Oct 6, 2012

Vietnam - Saudi Arabian Finance Minister to visit Vietnam

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VietNamNet Bridge - The Kingdom of Saudi Arabia's Finance Minister Ibrahim Al Assaf will pay an official visit to Viet Nam on October 9 at the invitation of Vietnamese Finance Minister Vuong Dinh Hue.

During the visit, the Saudi Arabian Minister will sign two loan agreements approved by the Saudi Arabia Development Fund to build two road projects in Quang Tri and Phu Yen provinces, at a cost of nearly US$31 million.

The Saudi Arabia Development Fund previously funded two other projects in Vietnam in 2011, include the General Hospital and Medical Center of Bac Kan Province with the value of $14.67 million and the Vocational Training Centre of Ninh Thuan Province, worth $11.2 million.

PV


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