THE HANOI TIMES — Permanent Deputy Prime Minister Nguyen Hoa Binh is paying official visits to the United Arab Emirates (UAE) and Germany from September 23, seeking to boost trade, investment and innovation with key partners in the Middle East and Europe.

The UAE is Vietnam’s largest trading partner in the Middle East. Bilateral trade reached US$6.5 billion in 2024, reflecting increasingly practical and effective cooperation.

During the trip, Deputy Prime Minister Binh is scheduled to meet the UAE's Minister of Finance and senior officials, as well as attend business forums to expand opportunities in trade, investment and finance.

Germany, regarded as the economic powerhouse of the European Union, is one of Vietnam’s most important partners in Europe. Two-way trade hit $6.7 billion in the first half of 2025, up 18% year-on-year.

Germany now has 490 investment projects in Vietnam with registered capital of $2.8 billion, while Vietnam has 43 projects in Germany totaling more than $250 million.

In Germany, the deputy prime minister is expected to meet the Vice President of the Bundestag, the Minister of Energy and business leaders in Frankfurt. He will also hold talks with scholars and the Vietnamese community in Germany to strengthen people-to-people exchanges.

Observers say the visits underline Vietnam’s determination to deepen relations with both Middle Eastern and European partners. Expanding cooperation in key areas such as trade, energy and innovation is seen as essential for sustaining growth.

The trip will also open doors for businesses to tap new opportunities and reinforce political trust, building a more comprehensive and resilient partnership framework.