Expanding Vietnam's investment cooperation space with the Middle East and Africa

(Chinhphu.vn) - The Prime Minister's working trip to South Africa, Kuwait and Algeria from November 16-23, 2025 is expected to create new momentum for two-way investment cooperation. Vietnam hopes to expand its market, seek sustainable investment flows and introduce its advantages in attracting high-tech, green and innovative FDI.

Deputy Minister of Finance Do Thanh Trung - Photo: VGP/Nhat Bac

On the occasion of the Prime Minister 's working trip to South Africa - Kuwait - Algeria, the Government Electronic Newspaper interviewed Deputy Minister of Finance Do Thanh Trung about investment cooperation expectations, areas that can make breakthroughs and the key message Vietnam brings to the G20 Summit.

Forming stable and sustainable two-way capital flow with partners

Deputy Minister Do Thanh Trung: The trip is of strategic significance, aiming to expand Vietnam's investment cooperation space with emerging regions with great potential - including Africa and the Middle East. First of all, the key objective is to deepen bilateral cooperation frameworks, thereby creating the premise for forming stable and sustainable two-way capital flows with partners with strengths in finance, energy and technology.

In South Africa, Vietnam considers it a gateway partner to the African region, with the most developed industry on the continent. Cooperation opportunities primarily focus on the fields of energy, minerals, oil and gas; followed by agricultural and aquatic product processing; then logistics, infrastructure and seaports. In return, South African businesses can invest in agriculture , pharmaceuticals, finance and manufacturing in Vietnam, targeting the ASEAN market of more than 680 million people.

In Kuwait, Vietnam hopes to welcome high-quality investment capital from national financial funds such as the Kuwait Investment Authority (KIA) or the Kuwait Fund for Development (KFAED). Cooperation between the two sides focuses on strategic infrastructure, clean energy, finance and banking, sustainable real estate and green industrial zones. These are areas where Kuwait has capital strengths, while Vietnam has great development needs.

In Algeria, the long-standing tradition of friendly cooperation between the two countries opens up new opportunities in oil and gas, mining, telecommunications, high-tech agriculture and technical education and training. At the same time, the historical foundation of cooperation creates conditions for both sides to continue promoting specific projects and strengthening business connections.

In general, the Prime Minister's working trip is expected to create new momentum for two-way investment flows, contributing to diversifying partners and markets, in line with the strategy of deep integration and sustainable development that the Government is implementing.

Expectations for Vietnam's message to the G20

Deputy Minister Do Thanh Trung: At the G20 Summit, the message that the Vietnamese Government intends to convey to the international investment community is very clear. That is, Vietnam is a safe and attractive investment destination and is strongly transforming towards a green, digital and innovative economy.

The Vietnamese government has identified a priority goal of selectively attracting FDI capital, aiming at high technology, innovation, green economy and sustainable development. In my opinion, there are 3 outstanding advantages that Vietnam will demonstrate to the international investment community.

Firstly, political stability and clear, consistent policies are factors that major investors always consider to be top priorities. Vietnam is one of the few developing economies that has maintained high growth and macroeconomic stability for more than three decades.

Second, its strategic position in the global supply chain. Vietnam is located in the center of the Asia-Pacific region and is a member of 17 new-generation free trade agreements, opening the door to major markets such as the US, EU, and Japan.

Third, a relatively young and increasingly skilled workforce, coupled with a national digital transformation policy, are making Vietnam an attractive destination for high-tech manufacturing, digital services, renewable energy, and data centers.

In addition, Vietnam is building a green financial and investment ecosystem, with tax incentives, credit and infrastructure to support businesses investing in renewable energy, environmental treatment and circular economy.

At the G20, the spirit of the Government leadership will be clearly conveyed to partners, that is, "The Vietnamese Government always accompanies and ensures the legitimate rights and interests of investors, considering the success of investors as the success of Vietnam".

Deputy Minister Do Thanh Trung : Over the past 30 years, Vietnamese enterprises have gradually expanded their investment abroad and achieved many successes in Asia, Eastern Europe, South America and Africa. Sectors such as oil and gas, telecommunications, high-tech agriculture, mining, construction, etc. have all demonstrated their competitiveness and ability to adapt to different legal and cultural environments.

In my opinion, those valuable experiences can be strongly promoted when Vietnam expands cooperation with South Africa, Kuwait and Algeria. Specifically:

Firstly, Vietnamese enterprises have experience implementing projects in environments with limited infrastructure and harsh natural conditions — this is an advantage when cooperating with many African and Middle Eastern countries.

Second, the "win-win" cooperation model that Vietnam has successfully applied in many countries, such as the cooperation model of the Oil and Gas Group, Viettel, or high-tech agricultural enterprises — can be a good model for cooperation in other countries.

Third, Vietnam can become a trade and investment bridge between Middle Eastern and African countries and the ASEAN region, especially in the fields of energy, logistics, processing industry, manufacturing, and agriculture.

This is also an opportunity for Vietnamese enterprises to affirm their international capacity, expand their network of strategic partnerships and contribute to concretizing the Government's policy on promoting foreign investment in a oriented, safe and effective manner.

The Prime Minister's working trip to South Africa, Kuwait and Algeria this time is both a high-level political and economic diplomatic event and an important investment promotion activity, affirming Vietnam's proactive, positive and responsible role in the global economy.

Thank you very much!

Huy Thang recorded

Source: https://baochinhphu.vn/mo-rong-khong-giant-hop-tac-dau-tu-cua-viet-nam-voi-trung-dong-chau-phi-102251115172545575.htm