Both sides praised the growing financial and investment partnership between the two countries, particularly through VOI, a strategic joint venture between the OIA and the State Capital Investment Corporation (SCIC) of Vietnam, established in 2008.
Emphasising that these investments have not only created economic values but also contributed to improving public services, social infrastructure development, and enhancing people’s quality of life, the PM proposed Oman expand and raise the scale of the fund to 1 billion USD to better support Vietnam’s investment and development needs, in line with its economy’s scale and with interest rates suitable to Vietnam’s conditions.