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Dubai Chamber of Commerce launches

Vietnamese Business Council to support growth of

bilateral trade and investments

Emirates 24/7 (Latest News) - October 28, 2024 at 4:54 pm

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai
Chambers, has announced the establishment of the Vietnamese Business Council to support the
growth of bilateral trade and investments. The announcement was made on the sidelines of the Viet
Nam–UAE Business Forum, which was organised today (Monday) in Dubai by the Ministry of
Planning and Investment of Viet Nam and the Embassy of Viet Nam in the UAE in collaboration with
Dubai Chambers.

The inaugural event was attended by more than 100 government and business figures in the
presence of H.E. Phạm Minh Chính, Prime Minister of the Socialist Republic of Viet Nam; H.E. Dr.
Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade; H.E. Abdul Aziz Abdullah Al
Ghurair, Chairman of Dubai Chambers, and H.E. Mohammad Ali Rashed Lootah, President and
CEO of Dubai Chambers; together with several officials, business leaders, and investors from Viet
Nam and Dubai.

The forum explored ways to enhance economic cooperation and stimulate bilateral investments in
several vital sectors, with a focus on opportunities in the green economy, digital transformation,
and innovation. It culminated in the signing of a number of strategic Memoranda of Understanding
(MoUs) between prominent entities in both countries. They included an agreement between
Vietnam Airlines and both Etihad and Emirates airlines to support cooperation in the aviation
sector; an agreement between DP World and Vietnam Maritime Corporation (VIMC) to develop Can
Tho Port and develop inland waterways; agreements between VinGroup and Benya Group, NDMC
and Abu Dhabi Port to develop key data and logistics infrastructure; an agreement between Vinfast
and Emirates Driving Company on electric vehicle manufacturing; and an agreement between T&T
Group and Golden Nile in finance, agriculture and services.

During his opening speech at the event, H.E. Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai
Chambers, commented: “The UAE and the Socialist Republic of Viet Nam enjoy strong economic

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