 PM Pham Minh Chinh meets Sheikh Saoud Salem Abdulaziz Al-Sabah, Managing Director of the Kuwait Investment Authority (KIA), Kuwait, November 18, 2025. |
Meeting with Sheikh Saoud Salem Abdulaziz Al-Sabah, Managing Director of the Kuwait Investment Authority (KIA), PM Chinh, who is on an official visit to the country, called for efforts to open a direct air route, enhance economic and business connectivity, boost cultural exchanges and tourism, and strengthen people-to-people links.
He affirmed that the Vietnamese Government is committed to ensuring political stability, investment security, and the protection of the legitimate interests of foreign investors, and will accompany KIA so that its investment projects in Vietnam are implemented effectively and sustainably.
Sheikh Saoud Salem Abdulaziz Al-Sabah said KIA is diversifying its investment portfolio, and Vietnam has been identified as one of its destinations. Kuwait in general, and Kuwaiti enterprises in particular, wish to expand cooperation, and many of their investment projects in Vietnam are already yielding positive results.
He said KIA will send a working delegation to coordinate with Vietnamese partners to clear bottlenecks, pave the way for future projects.
 PM Pham Minh Chinh and Minister of Oil Tariq Suleiman Al-Roumi |
Meeting with Minister of Oil Tariq Suleiman Al-Roumi, PM Chinh called on his ministry to keep facilitating cooperation and connectivity between the two sides’ energy groups.
He suggested that Kuwait expand the Nghi Son refinery and petrochemical project and invest in additional complexes to help Vietnam secure its energy supply in the next phase of development. He also urged Kuwait to consider building in Vietnam a storage and distribution hub for fuel and energy serving the broader Southeast Asian region.
At his meeting with Shaikh Nawaf S. Al-Sabah, Chief Executive Officer of Kuwait Petroleum Corporation (KPC), PM Chinh said Vietnam expects Kuwait and KPC to continue supplying stable and competitively priced crude oil to the country.
The same day, PM Chinh left Kuwait City, concluding his visit at the invitation of Kuwaiti Prime Minister Sheikh Ahmad Al-Abdullah Al-Sabah.
