SCIC General Director receives and works with the Oman Investment Authority

On February 3, 2026, at the headquarters of the State Capital Investment Corporation (SCIC), Mr. Nguyen Quoc Huy – Member of the Board of Members and General Director of SCIC – held a meeting and working session with a delegation from the Oman Investment Authority (OIA) during their official visit to Vietnam. The delegation was led by H.E. Nasser Al Harthy, Vice Chairman of OIA and Chairman of the Board of Directors of Vietnam Oman Investment (VOI), accompanied by his colleagues.

Overview of the working session

Joining General Director Nguyen Quoc Huy in the reception were Mr. Bui Duc Long (Member of the Board of Members), Mr. Vu Tri Thuc (Deputy General Director), Mr. Dinh Viet Tung (Deputy General Director), and leaders from various functional departments and units.

During the session, Mr. Nguyen Quoc Huy and H.E. Nasser Al Harthy exchanged updated information regarding SCIC and OIA, as well as potential investment cooperation opportunities. Notably, as Vietnam enters a "new era," and to further strengthen diplomatic relations and investment cooperation between Vietnam and Oman in general, and between SCIC and OIA in particular, SCIC shared insights into its Development Strategy to 2030 and Vision to 2035. This strategy, approved by the Prime Minister, aims to accelerate the equitization and restructuring of state-owned enterprises while attracting international investment into key projects to drive socio-economic development and contribute to the overall growth of the Vietnamese economy.

The two sides also discussed the implementation of the 'Vietnam New Era Growth Fund.' To ensure effective investment cooperation, both parties emphasized the need to agree on a common governance framework, a coordinated implementation mechanism, as well as investment decision-making processes and methods. OIA proposed inviting additional investors, such as Vietnamese banks and insurance organizations, along with other investment funds and financial institutions from Oman. This initiative aims to create a solid and prestigious platform to attract further capital flows from other Gulf nations and the international community.

The projects discussed fall into sectors of mutual interest, such as logistics, seaports, and mining. SCIC welcomed the cooperation and increased investment, while proposing that SCIC act as a bridge to assist these investors in accessing and researching information on enterprises within its divestment portfolio and those seeking strategic partners in Vietnam. This support aims to create the most favorable conditions for long-term cooperation between the two sides.

OIA expressed its appreciation for the insights shared by SCIC and expressed its desire for both parties to report the results of the cooperation to the Prime Minister following this meeting. Simultaneously, OIA recommended that the Vietnamese side facilitate mechanisms for the newly established fund between SCIC and OIA to implement investment projects in the near future. On this occasion, the OIA representative also extended their gratitude to SCIC for the coordination and support that enabled OIA's successful investment in BIDV.

The Delegation of the Oman Investment Authority

Concluding the meeting, H.E. Nasser Al Harthy shared that the Omani Government has approved the policy to establish the Oman International Financial Centre. This center will operate under an independent mechanism in line with international practices to create a favorable environment for financial institutions and related services. OIA expressed its readiness to exchange information and share experiences with Vietnamese partners whenever appropriate. On behalf of SCIC, General Director Nguyen Quoc Huy extended his sincere thanks to H.E. Nasser Al Harthy – Vice Chairman of OIA and the delegation. He expressed his hope that following this visit, both sides would further strengthen their cooperation, maintain regular information exchange, and actively promote investment opportunities toward the goal of sustainable development for both nations.

The delegations of both parties took a commemorative photo.