Prime Minister Pham Minh Chinh receives leaders of Saudi Agricultural and Livestock Investment Company. Photo: VOV

The Vietnamese Prime Minister emphasized that the relationship between Vietnam and Saudi Arabia is thriving and mutual trust is a solid foundation for businesses of the two countries to expand cooperation. However, economic cooperation is still not commensurate with good political relations, he added and said agriculture is Vietnam's strength.

The Prime Minister expressed his hope that SALIC will soon invest in Vietnam in high-tech agriculture, cooperate on seeds, technology, fertilizer, feed, and markets, especially in the Halal food industry.

Sulaiman AIrumaih said that SALIC has invested indirectly in Vietnam through its subsidiaries. The company is very interested in expanding cooperation with Vietnam in rice trade, animal feed, poultry and red meat production, aquaculture, and agricultural product processing.

SALIC is ready to share experiences, transfer technology, share cooperation and investment opportunities both directly and indirectly with Vietnamese partners, he added.