Politics

PM receives Saudi Arabian Public Investment Fund Governor

Prime Minister Pham Minh Chinh has proposed the Public Investment Fund (PIF) of Saudi Arabia – one among the world’s 10 biggest public investment funds – expand and diversify investment activities in Vietnam's priority areas such as digital transformation, green economy, circular economy, innovation, renewable energy, high technology, tourism and Halal industry.
PM receives Saudi Arabian Public Investment Fund Governor ảnh 1Prime Minister Pham Minh Chinh (R) receives PIF Governor Al-Rumayyan (Photo: VNA)
Riyadh (VNA) – Prime Minister Pham Minh Chinh has proposed thePublic Investment Fund (PIF) of Saudi Arabia – one among the world’s 10 biggestpublic investment funds – expand and diversify investment activities inVietnam's priority areas such as digital transformation, green economy,circular economy, innovation, renewable energy, high technology, tourism andHalal industry.

Chinh made the suggestion while receiving the fund’sGovernor Al-Rumayyan in Riyadh on October 19 within the framework of his tripto Saudi Arabia to attend the Association of Southeast Asian Nations (ASEAN) -Gulf Cooperation Council (GCC) Summit and visit the country.

Yasir Al-Rumayyan said that the fund has invested 160million USD in Vietnam through indirect form.

He suggested the Vietnamese Government continue to createmore favourable conditions for the PIF to operate effectively in Vietnam, andcommitted to devoting more resources to larger projects to developinfrastructure in the country.

PM receives Saudi Arabian Public Investment Fund Governor ảnh 2An overview of the meeting (Photo: VNA)
The Vietnamese Government leader urged the two sides tocontinue establishing a joint investment fund to carry out investment projectsin each country, like those between Vietnam and Oman and several othercountries which have proved effective.

Attention should be paid to enhancing effective cooperationbetween investment agencies of the two countries, especially in sharinginformation and policies, introducing cooperation opportunities in potentialprojects in each country and intensifying collaboration in investment promotionin Vietnam, he added./.
VNA
#Prime Minister Pham Minh Chinh #PIF Governor Al-Rumayyan #Public Investment Fund of Saudi Arabia #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

PM receives Saudi Arabia's ministers of economy-planning, human resources

PM receives Saudi Arabia's ministers of economy-planning, human resources

Prime Minister Pham Minh Chinh met with Saudi Arabia's Minister of Economy and Planning Faisal Al-Ibrahim and Minister of Human Resources and Social Development Ahmed Al-Rajhi in Riyadh on October 19 (local time), as part of his trip to attend the ASEAN - Gulf Cooperation Council (ASEAN - GCC) Summit and visit to Saudi Arabia.

See more

Vietnamese Ambassador Dang Minh Khoi and Lao Ambassador Shiphandone Oybuabuddy with officials and staff of the two embassies. (Photo: VNA)

Vietnam, Laos share festive spirit ahead of Lunar New Year 2026

In a warm and festive atmosphere, officials and staff from the two embassies exchanged new year wishes for peace, development and success, reaffirming the great friendship, special solidarity and comprehensive cooperation between Vietnam and Laos.

Defence Attaché of Vietnam to Laos Colonel Phan Huu Thang speaks at the event (Photo: VNA)

Vietnam–Laos special relationship remains inseparable

No matter how complex and unpredictable global and regional developments may become, Laos and Vietnam will remain inseparable, said Senior Lieutenant General Vongsone Inpanphim, Secretary of the Party Central Committee, Deputy Minister of National Defence and Director of the General Political Department of the Lao People’s Army.

Minister of National Defence General Phan Van Giang (R) hosts Michael DeSombre, US Assistant Secretary of State for East Asian and Pacific Affairs, in Hanoi on February 13. (Photo: qdnd.vn)

Minister of National Defence meets with US Assistant Secretary of State in Hanoi

Stressing that Vietnam will keep close coordination and create the best possible conditions for activities related to the search for US personnel missing in action, Defence Minister Phan Van Giang also called on the US to enhance information sharing on documents and artefacts related to Vietnamese soldiers who laid down or went missing during the war.

Party General Secretary To Lam (right) receices US Assistant Secretary of State for East Asian and Pacific Affairs Michael DeSombre in Hanoi on February 13. (Photo: VNA)

Party chief receives US Assistant Secretary of State

The US attaches great importance to its Comprehensive Strategic Partnership with Vietnam, supports a strong, independent and prosperous Vietnam, and wishes to enhance strategic-level cooperation with the country both bilaterally and on regional and international matters.

General Luong Tam Quang, Politburo member and Minister of Public Security, receives US Assistant Secretary of State for East Asian and Pacific Affairs Michael DeSombre in Hanoi on February 13. Photo: VNA

Vietnam, US enhance security, law enforcement cooperation

The Ministry of Public Security stands ready to strengthen cooperation with the US in combating transnational crime, said Minister Luong Tam Quang while receiving US Assistant Secretary of State for East Asian and Pacific Affairs Michael DeSombre in Hanoi on February 13.

Vietnamese Ambassador to Russia Dang Minh Khoi (L) and other speakers at a plenary session of the international conference on Vietnam. (Photo: VNA)

Russian scholars highlight strategic vision of CPV’s 14th Congress

Professor Vladimir Mazyrin, Director of the Centre for Vietnam and ASEAN Studies, emphasised the significance of Vietnam’s long-term vision. He observed that if the country achieves developed-nation status within the next two decades, it could rank among the world’s top 20 economies by GDP, thereby enhancing its global standing.

Party General Secretary To Lam offers incense in tribute to late PM Pham Van Dong. (Photo: VNA)

Party chief offers incense in tribute to late PM Pham Van Dong

In tribute to late PM Pham Van Dong (1906 - 2000), the Party chief expressed great respect and deep gratitude for the immense contributions of the late Government leader — an outstanding disciple and close and trusted comrade of President Ho Chi Minh; a steadfast proletarian revolutionary, and a prominent leader of Vietnam’s revolution in the 20th century, who made great contributions to the cause of national liberation, construction and defence.

State President Luong Cuong offers incense in commemoration of President Ho Chi Minh at House 67 in Hanoi on February 13, 2026. (Photo: VNA)

State leader pays tribute to President Ho Chi Minh at House 67

President Cuong expressed his profound gratitude for the immense contributions of President Ho Chi Minh - the beloved leader of the Vietnamese nation, who dedicated and sacrificed his entire life for the independence and freedom of the country and the happiness of the people.

The festive atmosphere welcoming the Year of the Horse 2026 fills communities across the country. (Photo: VNA)

The Year of the Horse is in the air across Vietnam

In a January interview with the Vietnam News Agency shortly after the congress, Party General Secretary To Lam emphasised the determination of the entire political system to turn its resolution into tangible outcomes, bringing clear benefits to the people as quickly as possible.

Minister of Foreign Affairs Le Hoai Trung meets with Canada's Minister of International Trade Maninder Sidhu on February 12, 2026. (Photo: Ministry of Foreign Affairs)

Vietnam–Canada ties gain fresh momentum after ministerial meeting

The two ministers agreed on measures to advance the Comprehensive Partnership, pledging to facilitate cooperation in trade and investment, defence and security, official development assistance, tourism and people-to-people exchanges, while expanding collaboration in emerging areas such as supply chains, AI, semiconductors, quantum technology, clean energy transition, renewable energy, green agriculture, environmental protection and climate change response.