UAE-Vietnam economic relations discussed

DUBAI: Ways to strengthen economic cooperation and coordination between the UAE and Vietnam were discussed today by the UAE’s minister of economy Sultan Saeed Al-Mansouri and Vietnam’s ambassador Tran Ngoc Thach.

The meeting also discussed arrangements for the forthcoming meeting of the UAE-Vietnam Joint Committee.

AL Mansouri, in remarks at the meeting, said trade between the UAE and Vietnam reached AED 2.3 billion in 2011, up from AED 1.8 billion in 2010, before the first positive meeting of the Committee which bolstered economic and trade relations and established a new phase of fruitful cooperation.

He added that both coutnries have many good opportunities to promote their relations in different spheres and sectors.