 |
| Dr. Tran Hai Linh, member of the Central Committee of the Vietnam Fatherland Front and Chairman of the VKBIA Association, and Mr. Rabelin Tchoumi, OWI CEO and Managing Partner, sign the agreement. |
On July 14, 2023 in Seoul, the RoK, the signing ceremony of a comprehensive strategic cooperation partnership between VKBIA and One World Impact Capital Limited (OWI) of the United Arab Emirates (UAE) took place.
Speaking at the ceremony, Dr. Tran Hai Linh, member of the Central Committee of the Vietnam Fatherland Front, Chairman of the VKBIA Association, affirmed that after more than 30 years since the establishment of diplomatic relations in 1992, the two countries Vietnam - RoK have made remarkable progress in many fields, and officially upgraded their relations to a "Comprehensive Strategic Partnership" in December 2022, opening a new development period for the two countries' relations.
In order to strengthen and develop the substantive and more effective "Comprehensive Strategic Partnership" between the two countries, President of the RoK Yoon Suk Yeol paid a state visit to Vietnam 22-24 June, 2023. On the occasion of the visit, the Government of the Socialist Republic of Vietnam and the Government of the RoK agreed to sign and implement the Action Program on the comprehensive strategic partnership between the two countries.
On the other hand, the friendship and cooperation between the United Arab Emirates (UAE) and Vietnam in recent years has made positive and strong developments in many fields such as politics - diplomacy, economy - trade, investment, tourism and energy. The UAE is currently Vietnam's largest trading partner in the Middle East - North Africa region. Last April, 2023, Vietnam and the UAE signed a ministerial declaration on the launch of negotiations for the Vietnam - UAE FTA Agreement (CEPA).
In the field of investment, Prime Minister of Vietnam Pham Minh Chinh, in a meeting with the Minister of Foreign Affairs of the UAE Sheikh Abdullah bin Zayed Al Nahyan on June 14, 2023, said that Vietnam encourages UAE businesses and investment funds to invest and transfer technology in fields of mutual interest such as logistics, real estate, services, infrastructure and innovation.
Prime Minister Pham Minh Chinh suggested the UAE share experiences, support Vietnam to build an international financial center, connect innovation networks, convert energy, protect the environment, and manage natural resources. Mr. Tran Hai Linh, Chairman of VKBIA Association, expressed that the signing ceremony creates an important milestone for cooperation in the field of investment between the UAE, the RoK and Vietnam, promotes the development of global trade, and makes a fundamental contribution to the country's economic growth of Vietnam, the RoK and UAE.
Mr. Rabelin Tchoumi, CEO and Managing Partner of One World Impact Capital Limited (OWI) shared that OWI is a global alternative investment conglomerate headquartered in Abu Dhabi providing long term patient capital for investable projects globally. The Group operates under UAE inspirational vision for a developmental-investment oriented bilateral partnership, designed specifically to contribute to the sustainable development agenda of each strategic partner country of the UAE, aiming at result-oriented exchanges, initiatives, and joint action in key areas of mutual interest for further progress and prosperity. It is for that reason that OWI warmly welcome today’s agreement.
Measures to ensure a stable future for our communities and our planet will depend on more connected, impactful and strategic investment around the globe. This strategic partnership deal represents a tangible pooling of the group’s strengths and expertise to drive our institutional capital in support of joint investments in Vietnam and the RoK – through collaboration on joint initiatives and projects.
During the schedule in the RoK, the delegation of OWI Investment and VKBIA Association had and continued to have many working sessions with leading financial management companies; and large and medium-sized Korean corporations and enterprises to discuss, focus on analysis and decide on a number of priority areas for investment in Vietnam and the RoK in the coming time./.