DCC Launches Vietnamese Business Council to Boost Trade and Investment Ties

Dubai Chamber of Commerce (DCC) has introduced the creation of the Vietnamese Business Council to aid in increasing bilateral trade and investments. The announcement was issued during the Vietnam–UAE Business Forum held in Dubai, organized by the Ministry of Planning and Investment of Vietnam and the Embassy of Vietnam in the UAE in partnership with Dubai Chambers.

More than 100 government and business leaders, including the Prime Minister of Vietnam and UAE Minister of State for Foreign Trade, attended the first event. Dubai Chambers' Chairman and President, along with officials, business figures, and investors from Vietnam and Dubai, were also present.

The forum discussed methods to improve economic collaboration and boost mutual investments in key industries, particularly highlighting possibilities in the green economy, digital transformation, and innovation. It led to the execution of several key memoranda of understanding (MoUs) between prominent organizations in each country.

An agreement was made between Vietnam Airlines, Etihad, and Emirates airlines to collaborate in the aviation industry; DP World and Vietnam Maritime Corporation agreed to improve Can Tho Port and inland waterways; VinGroup partnered with Benya Group, NDMC with Abu Dhabi Port to enhance data and logistics infrastructure; Vinfast and Emirates Driving Company agreed to work together on electric vehicle production; T&T Group and Golden Nile formed an agreement in finance, agriculture, and services.