PM Pham Minh Chinh (R) and Simon Cooper, CEO of Corporate & Institutional Banking and Europe & The Americas at Standard Chartered Bank, at the meeting on February 9 (Photo: VNA)
Singapore (VNA) – Prime Minister Pham Minh Chinhreceived leaders of Standard Chartered in Singapore on February 9 as part ofhis official visit to the city state.
He met with Simon Cooper, CEO of Corporate & Institutional Banking and Europe & The Americas; and Patrick Lee, CEO ofSingapore and ASEAN Markets at Standard Chartered – a British multinational group with operations in investment banking and financial services.
Cooper congratulated Vietnam on socio-economic achievementsover the past years and highly valued the country’s climate commitments made atclimate change conferences.
He expressed his firm’s hope to cooperate with Vietnam tosuccessfully implement the Just Energy Transition Partnership and work with theGlasgow Financial Alliance for Net Zero to achieve net zero emissions.
PM Chinh informed the guests that Vietnam is prioritising and encouraging the development of green and sustainable finance, particularly a green bond market to support the implementation of the national strategy on green growth in 2021-2030 and the commitment to net zero emission by 2050.
Welcoming Standard Chartered’s proposals to help Vietnamattract foreign investment, the PM asked the bank and partners to continueconsidering measures for mobilising, promoting, and providing financialproducts for green projects and renewable energy ones in Vietnam so as tocontribute to the country’s economic restructuring and energy transitiontowards green and sustainable growth.
In particular, he called for loans at preferential interest rates for investors in Vietnam considering the country's situation as adeveloping country having to deal with many difficulties but shoulderingclimate change response tasks like developed ones.
The Vietnamese Government pledges to stand side by side withStandard Chartered to create conditions for foreign investors to successfullymake investment and do business in the country, he added.
The same day, PM Chinh toured the Singapore City Gallery, where he inquired into Singapore's planning philosophy, the process of building Singapore into a green city, and steps to build a smart city with digital government, digital economy and digital society./.
Vietnam is still a magnet to Singaporean investors thanks to the two countries' similarities in market openness, their same direction for sustainable development, and their joining in free trade agreements (FTA), experts have said.
Prime Minister Pham Minh Chinh expressed his delight at visiting Singapore in his capacity as the Vietnamese Government leader for the first time, during a meeting with President of Singapore Halimah Yacob on February 9 morning.
Prime Minister Pham Minh Chinh, now on an official visit to Singapore, held talks with his host counterpart Lee Hsien Loong following an official welcome ceremony chaired by the latter on February 9.
Prime Minister Pham Minh Chinh and Speaker of the Singaporean Parliament Tan Chuan-Jin both voiced their hope for increasingly close-knit, substantive, and fruitful ties between the two countries at their meeting on February 9.
The multifaceted cooperation between the Vietnamese Ministry of Public Security (MPS) and the Singaporean Ministry of Home Affairs (MHA), especially in security, has helped intensify the two countries’ strategic partnership as well as regional and global stability and peace.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
PM Pham Minh Chinh (R) and Simon Cooper, CEO of Corporate & Institutional Banking and Europe & The Americas at Standard Chartered Bank, at the meeting on February 9 (Photo: VNA) 
