The Saudi-Vietnamese Joint Committee held a virtual meeting in its fourth session on Wednesday, co-chaired on the Saudi side by the Deputy Minister of the Ministry of Economy and Planning for International Economic Affairs Bandar Al-Khamis, and on the Vietnamese side, Deputy Minister of Industry and Trade Cao Quoc Hung, in the presence of the Saudi Ambassador to the Republic of Vietnam Saud Al-Suwailem and the Vietnamese Ambassador to the Kingdom of Saudi Arabia Vu Viet Dung.
During the meeting, the two sides stressed the strength of the Saudi-Vietnamese relations, as the past years witnessed a remarkable development in trade exchange between the two countries, with a volume of more than SR 8 billion.
The meeting touched on the economic and social highlights and investment opportunities between the two countries and the cooperation in the field of health care, and reviewed the achievements made under the umbrella of the committee's work, including the air services agreement that enabled the opening of air space between the two countries. Memorandum of understanding was recently signed between the Saudi Press Agency(SPA) and Vietnam News Agency (VNA), which included strengthening cooperation and news exchange between the two agencies and using information services.
The two sides agreed to continue work in the fields that enhance bilateral cooperation between the two countries, including the fields of foreign relations, trade, water, energy, industry, agriculture, investment, finance, development support, work, education, human resource development, media, culture, sports, tourism, defense, security, science, technology and innovation.
Saudi-Vietnamese Joint Committee was launched in 2006 and aims to discuss ways of cooperation in many areas that contribute to the development of the two countries.