Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan expressed his city’s wish to boost economic links with UAE localities while receiving Undersecretary of the UAE Ministry of Economy Abdullah Al Saleh on October 17.
Vice Chairman of the HCM City People’s Committee Vo Van Hoan (L) presents a gift to Undersecretary of the UAE Ministry of Economy Abdullah Al Saleh at the meeting on October 17 (Photo: VNA)
HCM City (VNA) – Vice Chairman of the Ho Chi MinhCity People’s Committee Vo Van Hoan expressed his city’s wish to boost economiclinks with UAE localities while receiving Undersecretary of the UAE Ministry ofEconomy Abdullah Al Saleh on October 17.
Highlighting the progress in Vietnam-UAErelations, the host official said HCM City is an economic, cultural,educational and scientific – technological hub in southern Vietnam, and alsothe core of the southern key economic region. It also boasts a favourablelocation for air, rail, road and sea transportation, which is conducive toeconomic and trade partnerships.
Therefore, the city is ready to cooperate withother countries for common development, he noted.
Hoan said leaders of HCM City have made workingvisits to the UAE, a navigation and aviation hub of the world and also aleading economy in the Arabian region, and realised that both sides hold hugecooperation potential.
HCM City wishes to develop ties with localitiesof the UAE, particularly in economy, the Vice Chairman said, adding that manyinvestors from the country have also invested in his city.
Briefing his host about the working trip by theUAE Ministry of Economy’s delegation, Abdullah Al Saleh said the Vietnam-UAEtrade and investment forum was successful with the participation of manybusinesses and investors from both sides.
He said he hopes Vietnam will build a portal onits investment policies so as to further help UAE businesses learn about thelocal investment climate and make investment in the country, including HCMCity.
The undersecretary asked for an optimal visapolicy to attract more UAE tourists and investors to Vietnam, thereby promotingbilateral investment. He also suggested Vietnam open an investment promotioncentre in his country to assist Vietnamese firms to make investment, dobusiness and export goods to the UAE./.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong had a meeting on July 4 with Ambassador of the United Arab Emirates (UAE) to Vietnam Obaid Saeed Al Dhaheri to discuss cooperation opportunities between the two sides, especially in economy.
Vietnam and the United Arab Emirates (UAE) are determined to work to raise bilateral trade to 10 billion USD, agreeing to soon devise a master plan of action, exchange high-level visits, organize more business trips, and more, for the goal.
Minister of Industry and Trade Tran Tuan Anh affirmed Vietnam’s wish to promote the friendship and economic, trade and investment ties with the UAE while addressing a business forum between the two countries in Hanoi on October 15.
The Vietnamese Government stands ready to create all possible conditions for foreign investors, including those from the United Arab Emirates (UAE), Deputy Prime Minister Trinh Dinh Dung told UAE Minister of Economy Sheikh Sultan Bin Saeed Al Mansouri in Hanoi on October 15.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.