Ramaphosa visits Singapore and Vietnam to strengthen ties and review state enterprises
What happened
Cyril Ramaphosa visited Singapore and Vietnam to strengthen economic and trade relations between South Africa and these nations. Ramaphosa has also initiated a presidential review committee aimed at finding a new way to manage state-owned enterprises (SOEs) in South Africa. notes that Ramaphosa previously visited Singapore to study the Singaporean model of economic success and the role of state-owned enterprises.
From businessday.co.za
Why it matters
The review of state entities in South Africa follows a period of governance challenges for these organizations. The initiative seeks to advise the president on the reform and revitalization of state entities. The visits also signal a push to deepen bilateral economic ties with Singapore and Vietnam.
From businessday.co.za
Who's involved
- Cyril RamaphosaPresident of South Africa, initiating the SOE review and strengthening international ties
- SingaporeSovereign island country engaged in strengthening bilateral economic relations
- VietnamCountry in Southeast Asia engaged in strengthening bilateral economic relations
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
Keep exploring
The entities involved
-
Cyril Ramaphosa
President of South Africa since 2018
-
Singapore
sovereign island country and city-state in maritime Southeast Asia
-
Vietnam
country in Southeast Asia
- Vietnam ranks low in a talent index, prompting the Deputy Prime Minister to stress talent development needs and Vingroup to implement attraction policies.
- High-level cooperation between Laos and Vietnam is underway, involving the President of the National Assembly of Laos and the Vietnamese Ambassador to Laos.
Related events
- Cyril Ramaphosa advocates for economic reform agenda while speaking at a symposium in Cape Town.
- Vietnam overtook the Philippines in nominal GDP, while the Philippines remains behind Singapore, according to the ASEAN Secretariat.
- Ramaphosa, Health Minister Motsoaledi, and a youth ambassador engaged with residents in South Africa in 2014 regarding social issues.
- Singapore's successful model is being recognized as a blueprint for the broader goals of ASEAN and Southeast Asia.
- Ramaphosa chairs a commission aimed at coordinating and reforming South Africa's state-owned enterprises.