 Prime Minister Pham Minh Chinh receives Mr. Nasser Sulaiman Al Harthy, Vice Chairman of the Oman Investment Authority (OIA). (Photo: Duong Giang/VNA) |
PM Chinh acknowledged and highly valued the pioneering, effective, and strategic role of the Vietnam – Oman Investment Fund during more than 17 years of operations in Vietnam. The fund demonstrates a long-term vision, sustainable investment thinking, and a commitment to accompanying Vietnam’s socio-economic development.
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.
PM Chinh suggested the fund not only support and invest in strategic fields such as infrastructure transport, clean water, renewable energy, healthcare, education, and consumer finance, but also participate in supporting Vietnam’s private economic development, as well as agriculture and the Halal food sector.
Suliman Al Harthi emphasized Oman’s focus on enhancing cooperation with Vietnam, especially in investment - a highly potential and bright area in the bilateral relations in recent times. The OIA Deputy President said that the OIA has collaborated with the State Capital Investment Corporation (SCIC) to establish the Vietnam new era growth fund with a minimum capital of 200 million USD. He confirmed that the fund will prioritize investment in potential sectors such as technology, telecommunications, finance, Halal agriculture, and digital transformation in Vietnam, contributing to strengthening trade exchange between the two countries.