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Ministry hosts UAE firm seeking business opportunities in Việt Nam
Minister of Industry and Trade Nguyễn Hồng Diên had a working session with leaders of Sirius International Holding of the UAE in Hà Nội on Tuesday to discuss business and investment cooperation opportunities in Việt Nam.
Minister of Industry and Trade Nguyễn Hồng Diên (fifth from right), other Vietnamese officials, and representatives of Sirius International Holding at the meeting in Hà Nội on December 19. — Photo moit.gov.vn
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Akshay Kumar Mahajan, director for investment at Sirius International Holding – an Abu Dhabi-based subsidiary focusing on digital transformation of International Holding Company (IHC), said that within the framework of the recent 28th United Nations Climate Change Conference (COP28) in the UAE, leaders of his company had a meeting with Vietnamese Prime Minister Phạm Minh Chính.
This visit to Việt Nam by a delegation of Sirius International Holding shows the firm’s wish to promote substantive cooperation with Vietnamese partners in such potential fields as developing smart grids, carbon credit trading ecosystem and infrastructure, e-commerce, and cryptocurrency, he noted.
Minister Diên said Việt Nam has been deeply integrating into the world via 16 bilateral and regional free trade agreements, and it is accelerating the negotiation on and signing of a comprehensive economic partnership agreement with the UAE.
He also provided more information about Việt Nam’s commitment to achieving net zero emissions by 2050, the development of the energy sector and carbon credit trading, and e-commerce growth.
Việt Nam and the UAE have agreed on the content of the comprehensive economic partnership agreement and plan to sign this deal in early 2024, he said, adding that the agreement is expected to help foster UAE business investment in the Southeast Asian country.
Minister Diên invited Sirius International Holding to work with Vietnamese firms in the fields it is interested in to tap into cooperation opportunities to be generated by the coming agreement.
Akshay Kumar Mahajan expressed his hope to soon find potential partners in Việt Nam.
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