(BNP) - On April 13, Chairman of the Provincial People’s Committee Pham Hoang Son hosted a reception for a delegation from the Singapore Embassy led by Mr. Rajpal Singh, Ambassador Extraordinary and Plenipotentiary of Singapore to Vietnam.
Delegates attend the reception.
At the meeting, Ambassador Rajpal Singh expressed his gratitude for the warm and thoughtful reception from Bac Ninh’s leadership, while commending the province’s impressive socio-economic progress in recent years. He highlighted that Vietnam–Singapore relations are set to be elevated to a Comprehensive Strategic Partnership by 2025, reflecting a shift toward deeper, more substantive, and long-term cooperation.
Chairman Pham Hoang Son exchanges with Ambassador Rajpal Singh.
The Ambassador emphasized that Bac Ninh continues to be an attractive destination for foreign investors, including those from Singapore, thanks to its favorable investment climate, strategic location, and high-quality workforce. He noted that many major Singaporean enterprises are operating effectively in the province, and affirmed Singapore’s desire to further strengthen cooperative ties with Bac Ninh.
He also reaffirmed his commitment to serving as a bridge to promote greater engagement, encouraging Singaporean businesses to expand their investment and cooperation in the province. The Ambassador expressed his hope that Bac Ninh’s authorities would continue to create favorable conditions for investors to explore and implement new projects.
Singapore has implemented several large-scale projects in Vietnam, most notably the Vietnam–Singapore Industrial Parks (VSIP), which are present in multiple localities such as Ho Chi Minh City, Bac Ninh, and Hai Phong. Looking ahead to 2026, marking the 30th anniversary of VSIP development in Vietnam, Singapore plans to expand the VSIP network to approximately 30 projects nationwide. In this context, research is underway for the potential development of VSIP III in Bac Ninh. The Ambassador expressed his expectation that the province would support and facilitate the implementation of this project.
In addition to promoting trade and investment, Singapore remains committed to supporting Vietnam in general, and Bac Ninh in particular, across various sectors—especially in education and training of high-quality human resources. Cooperation in leadership and management training for officials was also highlighted as a priority area, contributing to the sustainable and comprehensive development of Vietnam–Singapore relations.
Chairman Pham Hoang Son presents Dong Ho folk paintings to Ambassador Rajpal Singh.
In his remarks, Chairman Pham Hoang Son expressed his pleasure in welcoming the Ambassador and delegation, affirming that Singapore is always an important and strategic partner of Bac Ninh province.
Providing an overview of the province’s socio-economic performance, he noted that in 2025, Bac Ninh’s total import-export turnover is projected to reach approximately USD 182 billion, accounting for about 20% of the national total. The province is expected to attract nearly USD 20 billion in total investment, including approximately USD 5.73 billion in foreign direct investment, ranking second nationwide.
Currently, Bac Ninh is home to around 236 active projects from Singaporean investors, with total registered capital nearing USD 18 billion, ranking third among 44 countries and territories investing in the province. Several major enterprises, such as Fukang Technology and New Wing, are operating effectively and making significant contributions to local socio-economic development.
The delegation of the Singapore Embassy taks a photo with the provincial leaders.
Chairman Pham Hoang Son expressed his hope that the Singapore Embassy would continue to support Bac Ninh in connecting with major corporations and investors, while further strengthening cooperation in high-quality human resource development. He also proposed creating favorable conditions for students from Bac Ninh to study and conduct research in Singapore.
