The Ajman Chamber of Commerce and Industry (ACCI) hosted a high-level delegation from Vietnam to strengthen economic ties and explore new opportunities for trade and investment between the UAE and Vietnam. The meeting focused on expanding cooperation across key sectors, including industry, agriculture, tourism, real estate, and construction.
The delegation, led by Ngu Yen Quang Trong, Director-General of the Regional Industry and Trade Agency at the Vietnamese Ministry of Industry and Trade, included other senior officials from Vietnam. They were welcomed by Salem Al Suwaidi, Director-General of the Ajman Chamber, and Ali Rashid Al Kaitoob, Executive Director of the Studies and Investment Development Sector at ACCI.
Al Suwaidi highlighted the growing partnership between the UAE and Vietnam, praising the efforts both nations have put into finalising a comprehensive economic partnership agreement.
This agreement aims to enhance bilateral trade and increase investment flows in key sectors such as renewable energy, services, and agriculture. He stressed that Ajman is committed to leveraging the economic strengths of both countries to drive growth, particularly in areas like industry, tourism, and real estate.
The Vietnamese delegation was introduced to Ajman’s robust economy and its supportive business environment, including the free zones that offer high-quality services and diverse investment opportunities. The meeting outlined Ajman’s commitment to providing a streamlined, business-friendly infrastructure that supports investors from Vietnam.
The talks also covered potential collaborations between business owners from both countries, with a focus on organising exhibitions, forums, and bilateral meetings. These initiatives aim to strengthen partnerships, connect investors, and foster greater economic cooperation between Ajman and Vietnam.
Ngu Yen Quang Trong provided insights into Vietnam’s economic advancements, particularly in the industrial and agricultural sectors. He highlighted the country’s ongoing efforts to integrate technology and innovation, which present vast opportunities for collaboration between the two nations.
The discussions concluded with a mutual commitment to continue fostering trade and investment partnerships, capitalising on both nations’ economic potential and shared interest in long-term growth.
