NOVEMBERASIA BUSINESS OUTLOOK9As per the government of Vietnam, the oil giant Saudi Aramco is interested in investing in its petrochemical and oil refinery projects.On the sidelines of a summit of Southeast Asian and Gulf countries in Riyadh, Vietnamese Prime Minister Pham Minh Chinh met with Aramco's Yasser M. Mufti, vice president of production and customers.According to a government statement released late Oct 19 , Chinh suggested arranging a meeting between Aramco and Vietnam's state oil firm PetroVietnam to discuss details of the investment projects."Aramco is interested in exploring opportunities to invest in Vietnam, particularly in petrochemical and refinery projects," the company said in a statement.According to the government statement, the company has been selling crude oil to Vietnam but has yet to invest in the country. As the two nations strive to develop trade and economic ties, Canada seeks broader engagement and partnerships in critical technologies with UAE government and private sector organizations to help them improve consumer services.The North American country is keen to open more lines of communications with government entities that provide essential services to residents in a fast-moving and tech-driven country, including those in the utilities and transport sectors, Tracy Reynolds added at the Gitex Global technology conference in Dubai, as per nationalnews. Top executives from Canadian technology companies have already met with the Dubai Electricity and Water Authority (Dewa) and the Roads and Transport Authority (RTA) on the sidelines of the event, he noted. The consul general declined to comment on the conversations, but did say that announcements about partnerships and collaboration might come shortly."We were able to sit down and talk to them and introduce Canadian companies, who discussed their technology solutions that can be used to improve the services being delivered to residents of Dubai and the UAE," he said. "There's a lot of business that's happening. The opportunities speak for themselves," said Mr Reynolds, who succeeded Jean-Philippe Linteau in July.These potential partnerships with UAE companies will underpin Canada's greatest representation at Gitex, the emirate's week-long technology conference and exhibition. He observed that the number of Canadian firms in Dubai's global technology center has more than doubled to 60 this year..SAUDI ARAMCO CONSIDERS INVESTING IN VIETNAM OIL REFINERIESCANADA PROPOSES TO EXPAND TECH CO-OPERATION WITH UAE COMPANIES NEWSROOM
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