Malaysia welcomed 30,257 visitors from the GCC region between January and June, reflecting the market's potential in family holidays, luxury travel, Muslim-friendly tourism, shopping, wellness, gastronomy, nature and experiential travel.
Translating potential into tangible gains requires businesses to meet standards and adopt well-defined market strategies, experts noted.
Vietnam stands ready to work with Qatar and contribute to broader efforts to promote peace and stability, stressing the principles of solidarity to build strength, cooperation to mobilise resources and dialogue to foster trust.
During the trip to Kuwait, the Vietnamese PM is due to meet with Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, hold talks with Kuwaiti PM Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah, and receive several ministers and executives of major Kuwaiti conglomerates.
Growth will continue to be led by Malaysia, Indonesia and Brunei due to their large Muslim populations, enabling regulations, access to sukuk, and potentially improving ties with Gulf Cooperation Council (GCC) countries
PM Pham Minh Chinh encouraged GCC investors and enterprises to expand their presence in Vietnam, especially in the development of international financial hubs, digital transformation, energy transition, and green economy projects.
PM Pham Minh Chinh proposed establishing a robust financial connectivity network among major centres such as Ho Chi Minh City, Kuala Lumpur, Singapore, Bangkok, Shanghai, Dubai, and Riyadh to create a seamless inter-regional financial ecosystem, which he said will propel ASEAN – GCC – China cooperation to new heights.
The following is a brief review of the day’s events as reported by the Vietnam News Agency.
PM Chinh called on ASEAN and GCC to strengthen strategic connectivity and promote substantive cooperation towards sustainable and inclusive development, with people and businesses placed at the centre.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son said the two sides should select annual priority areas that are complementary and aligned with mutual interests, such as trade-investment, connectivity, digital transformation, energy, and the Halal economy.
Vietnamese Prime Minister Pham Minh Chinh visited and delivered a policy speech at the Anwar Gargash Diplomatic Academy (AGDA) in Abu Dhabi on October 29 morning (local time), as part of his official visit to the United Arab Emirates (UAE).
Vietnam consistently protects the legitimate rights and interests of investors, creating favourable conditions for investors to operate effectively in the country, Prime Minister Pham Minh Chinh told Sheikh Hamad Bin Zayed Al Nahyan, Director of the Abu Dhabi Investment Authority (ADIA) of the UAE at their meeting on October 29.
Minister of Foreign Affairs Bui Thanh Son praised the successful outcomes of political consultation between Vietnamese and Qatari foreign ministries during a reception in Hanoi on July 19 for Qatari Minister of State for Foreign Affairs Soltan Bin Saad Al-Muraikhi.
