Both sides praised the growing financial and investment partnership between the two countries, particularly through VOI, a strategic joint venture between the OIA and the State Capital Investment Corporation (SCIC) of Vietnam, established in 2008.
Hanoi (VNA)🍬 – Minister of Finance Nguyen Van Thang hosted a reception in Hanoi on May 29 for with a high-level delegation from the Oman Investment Authority (OIA), led by Nasser Sulaiman Hamed Al Harthy, Vice Chairman of the OIA and Chairman of the Board at the Vietnam–Oman Investment JS Company (VOI).
Both sides praised the growing financial and investment partnership between the two countries, particularly through VOI, a strategic joint venture between the OIA and the State Capital Investment Corporation (SCIC) of Vietnam, established in 2008. Over the years, VOI has made impactful investments in vital areas such as infrastructure, healthcare, education, sustainable agriculture, technology, and digital transformation.
The Omani side affirmed its long-term commitment to Vietnam, noting that Oman was the first Gulf nation to invest in the country. Representatives from the OIA also expressed their willingness to share expertise in developing and operating international financial centres – a key strength of Oman – to support Vietnam’s plans to establish such hubs in Ho Chi Minh City and Da Nang.
The two parties agreed to explore new avenues for cooperation, particularly in developing Vietnam’s financial hub with the participation of international financial institutions, especially from the Middle East. Other key areas of collaboration include expanding investment in technology, start-ups, digital transformation, and sustainable development. They also discussed the potential formation of joint investment funds between Vietnamese and Omani enterprises, aimed at regional-scale projects.
The Finance Minister welcomed Oman’s contribution of quality capital and urged the OIA to expand its investment in Vietnam to 1 billion USD, focusing on finance, infrastructure, innovation, and sustainability.
He invited Omani funds to join projects developing international financial centres in Ho Chi Minh City and Da Nang, valuing Oman’s experience in modern, globally integrated financial models.
The Omani side called for Vietnam to address regulatory hurdles and adopt competitive investment policies.
In response, the Minister said new FDI policies are being finalised to attract high-value investors, streamline licensing, and foster a transparent, efficient investment environment./.
Emphasising that these investments have not only created economic values but also contributed to improving public services, social infrastructure development, and enhancing people’s quality of life, the PM proposed Oman expand and raise the scale of the fund to 1 billion USD to better support Vietnam’s investment and development needs, in line with its economy’s scale and with interest rates suitable to Vietnam’s conditions.
Minister of Foreign Affairs Bui Thanh Son talked over phone with his Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi on June 22 after Vietnam and Oman celebrated the 30th anniversary of their diplomatic ties (June 9).
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
