh Shoukry (R) in his meeting on September 12 in Cairo with Teo Chee Hea, Singapore’s Senior Minister & Coordinating Minister for National Security. (Photo:Egyptian Foreign Ministry) Cairo (VNA) - Egypt’s Minister of Foreign Affairs Sameh Shoukry stressed that his country is keen on developing ties with Singapore in various fields at a September 12 meeting in Cairo with Teo Chee Hea, Singapore’s Senior Minister & Coordinating Minister for National Security. According to the Egyptian Ministry of Foreign Affairs' statement, the two sides exchanged views on the most important issues at the international level, as well as their impact on global economic stability and ways to achieve stability and security in many conflict areas. They also discussed the most important topics on the international climate action agenda, including ongoing preparations for the UN Climate Change Conference (COP27), which is set to be held November 6-18 in … [Read more...] about Egypt wishes to develop relations with Singapore

The country’s tech-savvy population and burgeoning middle class are making it an attractive market for Singaporean companies. Vietnam’s large workforce, lower labor costs, and sizeable markets are factors drawing Singaporean startups to the country. Vietnam Singapore Industrial Park (VSIP) in Bac Ninh - an example of Vietnam-Singapore economic cooperation. Source: VSIP Strait Times cited the assessment from venture capital company Quest Ventures, discussing potential destinations for Singaporean companies that are looking to venture abroad through its Government’s Global Innovation Alliance (GIA) acceleration program, estimated at over 400 in less than five years. "The labor force in Vietnam is increasingly well educated and still relatively cheap compared to Singapore," James Tan, managing partner of venture capital company Quest Ventures, was quoted by Strait Times as saying. Tan also pointed to the country’s tech-savvy population and burgeoning middle … [Read more...] about Singapore startups attracted to Vietnam market: Strait Times

Within the framework of the visit, leaders of Becamex IDC shared their observations on the current state of innovation in Vietnam, revolving around access to talent, capital, and funding for startups, new trends, and potential growth areas with the deputy prime minister. At the same time, Becamex also introduced DPM Keat to the startup community operating at Block71 Saigon, as well as the programmes and activities to support the development of the innovation ecosystem and upcoming plans to expand the Block71 system in Vietnam. Over the past five years, Becamex IDC has been a pioneer in investing resources to build an innovation ecosystem in order to promote the next stage of development of Vietnam's economy, helping it to continue its growth rate and surpass the middle-income trap. As a leading integrated industrial and township developer in Vietnam with a business ecosystem that has fully met the needs of investors for more than three decades, Becamex IDC is … [Read more...] about Singapore’s Deputy Prime Minister visits Block71 Saigon

Viet Nam - Singapore Industrial Park (VSIP1) in Thuan An City, Binh Duong Province. — VNA/VNS Photo With a large workforce, lower labour costs and sizeable market, Viet Nam is one of the most popular destinations for Singapore’s start-ups, according to The Straits Times newspaper. "The labour force in Viet Nam is increasingly well educated and still relatively cheap compared to Singapore," James Tan, managing partner of venture capital company Quest Ventures, was quoted by the newspaper as saying. Viet Nam has a tech-savvy population and a burgeoning middle class, making it a potential customer base, he added. Singapore has been one of the strongest partners of Viet Nam both before and during the pandemic. Vietnamese sectors that venture capital firms are looking at include health technology, food processing and blockchain. Amy Wee, an expert at the Singapore Business Federation (SBF), said Singaporean small and medium-sized enterprises should also spend more time to … [Read more...] about Low labour costs, large workforce drive Singapore start-ups in Viet Nam

Singapore (VNA) – The Singaporean labour market continued to improve in the second quarter of 2022, with total employment reaching 99.5% of the level in December 2019, before the COVID-19 pandemic, said the country's Ministry of Manpower's (MOM) Labour Market Report on September 14. Total employment in the second quarter increased by 66,500, which was significantly higher than the 42,000 increase in the first quarter. In the second quarter alone, resident employment rose by 7,100, while non-resident employment increased by 59,400. External demand outlook has also weakened given the global economic slowdown. Global headwinds such as the Russia-Ukraine conflict, inflationary pressures, geopolitical tensions in the region, and the trajectory of the COVID-19 pandemic may weigh on labour demand going forward, MOM said. "As such, the labour market outlook is uneven across sectors," it said. Tourism and aviation sectors are expected to continue to benefit from a strong … [Read more...] about Singapore: Labour market continues to improve in Q2

Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen (R) and Singaporean Deputy Prime Minister Heng Swee Keat. (Photo: SGGP) Mr. Nguyen Van Nen said that HCMC had been making efforts to develop socio-economic infrastructure; respond to climate change, subsidence, and sea level rise; develop green and clean energy to meet the general development requirements of the world, as well as the wishes of HCMC citizens. The meeting with Deputy Prime Minister Heng Swee Keat and the Singaporean Coordinating Economic Policy delegation on this occasion was meaningful. Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen (R) and Singaporean Deputy Prime Minister Heng Swee Keat. (Photo: SGGP) Regarding cooperation, according to Mr. Nguyen Van Nen, HCMC and localities in Singapore are holding many active activities towards the 50th anniversary of the establishment of diplomatic relations and the 10th anniversary of the establishment of the strategic partnership … [Read more...] about HCMC, Singapore promote cooperation for sustainable development

A medical staff collects samples for COVID-19 testing in Singapore . (Photo: AFP/VNA) Singapore (VNA) – Singapore spent 72.3 billion SGD (51.3 bilion USD) on fighting the COVID-19 pandemic over the past two fiscal years, Singapore’s Second Minister for Finance Indranee Rajah said at a recent meeting of the country's parliament. Of this sum, 13.4 billion SGD went to public health measures. Another 50.6 billion SGD was used to assist workers and businesses, while 8.3 billion SGD for household and social support . The amount was lower than the 100 billion SGD the Government had earlier committed, said Indranee. She attributed the lower spending to the fact that that the Government had initially set aside loan capital in financial year 2020 in anticipation of a tight credit market, but this was not needed, adding that under-utilisation in public health spending was also a reason. The Ministry of Finance (MOF) has started a review of controls and checks on … [Read more...] about Singapore spends over 50 billion USD to fight COVID-19 over past two years

With many new faces on the team, it was thought that Vietnam would face some difficulties. But that concern only came in the first 30 minutes, when Singapore defended in large numbers and played rough, making it hard for the hosts to create chances. In the 37th minute, an individual effort of Nguyen Van Quyet brought Vietnam the opener. He recovered the ball in the midfielder and made a few touches before shooting from 25 m to beat Singapore keeper Hassan Sunny. This was his 15th goal in 52 appearances for the national team and the first since October 2017. Singapore also missed many key players in this game. Perhaps both teams wanted to save the best for the upcoming AFF Cup as they are in the same group. Coach Park Hang-seo put many new players on, especially in the second half when he subbed in three young players. One of them, Nguyen Thanh Nhan, only took four minutes on the field to score. In the 50th minute, Ho Tan Tai's cross forced keeper Sunny to punch the ball out and … [Read more...] about Vietnam put four past Singapore in friendly match

Nguyen Van Quyet of Vietnam (in red) and a Singaporean player vie for the ball at the game on September 21 evening. (Photo: VNA) HCM City (VNA) – Vietnam beat Singapore 4 - 0 in a match of the international friendly football tournament in Ho Chi Minh City on September 21 evening. Coach Park Hang-seo of Vietnam took a team with many young players to the friendly match, held at Thong Nhat Stadium, while coach Takayuki Nishigaya of Singapore also did not deploy his strongest squad. The opening goal was scored by the seasoned Nguyen Van Quyet at the end of the first half. The three other goals for Vietnam came in the second half thanks to Nguyen Thanh Nhan, Ho Tan Tai, and Khuat Van Khang. The international friendly football tournament gathers Vietnam, Singapore, and India. The next games will be between Singapore and India on September 24, and between Vietnam and India on September 27./. VNA … [Read more...] about Vietnam win 4 – 0 over Singapore in friendly football match