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 -0

Vietnamese Prime Minister Pham Minh Chinh (L) and Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman during their meeting in Riyadh on October 20

Speaking highly of the bilateral relations, both leaders said that Vietnam and Saudi Arabia hold huge potential and opportunities to further develop their friendship and cooperation for the benefits of their 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 hands to build a cooperation roadmap, define specific cooperation projects and areas as well as business opportunities between enterprises of the two countries, and strive to bolster collaboration between the two governments and businesses communities with a view to bringing bilateral relations to new heights. 

Congratulating Saudi Arabia’s outstanding achievements to make the country become an important partner in the region and the world, Chinh suggested Saudi Arabia’s investment funds inject capital into fields that Vietnam is prioritising for 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 creating favourable conditions for Vietnamese citizens to live and work in Saudi Arabia, making contributions to the development of the host nation as well as the friendship between the two countries.

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

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

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

VOV

Other News

AFF 2026 marks Vietnam's transition from participant to regional agenda-setter

AFF 2026 marks Vietnam's transition from participant to regional agenda-setter

With sharp strategic mindset and a proven capacity for practical action at both bilateral and multilateral levels, Vietnam has demonstrated its role as a builder and agenda-setter, contributing to a robust platform for dialogue and cooperation in pursuit of a resilient, peaceful, and truly people-centred ASEAN Community by 2045

NA Vice Chairwoman presents gifts to Dien Bien policy beneficiary families

NA Vice Chairwoman presents gifts to Dien Bien policy beneficiary families

Vice Chairwoman Nguyen Thi Thanh urged policy beneficiary families to carry forward revolutionary traditions, serve as role models for younger generations, and steer their children to follow Party’s guidelines and the State’s laws and policies, contributing to a more prosperous and civilised province.

📝OP-ED: When foreign affairs pioneer in shaping nation's future

📝OP-ED: When foreign affairs pioneer in shaping nation's future

Resolution No. 06-NQ/TW represents both a continuation and a development of the Party’s comprehensive foreign policy and President Ho Chi Minh’s thought. If international integration helped create a favourable environment for development, diplomacy today is tasked with protecting and expanding that space.

Capital Law 2026 paves way for Hanoi's new development model

Capital Law 2026 paves way for Hanoi's new development model

One of the key breakthroughs of the new resolutions is the shift from a traditional management-oriented approach to a development-enabling model. The proposed policies are designed not only to address current issues but also to establish the foundation for a more modern, proactive and flexible system of urban governance.

📝OP-ED: Strength of policies shaped by listening to public voices

📝OP-ED: Strength of policies shaped by listening to public voices

Recent developments have demonstrated that policies shaped through listening to public opinion have become a powerful source of social consensus and public trust, enabling the Party, the State and the people to work together toward more ambitious goals and a longer-term vision for national development.

Every act of kindness embodies patriotic emulation: Top leader

Every act of kindness embodies patriotic emulation: Top leader

A good deed today is itself a vivid expression of patriotic emulation, the leader said, noting that patriotism is demonstrated not only during historic moments but also through responsible actions, humane gestures and contributions to society.

NA Standing Committee convenes third session

NA Standing Committee convenes third session

The NA Standing Committee will review and adopt one ordinance and one resolution to further fine-tune the legal framework governing the People's Courts under the newly restructured organisational system.

ASEAN must become active force in shaping new rules of era: Vietnamese PM

ASEAN must become active force in shaping new rules of era: Vietnamese PM

ASEAN should continue upholding the values that have underpinned its success - solidarity, resilience and unity in diversity, while embracing greater innovation in both thinking and action. The bloc should remain firm in its principles while becoming more agile in its responses to emerging challenges and opportunities, said PM Le Minh Hung.

Deputy PM calls for integrated ASEAN fintech ecosystem

Deputy PM calls for integrated ASEAN fintech ecosystem

Deputy PM Nguyen Van Thang proposed a shared vision for an ASEAN fintech ecosystem that is open, secure, transparent, inclusive, and sustainable: “Open” to foster connectivity, “Secure” to enable growth, “Transparent” to build trust, “Inclusive” to ensure that no one is left behind, and “Sustainable” to strengthen resilience and support long-term progress.

Vietnam, Thailand strengthen sharing of legislative and oversight experience

Vietnam, Thailand strengthen sharing of legislative and oversight experience

Based on the Memorandum of Understanding on cooperation between Vietnam’s National Assembly and Thailand’s House of Representatives, signed in 2023, Vietnam and Thailand agreed to continue exchanges of delegations at all levels, expand interactions between parliamentary friendship groups, especially the Vietnam–Thailand Parliamentary Friendship Group, as well as among women and young parliamentarians, while maintaining close coordination at multilateral forums.

ASEAN Secretary-General highlights Vietnam's agenda-shaping role through ASEAN Future Forum

ASEAN Secretary-General highlights Vietnam's agenda-shaping role through ASEAN Future Forum

ASEAN Secretary-General Kao Kim Hourn described the forum as an important Vietnamese initiative aimed at advancing ASEAN diplomacy at both regional and global levels. Vietnam’s decision to host the event for a third consecutive year in 2026, following the success of the 2024 and 2025 editions, demonstrates its strong commitment to ASEAN Community building as well as efforts to enhance the bloc’s international standing.