Tuesday, April 20 2021


Dubai firms interested in variety of sectors in VN

Update: December, 15/2018 - 09:00
SAPA Thale Group’s chairman, Vietnamese-German billionaire Mai Vũ Minh and the Dubai Investment Development Agency’s CEO Fahad Al Gergawi, Beaufort Global’s CEO Rene Bernad Beil and Milcon Gulf’s representative Giang Lý Liên Khang sign the Bilateral Investment Cooperation deal in HCM City on December 11. — VNA/VNS Photo
Viet Nam News

HÀ NỘI — Dubai companies expressed interest in investing in many sectors in Việt Nam at a meeting with the Ministry of Planning and Investment in Hà Nội on Thursday.

The ministry received a business delegation under the “Bilateral Investment Cooperation Programme” comprising the office-bearers of the World Association of Investment Promotion Agencies (WAIPA) and the Dubai Investment Development Agency (Dubai FDI) and executives from SAPA Thale Group, Beaufort Global and the Milcon Gulf Group.

At the meeting, the visitors presented their plans to invest in finance-banking, technology, infrastructure, environment-energy, transport, real estate-hotels, and tourism in Việt Nam.

Deputy Minister of Planning and Investment Vũ Đại Thắng said he believed the "Bilateral Investment Cooperation Programme" by SAPA Thale Group, Dubai FDI, Beaufort Global, and the Milcon Gulf Group would succeed and significantly contribute to the development of Việt Nam and Dubai.

SAPA Thale Group’s chairman, Vietnamese-German billionaire Mai Vũ Minh, said: "We will do our best to enable Dubai businesses and UAE enterprises in general to enhance investment in Việt Nam in the future. The Bilateral Investment Cooperation Programme is a pre-requisite for Vietnamese businesses to attract more investment from Dubai as well as the Middle East.”

SAPA Thale Group, a finance and investment business with operations in Germany, Việt Nam and many other countries, Dubai FDI, Beaufort Global and the Milcon Gulf Group set up the programme recently in HCM City.

There is a huge potential for investment and cooperation between Vietnamese and Dubai enterprises.

Bilateral trade between Việt Nam and Dubai is expected to reach US$10 billion this year and $15 billion by 2025. — VNS




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