Sheikh Saud bin Saqr Al Qasimi congratulated Vietnam on its development achievements, and expressed his hope for stronger cooperation between the Emirate and Vietnam.
The host said he will assign agencies of Ras Al Khaimah to step up cooperation with Vietnam in all fields, pledging to facilitate the operations of Vietnamese investors, especially in the Emirate’s special economic zones.
Xuan said Vietnam and the UAE boast potential to strengthen their collaboration in the time ahead.
The two sides agreed to consider establishing cooperative ties between Ras Al Khaimah and Vietnamese localities, coordinate in organising cultural activities and people-to-people exchanges, step up tourism promotion, share experience in preserving historical relic sites, and cooperate in education.
The Vice President suggested relevant agencies of the two sides continue completing important legal frameworks and mechanisms such as the comprehensive economic partnership agreement (CEPA), and soon establish a Vietnam-UAE business council to enhance links between Vietnamese enterprises and those of the UEA and Ras Al Khaimah in particular.
On May 4, Xuan had a meeting with the UAE’s Minister of Economy Abdulla Bin Touq Al Marri, who spoke highly of the Vietnamese Vice President’s speech at the Global Summit of Women 2023, which took place in Dubai earlier the same day.
The UAE always keeps a close watch on developments of the Vietnamese economy, the minister said, informing that the UAE will soon send a delegation to Vietnam to seek cooperation opportunities in the Southeast Asian nation.
He also urged the two sides to push ahead with negotiations of the CEPA to create breakthroughs for their economic cooperation.
Xuan affirmed that Vietnam stands ready to create favourable conditions for foreign firms, including those from the UAE, to seek investment opportunities in the country.
She suggested the two sides soon organise the fifth meeting of the Vietnam-UAE Inter-Governmental Committee.
During her stay in the UAE, Xuan also met with the President and CEO of Dubai Chambers, one of the largest economic development arms in Dubai, and CEO of Elite Agro – the UEA’s leading company in agriculture.