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Tue, May 26, 2026

Saudi Arabia, Vietnam promoting JVs and SMEs through MoU

by Newsroom


The agreement focuses on sectors with considerable growth potential, including industry, services, and the digital economy

Saudi Arabia and Vietnam have formalized a memorandum of understanding (MoU) aimed at enhancing economic collaboration across various vital sectors.

Key signatories and objectives

The MoU was signed by Faisal Alibrahim, Saudi minister of Economy and Planning, and Nguyen Hong Dien, Vietnamese minister of Industry and Trade. Its primary goal is to elevate bilateral trade and investment, concentrating on sectors with considerable growth potential, including industry,…



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