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10/29/24, 4:04 PM Dubai Chamber of Commerce launches Vietnamese Business Council to support growth of bilateral trade and investments - Busin…
Dubai Chamber of Commerce launches Vietnamese

Business Council to support growth of bilateral trade

and investments

Published Monday, October 28, 2024 By E247

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 ties, with continuous growth in trade and bilateral investments. We look

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