At noon on May 29, Politburo member and Prime Minister Pham Minh Chinh received Vice President of the Oman National Investment Agency (OIA) Nasser bin Suliman Al Harthy.
Prime Minister Pham Minh Chinh highly appreciated the working trip of the Vice President of the Oman National Investment Agency in the context of the Vietnam - Oman relationship continuing to be consolidated and strongly developed in many fields, especially in investment and economic cooperation.
The Prime Minister expressed his delight at the positive results of the cooperation between Vietnam and Oman, but there is still a lot of room to expand cooperation between the two sides.
The Prime Minister acknowledged and highly appreciated the pioneering, effective and strategic role of the Vietnam - Oman Investment Fund (VOI) during more than 17 years of operation in Vietnam, demonstrating a long-term vision, sustainable investment thinking and commitment to accompany the socio-economic development of Vietnam, with the selective, focused and transparent investment approach that the Vietnam - Oman Investment Fund is implementing.
Emphasizing that these investments not only create economic value, but also contribute to improving public services, developing social infrastructure and improving the quality of life of people, the Prime Minister proposed that Oman expand and increase the scale of the Vietnam - Oman Investment Fund to 1 billion USD to more support the investment and development needs of Vietnam, in line with the scale of the economy, with interest rates suitable to Vietnam's conditions.
The Prime Minister requested Oman and the Vietnam - Oman Investment Fund not only to support and invest in strategic areas such as transportation, clean water, renewable energy, healthcare, education, consumer finance, etc., but also to participate in supporting the development of Vietnam's private economy, as well as in the fields of agriculture and food.
Vice President of Oman Sheikh Nasser bin Suliman Al Harthy emphasized that Oman attaches importance to strengthening cooperation with Vietnam, especially investment cooperation - a field with great potential and a bright spot in bilateral relations in recent times.
Noting that the Oman National Investment Agency has cooperated with the State Capital Investment and Trading Corporation (SCIC) to establish a Vietnam New Era Growth Fund with a minimum capital of 200 million USD, Mr. Sheikh Nasser bin Suliman Al Harthy affirmed that the fund will prioritize investment in potential areas such as technology, telecommunications, finance, halal agriculture, digital transformation... in Vietnam, contributing to enhancing bilateral trade exchanges between the two countries.
Agreeing with Prime Minister Pham Minh Chinh's opinion, especially on increasing the scale of the Vietnam - Oman Investment Fund, Vice President of the Oman National Investment Agency Al Harthy said that Oman could become a gateway for Vietnam to the Middle East.
The Oman National Investment Agency is committed to further enhancing cooperation with Vietnamese partners, being ready to promote its bridging role in promoting economic and investment cooperation between the two countries, encouraging more Oman and Middle Eastern enterprises to explore cooperation opportunities in Vietnam, as well as calling on Vietnamese enterprises to take advantage of the strengths of the seaport system in Oman to increase exports of goods to the Middle East.
