Vietnam, UAE speed up negotiation for comprehensive economic partnership agreement
Officials from Vietnam’s Ministry of Industry and Trade (MoIT) and the UAE Ministry of Economy on January 24 agreed to speed up the negotiation for a comprehensive economic partnership agreement (CEPA) between the two countries.
Representatives from Vietnam’s Ministry of Industry and Trade (MoIT) and the UAE Ministry of Economy at the meeting in Hanoi on January 24. (Photo: VNA)
Hanoi (VNA) – Officials from Vietnam’s Ministry of Industry and Trade (MoIT) and theUAE Ministry of Economy on January 24 agreed to speed up the negotiation for acomprehensiv🐠ꦡe economic partnership agreement (CEPA) between the two countries.
Receiving Minister of State for Foreign Trade at the UAE Ministry of Economy Thani binAhmed Al Zeyoudi in Hanoi on January 24, MoIT Minister Nguyen Hong Dien hailed the Vietnam- UAE economic andtrade cooperation in recent years. The two countrieshave been expanding cooperation in many fields, notably the launch of theirnegotiation for Vietnam-UAE CEPA, he said. Appreciating theefforts and results that the negotiation delegations of the two countries havemade, the two officials discussed measures to address issues in which the twosides have different points of view. Regardingbilateral cooperation, Minister Dien called on the UAE side to consider andfacilitate business delegation exchanges and coordinate to organisetrade promotion activities. He also proposed the UAE businesses to invest in Vietnam in some areas of mutual interest. In the comingtime, the two sides agreed to cooperate more closely to speed up the Vietnam -UAE CEPA negotiation process and conclude it soon. Currently, the UAEis the largest export market and the second-largest trade partner of Vietnam inWest Asia (after Kuwait). In 2023, Vietnam'sexports to the UAE reached over 4 billion USD and its imports from this market hit over 676 million USD, marking a year-on-year increase of 4.3% and 16%respectively. Vietnam's mainexports to the UAE include mobile phones, computers and components, electricalproducts, household electronics, pepper, seafood, footwear, textiles, grainproducts, plastic, and wooden furniture. It imports are raw plastics,liquefied petroleum gas (LPG), petroleum products, animal feed materials, metals, and chemicals./.
Prime Minister Pham Minh Chinh received Minister of State for Foreign Trade at the UAE Ministry of Economy Thani bin Ahmed Al Zeyoudi and representatives of some major enterprises of the country in Dubai on December 3 morning (local time).
Prime Minister Pham Minh Chinh, his spouse and the Vietnamese delegation arrived in Hanoi late December 3, concluding their working trip to attend the World Climate Action Summit within the framework of the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28), bilateral activities in the UAE and pay an official visit to Turkey from November 29 to December 3.
Prime Minister Pham Minh Chinh’s freshly-concluded trip to the United Arab Emirates (UAE) and Türkiye affirms Vietnam's active and proactive efforts in joining the world in responding to climate change, while marking the start of a new stage in cooperation between Vietnam and countries in the Middle East, especially in trade and investment.
Prime Minister Pham Minh Chinh and his entourage wrapped up their trip to the United Arab Emirates (UAE) to attend the 28th UN Climate Change Conference of the Parties (COP28), and an official visit to Türkiye from November 29 to December 3, with all goals achieved, said Deputy Minister of Foreign Affairs Do Hung Viet.
Minister of Industry and Trade Nguyen Hong Dien had a working session with leaders of Sirius International Holding of the UAE in Hanoi on December 19 to discuss business and investment cooperation opportunities in Vietnam.
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