Kuwait, Vietnam eye joint investment

KUWAIT, March 18 (KUNA) — The Kuwaiti Union of Investment Companies (UIC) and a visiting Vietnamese trade delegation on Saturday discussed promising investment opportunities in various sectors in Vietnam.

During the meeting, the Vietnamese team expounded on a number of planned investment projects and plans, the UIC said in a press statement.

The planned investment ventures include the development or establishment of seaports, industrial centers, airports and infrastructure utilities, along with investment opportunities in mining, pharmaceutical and textile sectors, it added.

In this context, the union estimated Vietnam’s gross domestic product (GDP) growth at 8.02 percent in 2022, being ranked first in southeast Asia and eighth in the world. (end) ak.mt

Source: Kuwait News Agency