Vietnam and Saudi Arabia Strengthen Investment Ties

PGA Tour commissioner Jay Monahan and Yasir Al-Rumayyan, governor of Saudi Arabia's Public Investment Fund, are set to meet again in Saudi Arabia after a recent appear together during the Alfred Dunhill Links Championship. Their upcoming meeting coincides with LIV Golf's presence at the Ladies European Tour event, where discussions about leadership changes within LIV, particularly concerning CEO Greg Norman, are also underway. Meanwhile, Vietnamese Prime Minister Pham Minh Chinh is actively promoting investment ties with Saudi Arabian businesses, having met with leaders from Zamil Group and SALIC to discuss expanding their investments in Vietnam. Chinh emphasized the importance of diversifying products and promoting technological advancements in production for sustainable development. Additionally, he invited Crown Prince Mohammed Salman to visit Vietnam, highlighting the growing bilateral relationship and shared goals of enhancing economic cooperation. Both nations aim to increase bilateral trade to over $10 billion by 2030, focusing on innovation and green transformation as key areas for collaboration.