The Vietnam-UAE Business and Investment Forum will take place on April 10 in Abu Dhabi, organized by the Vietnamese Embassy in the United Arab Emirates (UAE) in coordination with the Abu Dhabi Chamber of Commerce and Industry.
This forum is not only a trade promotion event but also contributes to Vietnam's economic diplomacy strategy, making the UAE one of the important connecting centers with the Middle East market. The Vietnamese Embassy in the UAE hopes that the event will open up many new cooperation opportunities, bringing businesses of the two countries closer to common development goals.
Sharing before the event, Vietnamese Ambassador to the UAE Nguyen Thanh Diep said that with the theme “Vietnam-UAE Trade Gateway: Connecting the Right Needs, Cooperating with the Right Partners”, the forum brings together experts, investors and business leaders, providing in-depth discussions, analyzing market trends, economic policies and business opportunities in the UAE. This is also an opportunity for Vietnamese businesses to directly connect with potential partners, promote trade promotion activities and expand international markets.
The Forum will have many important activities, bringing practical value to businesses, such as: Strategic discussion session: With the participation of leaders of the two countries and leading experts in economics and investment, it will help provide information on trade policies, business and investment opportunities between the two countries, and update the business support policies of the Vietnamese-UAE governments; Business connection: Vietnamese businesses will have the opportunity to meet directly with UAE partners, seek opportunities to expand the market and establish strategic cooperation; Signing a memorandum of understanding (MOU): Many businesses of the two countries are expected to sign cooperation agreements, creating a foundation for long-term development.
In addition, display products and services of Vietnamese enterprises at exhibition booths and organize visits to factories, supermarket systems, and large corporations so that Vietnamese enterprises can learn about the market and cooperation opportunities.
"After more than 30 years, the friendship and cooperation between Vietnam and the UAE has been developing positively in many fields of politics, diplomacy, trade, investment, labor and tourism. The year 2024 has witnessed positive developments in the cooperation between the two countries, with more and more large UAE enterprises wishing to cooperate with Vietnamese partners. The two countries also have a lot of potential for investment cooperation as the UAE owns many large-scale investment funds, while Vietnam has a need to attract investment in important areas such as innovation, infrastructure, energy, renewable energy, oil and gas and logistics...", Ambassador Nguyen Thanh Diep informed about the relationship between Vietnam and the UAE in the current period and the possibility of Vietnamese enterprises promoting the export of economic products to the UAE.
Currently, Vietnam mainly exports to the UAE products such as household appliances, phones, computers, equipment and agricultural products such as pepper, cashew nuts and the demand of the UAE market is increasing.
One of the notable efforts of the Vietnamese Embassy in the UAE is the establishment of the Vietnam Business Association in the UAE, which plays an important role in providing legal and procedural support to Vietnamese businesses wishing to expand their operations in the UAE. This is also a foundation to help UAE businesses easily access and invest in the Vietnamese market.
The UAE is currently Vietnam’s largest trading partner in the Middle East, with annual bilateral trade reaching nearly 5 billion USD. In the first 9 months of 2024, this figure increased by more than 40% over the same period last year, showing strong potential for cooperation between the two countries./.
Source: https://baophapluat.vn/sap-dien-ra-dien-dan-kinh-doanh-va-dau-tu-viet-nam-uae-post542868.html
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