Non-oil trade between the United Arab Emirates and Vietnam reached USD 7.02 billion in the first half of 2025, marking a 16.9 per cent increase compared with the same period last year, the UAE’s Minister of Foreign Trade announced on Friday.
This growth follows USD 12.6 billion in bilateral trade during 2024, which represented a 4 per cent rise over the previous year and a 54.3 per cent increase since 2019. Vietnam continues to be the UAE’s leading non-oil trading partner within the ASEAN bloc.
UAE Minister of Foreign Trade, Dr Thani Al Zeyoudi, informed the Vietnam Business Council in Abu Dhabi that both nations are preparing to deepen cooperation once the Comprehensive Economic Partnership Agreement (CEPA), signed in October 2024, is implemented.
“By lowering tariffs, eliminating trade barriers and streamlining customs procedures, we are laying the foundation for sustained growth and stronger prosperity,” Al Zeyoudi stated.
“We are already witnessing the positive results of close collaboration,” he added.
The minister highlighted that the UAE has already invested in Vietnamese logistics projects, such as the Saigon Premier Container Terminal in Ho Chi Minh City and new cargo services across the Mekong Delta, and plans to expand such initiatives further.
Additionally, the UAE has finalised CEPAs with Indonesia, Cambodia and Malaysia. Its non-oil trade with ASEAN countries stood at USD 37.7 billion in 2024, reflecting a 4.2 per cent increase over 2023 and a 16.8 per cent rise compared with 2022, accounting for 4.6 per cent of the UAE’s total non-oil trade.
