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Saudi business delegation visits ZSBVC steel factory in Vietnam

80 Saudi businessmen, representing over 50 Saudi firms and representatives from several national bodies visited ZSBVC plant in Vietnam. (SPA)
  • The visit aims to explore investment opportunities, enhance trade, investment and industrial cooperation between Saudi Arabia and Vietnam.
  • The visiting delegation was briefed on the production lines at Zamil Steel Building Vietnam Co and witnessed the skill of the workers.

HANOI, VIETNAM  – A delegation of 80 Saudi businessmen, representing over 50 companies, and representatives from national specialized bodies and centers visited Zamil Steel Building Vietnam Co. (ZSBVC) here.

The visit aims to explore investment opportunities, enhance trade, investment and industrial cooperation between Saudi Arabia and Vietnam.

During the visit, the delegation was briefed on the production lines at ZSBVC and witnessed the skills of the workers.

Saudi Ambassador to the Socialist Republic of Vietnam Mohammed bin Ismail Dahlawi said that the visit would contribute to strengthening trade and economic cooperation between the two countries.

The CEO of the Strategy and Development Sector at the Saudi Fund for Development (SFD), Dr. Abdullah bin Suleiman Al-Sakran, emphasized the importance of this visit in exploring investment opportunities.

The SFD official said this visit will help in boosting the Kingdom’s foreign trade, especially through the Shareek Program, which aims to strengthen cooperation between the public and private sectors.

This would help enhance domestic investments in companies, thereby bolstering the Kingdom’s economy overall, he said.