The UAE will host Expo 2020!
  • Arabic
Supported by the UAE National Media Council
We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

Lubna calls for greater Emirati-Vietnamese cooperation

posted on 06/09/2007: 624 views


Hanoi - H.E. Sheikha Lubna Al Qasimi, the UAE Minister of Economy, has called for greater cooperation and strengthening of bilateral ties between Vietnam and UAE, during her official visit to the Southeast Asian country on Tuesday.

Addressing a gathering of Vietnamese businessmen hosted by the Vietnam Chamber of Commerce and Industry, H.E. Sheikha Lubna said, "The UAE is keen to strengthen its economic ties with Vietnam, and a major step in this direction would be to seek mutual investment opportunities, increase trade exchange and establish joint projects leveraging the competitive advantages of both countries." "The UAE and Vietnam had signed an agreement in 1999 aimed at greater economic and technological cooperation, and we wish to take this relationship to another level by working closely in several key areas such as healthcare, infrastructure, trade, investment and tourism, to bring maximum benefits to the people of both countries," she added.

The UAE Ministry of Economy figures show that in 2006, the value of trade between UAE and Vietnam was more than US$165 million, representing a 46 per cent growth over the previous four years.

She emphasised on aspects such as the investor-friendly laws, favourable geographical location, the tax-free environment, high quality of infrastructure facilities, availability of skilled labour, the political stability and a highly supportive government.

The UAE ranks number one among Gulf countries and the Middle East in attracting foreign direct investments, according to the report published by the United Nations Conference on Trade and Development (UNCTAD). In 2006, the UAE attracted about 5.8 million tourists and drew 60 per cent of the foreign investments that entered the GCC countries.

"We are confident that the Vietnamese business community will recognise the full potential of the UAE and make the most of the opportunities that the country has to offer in various sectors such as construction, food manufacturing, oil and gas, IT, marine industry, healthcare, mining, hospitality and tourism. This visit, I believe, will mark the beginning of a new chapter in UAE-Vietnam relations," concluded Sheikha Lubna. (Emirates News Agency, WAM)

RELATED ARTICLES

29 June 2017 Mohamed bin Zayed gets phone call from Bill Gates
22 June 2017 Mohamed bin Zayed, Serbian President discuss bilateral ties of friendship, cooperation
22 June 2017 Mohamed bin Zayed holds talks with French President
22 June 2017 Abu Dhabi Crown Prince, French FM discuss strengthening relations
14 June 2017 Mohamed bin Zayed and President of Russia discuss regional development, efforts to combat terrorism


Most Read