Riyadh, Saudi Arabia— As many as 20 Vietnamese companies that participated in the Saudi-Vietnamese Business Forum on Tuesday evinced interest in investing in the kingdom and benefiting from the opportunities offered by its transformative Vision 2030.
More than 20 Saudi companies also attended the forum organized by the Federation of Saudi Chambers. Vice-Chairman of the Saudi Regional Business Council for Southeast Asian Countries Abdulghani Al-Rumaih praised the relations between Saudi Arabia and Vietnam and the agreements signed between the two sides as well as the Saudi-Vietnamese Joint Committee.
The trade between the two countries amounted to about SR8.2 billion in 2021.
The Deputy Director General of the Asia and Africa Department at the Ministry of Industry and Trade of Vietnam said that the Kingdom of Saudi Arabia is Vietnam’s second-largest trade partner in the Middle East, calling on Saudi companies to explore the possibility of investing in Vietnam to produce and export the needs of the Saudi market.