Representatives of the State Capital Investment Corporation (SCIC) recently held a working session in Hanoi with a delegation from the Oman Investment Authority (OIA) during the latter’s official visit to Vietnam, discussing potential avenues for investment cooperation.
The delegation was led by H.E. Nasser Al Harthy, Vice Chairman of OIA and Chairman of the Board of Directors of Vietnam Oman Investment (VOI).
The two sides also reviewed progress on the proposed “Vietnam New Era Growth Fund.”
To ensure effective collaboration, both parties stressed the importance of establishing a shared governance framework, coordinated implementation mechanisms, and clear investment decision-making processes. OIA suggested broadening participation by inviting additional investors, including Vietnamese banks, insurance companies, and other investment funds and financial institutions from Oman. The initiative is expected to form a credible platform capable of attracting further capital flows from other Gulf countries and the wider international investment community.
The discussions also covered sectors with strong potential for cooperation, such as transport and logistics, seaport infrastructure, real estate, mineral exploration and processing, as well as industries aligned with the sustainable development strategies of both countries.
SCIC affirmed its readiness to serve as a bridge for Omani investors seeking partnerships with Vietnamese enterprises, including firms in SCIC’s divestment and cooperation portfolios, on the basis of transparency and legal compliance.
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