DPM meets with UAE’s counterpart in Dubai

Bui said the summit reflects the UAE's growing international influence in shaping governance structures and seeking creative solutions and policies to build future governments, especially in technological innovation and national governance.

The UAE Deputy Prime Minister hailed Viet Nam's economic growth, investment attraction, and governance reforms. He considered the country's participation in the World Government Summit 2025, hosted by the UAE as a valuable contribution to the event's success.

The pair were satisfied with the positive progress in bilateral cooperation following recent high-level visits.

They noted an increase in delegation exchanges, enhanced trade and investment promotion, and ongoing discussions on potential investment projects between the countries' ministries and businesses.

The officials agreed to continue strengthening all-level mutual visits and expedite the signing of an action plan to effectively implement the Viet Nam-UAE comprehensive partnership.

Both sides agreed to expedite the approval and effective implementation of the CEPA, striving to begin right in the first quarter of this year in a bid to raise two-way trade to US$20 billion in the near future.

They also committed to enhancing exchanges and sharing information on potential investment projects to achieve breakthrough cooperation projects in the coming time, particularly in strategic sectors such as digital transformation, logistics, and renewable energy.

Son expressed his desire for the UAE to support and share its experience with Viet Nam in building institutional frameworks and policies to attract investment in the development and operation of international financial centers in Ho Chi Minh City and Da Nang, as well as free trade zones in Ba Ria-Vung Tau and Hai Phong.

He also requested the UAE's assistance in developing Viet Nam's Halal industry and expanding the export of its Halal products to the UAE and the region.

In reply, Abdullah bin Zayed Al Nahyan agreed with Son's proposals, emphasising that UAE leaders highly value the relationship with Viet Nam, especially following the recent visit to the UAE by Prime Minister Pham Minh Chinh.

He also praised Viet Nam's increasing position in the international arena, with an open foreign policy and being friends with all nations, and a strong aspiration and determination for development, makes Viet Nam one of the UAE's most important partners in the region.

Viet Nam said Abdullah bin Zayed Al Nahyan is a market with great potential, a young and highly skilled workforce, and many opportunities to attract major UAE investment projects.

He also suggested expanding labor cooperation between the two countries, given the UAE's high demand for labor and its goal of diversifying its expatriate workforce.

The two officials agreed to strengthen coordination and optimize the role of their respective ministries of foreign affairs. They planned to hold a political consultation this year to review specific plans and promote bilateral cooperation across all fields and mull over establishing cultural centers in each country to enhance people-to-people exchanges, cultural ties, and mutual understanding between their people./.