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 theU🌞AE Ministry of Economy on January 24 agreed to speed up the negot🍰iation for acomprehensive 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.
With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at 15 billion USD.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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) 
