Praising the UAE’s achievements with the Minister’s contributions in economic restructuring, sustainable development, diversification and digitalisation of the economy, and innovation, PM Chinh said he believed that the UAE Vision 2031, which aims to turn the UAE into a global economic hub and a successful development model for the world, will become a reality.
The leader proposed that in the coming time, the two side should strengthen cooperation and experience sharing for stronger connectivity between the two economies, creating breakthroughs for economic cooperation, promoting complementary strengths, especially in institution building, developing financial centres and enterprises, attracting talents, and increasing research and application of science and technology and innovation, while stepping up the organisation of trade and investment promotion activities, connecting enterprises, enhancing people-to-people exchanges, tourism cooperation, and opening direct flights between the two countries.
He asked the UAE to open its market more widely for Vietnam’s strong products such as agricultural and aquatic products, fresh vegetables, and processed foods, and promote cooperation and support the development of the Halal industry in Vietnam, helping to achieve the goal of 10 billion USD in two-way trade.
For his part, Al Marri highly evaluated Vietnam’s socio-economic development achievements in recent years, and expressed his impression of the country’s economic policies, especially in tax exemption and investment attraction.
He shared the UAE’s experiences in business development, investment attraction, development of economic zones and free trade zones, talent attraction, intellectual property, and visa policy, especially how to process procedures for business registration and deployment of investment projects in an exceptionally short time.
The Minister thanked PM Chinh for his support during negotiations for the CEPA, underlined that the UAE is delighted at and looks forward to the signing of this agreement with the hope of promoting cooperation to optimise the opportunities brought by the deal, thereby creating breakthroughs in economic relations between the two countries.
He said that the UAE hopes to organise a large-scale investment conference in Vietnam with the participation of leading regional and international enterprises and prestigious speakers to share experiences, promote economic cooperation and attract investment from the UAE and the world to Vietnam.
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