The document is aimed at implementing investment projects in the priority sectors of the Uzbek economy and is designed to further strengthen trade, economic and investment ties between Uzbekistan and Vietnam, the Doone News agency reports.
Within the framework of the memorandum, the parties agreed to jointly explore and develop opportunities for strategic cooperation on investment projects relevant to key areas of socio-economic development of Uzbekistan.
In particular, Vingroup Corporation expressed its readiness to cooperate in the field of urban development, including the implementation of projects for the construction of modern residential complexes, hotels, business centers and shopping and entertainment facilities.
In addition, an agreement was reached to explore the potential for cooperation in the field of "green" transformation, sustainable transport and the development of modern service systems.
The signed document creates a solid foundation for the implementation of investment projects aimed at developing recreational infrastructure, unlocking the tourism potential of Uzbekistan and increasing its attractiveness to international tourists.
During the signing ceremony, Vice President and CEO of Vingroup Corporation Nguyen Viet Quang stressed that Uzbekistan is one of the most promising countries in Central Asia, demonstrating sustainable economic growth and the formation of a favorable investment environment, which opens up wide opportunities for long-term mutually beneficial cooperation.