The Dubai International Chamber has played a pivotal role in supporting VinFast Trading and Production Joint Stock Company, a pioneering electric vehicle manufacturer from Vietnam, in establishing its regional headquarters in Dubai.
Dubai International Chamber Supports VinFast's Regional Headquarters
This strategic move represents a significant milestone in VinFast's global expansion strategy and underscores the chamber's integral contribution to advancing the objectives outlined in the Dubai Economic Agenda (D33).
Facilitated by the chamber, VinFast received crucial introductions and held meetings with key stakeholders, including government entities, potential dealership partners, and distributors. These initiatives have greatly facilitated VinFast's market entry and operational setup in the Middle East region.
Salem Al Shamsi, Vice President of Global Markets at Dubai Chambers, highlighted Dubai's status as a premier global business hub, attributing this to its conducive business environment and various competitive advantages that attract investors and entrepreneurs alike. He emphasized the chamber's ongoing commitment to attracting international companies and investors, ensuring they can harness the abundant opportunities available in Dubai while leveraging the city as a strategic gateway to penetrate regional and global markets.
Ta Xuan Hien, CEO of VinFast Middle East, underscored the importance of close collaboration with the Dubai International Chamber and esteemed regional partners in swiftly establishing VinFast's foothold in the Middle East. This collaborative effort is expected to play a pivotal role in positioning VinFast strategically within the regional market.
Global Reach and Economic Agenda
Currently, the Dubai International Chamber operates 31 international offices, strategically positioned to facilitate foreign direct investments and support the expansion endeavors of Dubai-based companies. These initiatives are aligned with the objectives outlined in the Dubai Economic Agenda (D33) and the chamber's strategic priorities, aimed at enhancing Dubai's economic landscape and fostering sustainable growth.
Through these collaborative efforts and strategic initiatives, the Dubai International Chamber continues to play a pivotal role in bolstering Dubai's position as a global business and investment hub, fostering innovation, and driving economic diversification in the region. The establishment of VinFast's regional headquarters in Dubai underscores the city's attractiveness as a preferred destination for international businesses looking to capitalize on its strategic location, robust infrastructure, and supportive business ecosystem.