Vietnam and UAE Deepen Cooperation on International Financial Centre Development

Abu dhabi: Deputy Prime Minister Nguyen Hoa Binh met with top UAE officials, including ADGM Chairman Ahmed Jasim Al Zaabi, to discuss strengthening bilateral investment ties and developing Vietnam’s international financial centre (IFC). During his ongoing official visit to the United Arab Emirates (UAE), Binh had a meeting with UAE Minister of Investment and Managing Director and Group CEO of ADQ Mohamed Hassan Al Suwaidi in Abu Dhabi.

According to Vietnam News Agency, the discussions focused on enhancing cooperation between the two nations in the financial sector. The meeting highlighted the mutual benefits and opportunities that the development of an international financial centre could bring to both countries. The collaboration aims to leverage UAE’s expertise in financial services to assist Vietnam in its efforts to establish a robust financial hub.

The talks underscored the commitment of both nations to foster a strategic partnership in investment, with particular emphasis on the financial industry. By sharing knowledge and resources, Vietnam and the UAE seek to create a sustainable and prosperous economic environment that will contribute to the global financial landscape.

The ongoing collaboration between Vietnam and the UAE signifies a significant step toward solidifying their bilateral relations, with potential long-term impacts on regional and international financial markets. This partnership reflects a shared vision of growth and prosperity, positioning both countries as key players in the global economy.