Prime Minister to attend 8th Future Investment Initiative Conference in Saudi Arabia

VGP – Prime Minister Pham Minh Chinh is set to attend the 8th Future Investment Initiative (FII) Conference that kicked off on Tuesday in Saudi Arabia's Riyadh.

October 29, 2024 9:15 PM GMT+7

Saudi Arabia is the second leg of the Prime Minister's ongoing tour to three Middle East countries after concluding his official visit to the United Arab Emirates.

Dubbed "Davos in the Desert", the conference is the largest international investment and innovation forum in the Middle East as it brings together leaders, visionaries, and innovators from around the world to explore the future of global investment.

By focusing on the theme "Infinite Horizons," this year's conference will challenge participants to think beyond conventional limits and explore investment opportunities that can bridge current challenges with future possibilities.

On the occasion Prime Minister Pham will pay a working visit to Saudi Arabia – Viet Nam's third largest trading partner in the Middle East, with the two-way trade reaching US$2.21 billion in the first nine months this year.

Saudi Arabia ranks 79^th out of 148 countries and territories investing in Viet Nam, with total registered capital of US$8.57 million.

At present, around 4,000 Vietnamese are working in Saudi Arabia, according to the Ministry of Foreign Affairs.

Following his visit to Saudi Arabia, Prime Minister Pham will pay an official visit to Qatar./.