Vietnam willing to create favourable conditions for Saudi Arabian investors

Vietnamese agencies stand ready to create optimal conditions for investment funds and corporations of Saudi Arabia to seek investment cooperation chances in Vietnam, said Prime Minister Pham Minh Chinh while receiving Minister of Foreign Affairs of Saudi Arabia Prince Faisal Bin Farhan Al Saud in Hanoi on March 17.
Vietnam willing to create favourable conditions for Saudi Arabian investors ảnh 1Prime Minister Pham Minh Chinh (R) shakes hands with Minister of Foreign Affairs of Saudi Arabia Prince Faisal Bin Farhan Al Saud (Photo: VNA)

Hanoi (VNA) - Vietnamese agencies stand ready to create optimal conditions for investment funds and corporations of Saudi Arabia to seek investment cooperation chances in Vietnam, said Prime Minister Pham Minh Chinh while receiving Minister of Foreign Affairs of Saudi Arabia Prince Faisal Bin Farhan Al Saud in Hanoi on March 17.

At the reception, the PM thanked the government and humanitarian organisations of Saudi Arabia for their timely financial and medical supplies support for Vietnam in the COVID-19 fight, and helping raise the living quality of residents in disadvantaged areas.

He proposed that the two countries bolster exchanges of delegations and visits by high-ranking officials; and increase cooperation between the foreign ministries and people-to-people and cultural exchanges.
 
On the occasion, the Government leader reiterated the invitation to Saudi Arabian Crown Prince Mohammed bin Salman to visit Vietnam.

PM Chinh requested the Saudi Arabian side to soon completely remove a ban on the import of Vietnam’s fishery products, and strengthen the import of Vietnamese farm produce. He called on Saudi Arabia to share experience with Vietnam to access markets and services meeting Halal standards; and help Vietnamese firms join in oil and gas projects in the Middle East nation, exchange information and experience with Saudi Arabian partners in desalination, energy and industrial development. 

Vietnam willing to create favourable conditions for Saudi Arabian investors ảnh 2Prime Minister Pham Minh Chinh (R) receives Minister of Foreign Affairs of Saudi Arabia Prince Faisal Bin Farhan Al Saud (Photo: VNA)

He also asked the Saudi Arabia Development Fund to increase the number of projects and scale of preferential capital for each project so as to improve living quality for inhabitants in mountainous and remote areas.

The PM thanked the Saudi Arabian side for creating favourable conditions for Vietnamese nationals to live and study in the country, particularly when COVID-19 broke out.

He proposed that the Middle East country continue to receive skilled labourers of Vietnam in the services and health care sectors, while taking measures to ensure safety and legitimate rights of Vietnamese workers. 

He informed his guest that Vietnam officially reopened international tourism from March 15, hoping to welcome more holidaymakers from Saudi Arabia in the coming time.

PM Chinh wished that the countries will continue to collaborate and support each other at regional and international forums, especially in the United Nations framework.

For his part, Prince Faisal affirmed that Saudi Arabia always treasures relations with Vietnam. He spoke highly of the Southeast Asian nation’s achievements in socio-economic development and COVID-19 control.

He believed that Saudi Arabia and Vietnam hold huge potential to further promote cooperation across various fields, notably trade and investment. The Saudi Arabian minister agreed with PM Chinh’s proposals, viewing them as a roadmap to foster bilateral relations.

Saudi Arabian agencies and businesses will work closely with the Vietnamese Foreign Ministry to boost the efficiency of the bilateral cooperation, particularly in economy, he affirmed./.

VNA

See more

Participants in a group photo at the gathering between the HCM City leaders and diplomatic corps in the southern city on January 13 evening. (Photo: VNA)

HCM City leaders meet representatives of foreign diplomatic corps, organisations

The Party Committee, People’s Council, People’s Committee, and Vietnam Fatherland Front Committee of Ho Chi Minh City on January 13 hosted a New Year gathering with Consuls General and heads of international organisations, economic and cultural offices, and business associations from various countries and territories based in the southern metropolis.

Prime Minister Pham Minh Chinh (R) and Arto Olavi Satonen, Minister for Employment from the Finnish Ministry of Economic Affairs and Employment, in Hanoi on January 13. (Photo: VNA)

PM seeks stronger labour, education cooperation with Finland

Prime Minister Pham Minh Chinh received Arto Olavi Satonen, Minister for Employment from the Finnish Ministry of Economic Affairs and Employment, in Hanoi on January 13, believing that his visit would further bolster the traditional friendship and all-around cooperation between the two countries, especially in labour and employment.

Prime Minister Pham Minh Chinh speaks at the meeting on Government restructuring in Hanoi on January 13. (Photo: VNA)

PM chairs 10th meeting on Government restructuring

Prime Minister Pham Minh Chinh chaired the 10th meeting of the Government Steering Committee tasked with reviewing the implementation of the 12th Party Central Committee’s Resolution on continued reform and reorganisation of the political system to ensure it is streamlined, effective and efficient, in Hanoi on January 13.

Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung (R) and visiting Minister for Employment from the Finnish Ministry of Economic Affairs and Employment Arto Olavi Satonen sign a Memorandum of Understanding (MoU) on labour migration cooperation as part of their talks in Hanoi on January 13.(Photo: VNA)

Vietnam, Finland seal MoU on labour migration cooperation

Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung and visiting Minister for Employment from the Finnish Ministry of Economic Affairs and Employment Arto Olavi Satonen signed a Memorandum of Understanding (MoU) on labour migration cooperation as part of their talks in Hanoi on January 13.

Prime Minister Pham Minh Chinh speaks at the national conference. (Photo: VNA)

PM calls for concerted actions to implement resolution on science, technology

Prime Minister Pham Minh Chinh has stressed the need to carry out the Politburo’s Resolution No. 57-NQ/TW on breakthroughs in the development of science, technology, innovation, and national digital transformation with strong, systematic and concerted actions, and close coordination among authorities at all levels, sectors, and society.

Russian Ambassador to Vietnam G.S. Bezdetko speaks at an event in 2024 to share information about cooperation between Vietnam and Russia (Photo: VNA)

Russian PM’s official visit to Vietnam a symbolic event: ambassador

The visit by Russian Prime Minister Mikhail Vladimirovich Mishustin, one of the top leaders of Russia, to Vietnam ahead of the 75th founding anniversary of diplomatic relations between the two countries (January 30, 1950 - 2025) is a highly symbolic event, a Russian diplomat has said.

State President Luong Cuong (R) hosts Chairman of the Presidential Office of Mongolia Gombojav Zandanshatar in Hanoi on January 13. (Photo: VNA)

Vietnamese Party, State treasure ties with Mongolia: State President

The Vietnamese Party and State have consistently treasured and wished to enhance the traditional friendship with Mongolia across areas, meeting the interests and aspiration of the two countries' people and contributing to maintaining peace, stability, cooperation, and development in the region and the world, State President Luong Cuong said on January 13.

Russian businesses introduce products to Vietnamese consumers at an exhibition in Ho Chi Minh City. (Photo: VNA)

Russian PM’s Vietnam visit to strengthen bilateral economic ties: Scholar

The upcoming visit of Russian Prime Minister Mikhail Mishustin to Vietnam will mark a significant step towards strengthening effective economic collaboration between the two nations, Dr Ekaterina Koldunova, Director of the ASEAN Centre at the Moscow State Institute of International Relations (MGIMO) in an interview with Vietnam News Agency (VNA)’s correspondents in Moscow.