Local businesses sign cooperative agreements with the World Logistics Passport (WLP) - a global initiative led by the UAE and designed to smooth the flow of global trade.
The United Arab Emirates (UAE) is one of Vietnam’s 10 largest export partners in the world and its largest trading partner in the Middle East and Africa. Vietnam continually posts a trade surplus with the country, and the Vietnam Trade Office in the UAE has forecast that two-way trade turnover will reach $5 billion this year.