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

First working day of Party Central Committee's fourth plenum

First working day of Party Central Committee's fourth plenum

Delegates held group discussions on the CPV Central Committee resolution calling for stronger building and rectification towards a clean, strong and comprehensive Party and political system able to meet the country's development needs in the new era.

Key Party leader hosts Hungarian Workers' Party chief

Key Party leader hosts Hungarian Workers' Party chief

The Communist Party of Vietnam always values its solidarity and friendship with the Hungarian Workers' Party and communist and workers' parties worldwide, which helps build political trust and supports Vietnam's relations with other countries, said key Party leader Tran Cam Tu.

14th Party Central Committee convenes fourth plenum

14th Party Central Committee convenes fourth plenum

In his opening remarks, General Secretary and President To Lam said that the 14th National Party Congress set out major orientations and strategic goals, while the second and third plenums adopted important policies on Party building, personnel, development and national defence. The fourth plenum must focus on creating conditions for effective implementation while preparing the theoretical, organisational and human resources foundations for the country’s long-term development.

Panamanian President's Vietnam visit offers new opportunity to deepen bilateral ties

Panamanian President's Vietnam visit offers new opportunity to deepen bilateral ties

Vietnamese Ambassador to Mexico and Panama Nguyen Van Hai noted that the visit is particularly significant as the first high-level exchange between the two countries in nearly 15 years, following then-President Ricardo Martinelli’s visit to Vietnam in 2012, and came shortly after the 50th anniversary of diplomatic relations in 2025.

Vietnam and Panama can become gateways linking two regions

Vietnam and Panama can become gateways linking two regions

"Panama can serve as a strategic platform for Vietnamese companies seeking greater access to Latin America and the Caribbean, while Vietnam represents an important gateway for strengthening Panama’s engagement with Southeast Asia", Ambassador Nubiela Ayala Modes confirmed.

Localities committed to achieving 2026 growth targets

Localities committed to achieving 2026 growth targets

Localities nationwide hailed effective and flexible directions delivered by the Government so far this year, resulting in positive nine-month socio-economic growth, and reaffirmed their commitment to achieving targets set for the whole 2026 at an online Government-locality conference on October 3.

Creating new drivers for Vietnam-Canada cooperation

Creating new drivers for Vietnam-Canada cooperation

The elevation of bilateral ties to a Strategic Partnership shows that Vietnam and Canada increasingly view each other not simply as trading partners, but as long-term partners in addressing economic, technological and regional challenges.

Top leader asks for sports development to build national strength

Top leader asks for sports development to build national strength

The top leader applauded the efforts of ministries, sectors, localities, social organisations, coaches, athletes, experts in developing physical education and sports in recent times, stressing that Resolution No. 08 has provided an important political foundation for sports development over the past 15 years, while Conclusion No. 70 set important orientations for the new period.

Vietnam mobilises resources to affirm its leadership role in APEC 2027

Vietnam mobilises resources to affirm its leadership role in APEC 2027

PSNews - Vietnam is recognised by its partners as an influential member of the Asia-Pacific Economic Cooperation (APEC) forum, with expectations that it will continue to demonstrate leadership when it hosts APEC for the third time in 2027, according to Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu.

Top Vietnamese leader receives Chairman of Japan Bank for International Cooperation

Top Vietnamese leader receives Chairman of Japan Bank for International Cooperation

General Secretary and President Lam urged JBIC to continue promoting the substantive implementation of projects under the Asia Zero Emission Community (AZEC), and step up discussions on potential cooperation within the framework of the POWERR Asia (Partnership on Wide Energy and Resources Resilience Asia) initiative, including the development of strategic energy reserves.

NA, Government's Party committees meet on legislature's second session agenda

NA, Government's Party committees meet on legislature's second session agenda

National Assembly President Tran Thanh Man coordination must go beyond finishing the agenda to improve the quality of NA decisions and Government enforcement; deal with policies rather than just paperwork, especially in the fight against corruption and other negative phenomena; and pin down final responsibility for each product, not just progress.

Prime Minister receives Cambodian Minister of Inspection

Prime Minister receives Cambodian Minister of Inspection

Prime Minister Le Minh Hung asked the two countries' inspection agencies to build on their achievements by regularly exchanging information and experience, maintaining delegation exchanges, and coordinating inspections in areas related to bilateral economic, trade and investment cooperation.