Bilateral commerce builds on $12.6 billion trade in 2024 as both nations gear up for deeper cooperation under landmark agreement
The United Arab Emirates and Vietnam are set to strengthen economic ties as their bilateral trade surged 17% in the first half of 2025, according to the UAE’s Minister of State for Foreign Trade. The momentum comes as the Comprehensive Economic Partnership Agreement (CEPA) between the two nations is set to take effect, opening new avenues for collaboration.
In 2024, trade between the UAE and Vietnam reached $12.6 billion, laying a strong foundation for this year’s growth. The upcoming CEPA is expected to significantly boost trade flows, reduce barriers, and expand cooperation across sectors such as energy, logistics, technology, and agriculture.
The UAE has been actively pursuing CEPAs with key partners across Asia, Africa, and beyond as part of its broader foreign trade agenda, which aims to position the nation as a leading hub for global commerce. The agreement with Vietnam underscores this strategy while supporting Hanoi’s ambitions to diversify exports and tap into Middle Eastern markets.
“The UAE and Vietnam are preparing to enter a new chapter of economic partnership. Once CEPA comes into force, we expect to see even greater trade flows, enhanced investment opportunities, and strengthened supply chain connectivity,” the minister said.
With Vietnam emerging as one of Southeast Asia’s fastest-growing economies and the UAE serving as a key trade and logistics gateway, both countries are well-positioned to leverage CEPA to achieve sustainable growth.
The partnership also reflects a shared vision of fostering innovation-driven economies while building resilience against global trade challenges.
