Friday, June 14, 2024
Friday, June 14, 2024
Home » Vietnam is a Potential Investment Market for the UAE

Vietnam is a Potential Investment Market for the UAE

by Kimo Vongphakdy
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The Vice President said UAE businesses are showing their interest in Vietnam’s major fields such as renewable energy, digital transformation, infrastructure, logistics, seaports, and data centres.

He highly appreciated Chinh’s attendance at the COP28 conference in the UAE, saying Chinh’s working trip and the previous one by Vice President Vo Thi Anh Xuan in May 2023 would help to promote friendship and multifaceted cooperation between the two countries.

Chinh for his part proposed that the UAE increase investment and assist Vietnam in building and operating the International Financial Centre in Ho Chi Minh City and National Innovation Centre in Hanoi, as well as in establishing smart cities, implementing renewable energy projects, and developing the Halal industry.

He also proposed that the two sides soon establish a joint working group in the fields of economy and investment in order to make a breakthrough in economic cooperation.

The UAE Vice President welcomed Chinh’s proposals and revealed that a delegation of UAE businesses would come to Vietnam to explore and discuss specific implementation plans.

He highly appreciated the signing of a memorandum of understanding on human resources cooperation between the UAE and Vietnam, and expressed hope that the UAE would receive more Vietnamese workers in the near future.

The UAE leader also assured his guest that the UAE would help Vietnam develop a youth football academy and increase sport exchanges between the two countries.

Source: VOV

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