Page 202 - MOE ENGLISH PR REPORT - JANUARY 2024

The two countries have been expanding cooperation in many fields, notably the launch of their
negotiation for Vietnam-UAE CEPA, he said.

Appreciating the efforts and results that the negotiation delegations of the two countries have made,
the two officials discussed measures to address issues in which the two sides have different points
of view.

Regarding bilateral cooperation, Minister Dien called on the UAE side to consider and facilitate
business delegation exchanges and coordinate to organise trade promotion activities. He also
proposed the UAE businesses to invest in Vietnam in some areas of mutual interest.

In the coming time, the two sides agreed to cooperate more closely to speed up the Vietnam - UAE
CEPA negotiation process and conclude it soon.

Currently, the UAE is the largest export market and the second-largest trade partner of Vietnam in
West Asia (after Kuwait).

In 2023, Vietnam's exports 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 main exports to the UAE include mobile phones, computers and components, electrical
products, household electronics, pepper, seafood, footwear, textiles, grain products, plastic, and
wooden furniture. It imports are raw plastics, liquefied petroleum gas (LPG), petroleum products,
animal feed materials, metals, and chemicals./.

https://en.vietnamplus.vn/vietnam-uae-speed-up-negotiation-for-comprehensive-economic-
partnership-agreement/276753.vnp