Vietnam establishes task force to propel economic partnership with Singapore

The Memorandum of Understanding between the two Governments on the establishment of the Vietnam - Singapore Green Economy - Digital Economy Partnership was signed by the Minister of Planning and Investment Nguyen Chi Dung and the Second Minister of the Ministry of Industry and Trade cum Minister of Industry and Trade. Singapore's Labor Minister Tan See Leng. Photo VGP

At the helm of this endeavour are esteemed officials, including deputy ministers from the Ministry of Planning and Investment, the Ministry of Industry and Trade, the Ministry of Natural Resources and Environment, and the Ministry of Information and Communications.

This collaborative initiative also enlists other high-ranking representatives, each hailing from specific ministries of Foreign Affairs, Agriculture and Rural Development, Transport, Education and Training, Finance, and the State Bank of Vietnam.

With the aim of bolstering bilateral cooperation, the task force's core objective is to conduct comprehensive research and present strategic pathways to the prime minister. The focus is on tackling the critical cross-sectoral challenges that are entailed in realising the MoU.

Serving as a vital bridge, the task force is positioned to play a pivotal role, ensuring smooth coordination and synergy across ministries, affiliated bodies, and government agencies. This collaborative alignment will address key cross-sectoral issues interwoven into the MoU's implementation.

Simultaneously, it will support ministries, affiliated bodies, and government agencies in addressing crucial inter-sectoral challenges inherent to the MoU's scope.

The members of this strategic collaboration will operate within a multitasking framework, optimally leveraging their diverse skill sets.

At the heart of this initiative lies the Ministry of Planning and Investment, which assumes the key role of a permanent agency, strategically leveraging its existing infrastructure to seamlessly execute the multifaceted tasks outlined by the task force.

Furthermore, the government entities participating in this collaboration will effectively deploy their institutional capacities to support task force members in their efforts. This will ensure the efficient execution of their mandates and the prudent exercise of vested authorities, as delegated by the task force's head.

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