He expressed Sheikh Mohammed bin Zayed Al Nahyan He expressed his hope that the visit of the Prime Minister of the Republic would contribute Vietnam to The UAE In pushing the cooperation relations between the two countries to broader horizons that serve their common interests.
Opportunities for developing the ambitious Emirati-Vietnamese relations during the coming period and building on what has been achieved over the past decades were reviewed, especially in the areas of economy, trade, investment and culture, in addition to climate action, renewable energy and other aspects that constitute key components for promoting development, progress and sustainable prosperity in the two countries.
Sheikh Mohammed bin Zayed Al Nahyan stressed the UAE’s keenness to continue developing its relations with Vietnam since the establishment of diplomatic relations between the two countries in 1993, in a way that serves their mutual interests and achieves the aspirations of their peoples for development and prosperity.
He pointed to the continuous growth witnessed by the economic and trade relations between the UAE and Vietnam, as the volume of non-oil trade between the two countries reached $12.12 billion during the past year, with a growth rate of 38.7 percent compared to 2022.
Sheikh Mohammed bin Zayed Al Nahyan also confirmed the quest UAE As a “sectoral dialogue partner” in ASEAN, it seeks to strengthen its economic and trade partnerships with Vietnam, which is the largest non-oil trading partner of the UAE among ASEAN countries.
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, said Dubai“Today, I witnessed with His Excellency the Prime Minister of Vietnam, Pham Minh Chinh, the signing of the Comprehensive Economic Partnership Agreement between the two countries.”
He said on his official account on the “X” platform, on Monday: “Vietnam is one of the fastest growing countries on the Asian continent… and we are their largest trading partner in the region… and non-oil trade exchange between us has achieved a growth of 38 percent between the years 2022 and 2023.”
Sheikh Mohammed bin Rashid added: “Our national companies, such as Dubai Ports World Mubadala and Borouge manage huge investments in Vietnam, and today our non-oil trade with them amounts to more than $12 billion in 2023.”
For his part, the Vietnamese Prime Minister stressed his country’s interest in strengthening its cooperation relations with the UAE and opening new horizons for their economic and trade partnerships in a way that serves their common interests and fulfills the aspirations of their people for the future.
