Hanoi (VNA) - The Ministry of Industry and Trade has called on domestic logistics businesses to join a delegation to the United Arab Emirates (UAE) and Qatar from April 6-14.
The mission aims to enhance logistics cooperation between Vietnam and the Middle East, as part of the national action plan to strengthen Vietnam’s logistics competitiveness.
The delegation will be led by a senior representative from the Agency of Foreign Trade and will consist of 20 to 25 participants, including those from logistics associations and businesses, and enterprises involved in import and export operations across Vietnam.
It is scheduled visit Qatar from April 6-8. From April 9 to 10, the delegation will be in Abu Dhabi, where they will participate in a seminar on logistics cooperation potential between Vietnam and the UAE. The event will also include business-to-business (B2B) meetings, allowing companies from both sides to establish direct contacts.
From April 10-13, the delegation will visit Dubai. While there, they will meet with local authorities and representatives of trade associations, and logistics businesses. They will also conduct site visits to logistics infrastructure, seaports, and free trade zones.
The Agency for Foreign Trade noted that the Middle East represents a highly promising logistics market, offering increasing opportunities for enhanced cooperation, especially as Vietnam accelerates its integration into global supply chains. The Middle East’s logistics market was estimated at 163.6 billion USD in 2024 and is projected to reach 222.6 billion USD by 2029, with a compound annual growth rate (CAGR) of over 6.36% in the 2024-2029 period.
Thanks to its strategic location, Vietnam has the potential to become a vital transshipment hub linking Asia and the Middle East. Partnerships with major logistics players in the region such as Abu Dhabi Ports Group, DP World, and Qatar Free Zones will enhance supply chain efficiency, not only within the Middle East but also between Vietnam and the broader Middle East-North Africa region.
Furthermore, the Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the UAE presents a valuable opportunity for businesses on both sides to strengthen trade, investment, and logistics cooperation in the near future.
In recent years, the agency has organised numerous delegations to connect Vietnamese logistics providers with international partners in Cambodia, Singapore, Germany, the Netherlands, Japan, the Republic of Korea, and Taiwan (China).
For participating businesses, the visit will offer them a valuable platform to engage directly with potential partners, explore market trends, and gain first-hand insights into the business environment in Qatar and the UAE. It also provides a forum for companies to exchange experiences, develop collaborative strategies, and identify opportunities to enhance operational efficiency and promote sustainable growth./.
Korean logistics project gets underway in Hai Phong
Chief Financial Officer of Jeil Group Kim Eun-sook said the Jeil Logistics 1 project will provide a logistics warehouse, as well as a core infrastructure in the supply chain and distribution sector in Vietnam.
