>The agreement is designed to eliminate or significantly reduce barriers to trade, enhance regulatory cooperation, and create more predictable conditions for businesses operating in both markets.
>A central pillar of the CEPA is tariff liberalization. Under the agreement:
More than 90 percent of UAE exports to Vietnam will benefit from eliminated or substantially reduced tariffs, covering 99 percent of the total value of Emirati exports; and
>Vietnam will see tariff reductions on 95 percent of its product categories exported to the UAE, likewise covering 99 percent of the total value of these imports.
>Bilateral trade between the UAE and Vietnam has recorded strong momentum over the past two years, providing a solid foundation for the implementation of the CEPA. Non-oil trade reached US$12.6 billion in 2024, reflecting steady growth despite global economic uncertainty. This upward trajectory accelerated sharply in 2025, with bilateral trade surpassing US$16.05 billion, representing year-on-year growth of approximately 27.4 percent.
Excellent news! This will further strengthen Vietnam as a manufacturing power!
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>The agreement is designed to eliminate or significantly reduce barriers to trade, enhance regulatory cooperation, and create more predictable conditions for businesses operating in both markets.
>A central pillar of the CEPA is tariff liberalization. Under the agreement:
More than 90 percent of UAE exports to Vietnam will benefit from eliminated or substantially reduced tariffs, covering 99 percent of the total value of Emirati exports; and
>Vietnam will see tariff reductions on 95 percent of its product categories exported to the UAE, likewise covering 99 percent of the total value of these imports.
>Bilateral trade between the UAE and Vietnam has recorded strong momentum over the past two years, providing a solid foundation for the implementation of the CEPA. Non-oil trade reached US$12.6 billion in 2024, reflecting steady growth despite global economic uncertainty. This upward trajectory accelerated sharply in 2025, with bilateral trade surpassing US$16.05 billion, representing year-on-year growth of approximately 27.4 percent.
Excellent news! This will further strengthen Vietnam as a manufacturing power!