The potential for further economic and trade co-operation remains huge because the two economies have complementary strengths, especially when the CEPA is signed. Vietnam, UAE enjoy growing relations over three decadesThe bilateral relationship between Vietnam and the United Arab Emirates (UAE) has flourished across fields, from politics and diplomacy to trade, investment, labour and tourism, over the last three decades since they set up diplomatic ties on August 1, 1993. The deal also promotes the UAE’s investment in Vietnam and expands cooperation opportunities to other fields such as innovation, renewable energy, investment, logistics, technology, tourism, and agriculture. The potential for economic and trade cooperation between Vietnam and the UAE still remains huge because the two economies have complementary strengths, especially when the CEPA is signed. Previously, the Drug Administration of Vietnam had granted a license to CPC1 Central Pharmaceutical Joint Stock Company to import 21,000 ampoules and these drugs have been brought to Vietnam.
