Sharjah, UAE – The Sharjah Chamber of Commerce and Industry discussed with the Embassy of the Socialist Republic of Vietnam in the UAE ways to enhance economic cooperation and develop trade relations. The two sides also discussed initiatives to expand partnerships between the private sectors and open new horizons for the business communities in both countries.
Joint Business Forum
During the meeting, both sides agreed on the importance of organizing a joint business forum this year to promote trade and investment. They also agreed to establish a platform that would bring together business leaders from both sides to explore investment opportunities and build sustainable strategic partnerships.
Strengthening economic cooperation
The two sides discussed mechanisms for strengthening economic and trade relations, focusing on developing cooperation across various sectors. They also agreed to organize economic events such as exhibitions and conferences. This will contribute to enhancing the exchange of expertise and knowledge and supporting the growth of joint investments.
Furthermore, the two sides reviewed the importance of leveraging the Comprehensive Economic Partnership Agreement between the UAE and Vietnam. This will contribute to strengthening the role of the private sector and increasing the volume of trade between the two countries.
growth of trade exchange
The Sharjah Chamber of Commerce and Industry affirmed that economic relations between the two countries are witnessing remarkable growth. Vietnam is the UAE’s largest non-oil trading partner within the ASEAN region. The Chamber also noted that the volume of trade exchange reached approximately $16.05 billion in 2025, representing a 27.4% increase compared to 2024.
For its part, the Vietnamese side expressed its appreciation for the Sharjah Chamber’s efforts in strengthening cooperation with the Vietnamese business community. It emphasized its country’s keenness to develop and elevate its economic partnership with the UAE to broader levels, particularly in promising investment sectors.
