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Vietnam, Saudi Arabia seek stronger cooperation

Vietnamese Prime Minister Pham Minh Chinh held talks with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman on October 20 as part of his visit to the Middle East country, where he also attended the Association of Southeast Asian Nations (ASEAN) – Gulf Cooperation Council (GCC) Summit.
Vietnam, Saudi Arabia seek stronger cooperation ảnh 1Prime Minister Pham Minh Chinh (L) holds talks with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman on October 20. (Photo: VNA)
Riyad (VNA) – Vietnamese Prime Minister Pham Minh Chinh held talks with SaudiArabia’s Crown Prince and Prime Minister Mohammed bin Salman on October 20 as part of his visit to the Middle East country, where he also attended theAssociation of Southeast Asian Nations (ASEAN) – Gulf Cooperation Council (GCC)Summit.

Speaking highly of the bilateral relations, both leaders said that Vietnam andSaudi Arabia hold huge potential and opportunities to further develop their friendship and cooperation for the benefits of the two nations' people.

They held that it is necessary to consolidate the sound political –diplomatic relations by increasing the exchange of delegations at all levels, open their markets and promote trade ties.

Besides, they agreed to join handsto build a cooperation roadmap, define specific cooperation projects and areas as well asbusiness opportunities between enterprises of the two countries, and strive tobolster collaboration between the two governments and businesses communitieswith a view to bringing the bilateral relations to a new high.
Congratulating Saudi Arabia’s outstanding achievements to make the country becomean important partner in the region and the world, Chinh suggested Saudi Arabia’sinvestment funds inject capital into fields that Vietnam is prioritisingfor development such as green economy, innovation, high technology,industry, and renewable energy.

He also asked the House of Saud and the Saudi Arabian Government to continue creatingfavourable conditions for Vietnamese citizens to live and work in Saudi Arabia,making contributions to the development of the host nation as well as thefriendship between the two countries.

Mohammed bin Salman, for his part, affirmed thatVietnam is a leading partner of Saudi Arabia in Southeast Asia, expressing hishope that his country will accompany Vietnam in the future.

He said he will direct Saudi Arabia’s Public Investment Fundto expand investment in Vietnam, especially in the fields of traditional energyand renewable energy.

A world leading energy corporation of Saudi Arabia, which is investing andrunning business in Asia, wants to expand its investment to the Vietnamese market,he added.
                       
Chinh took this occasion toinvite the Saudi Arabian leader to pay an official visit to Vietnam in 2024 when the two countries celebratethe 25th anniversary of diplomatic relations. The Saudi Arabianleader said he always wants to visit Vietnam, and will arrange a trip to thenation next year./.
VNA

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