The Dubai Multi Commodities Centre (DMCC), a globally renowned free zone and government authority for trade and enterprise, has concluded its promotional tour in Vietnam, featuring events in Ho Chi Minh City and Hanoi. In line with its efforts to strengthen trade relations between the UAE and Southeast Asia, the centre announced plans to launch a new financial platform aimed at supporting trade finance, fostering innovation in financial technology (FinTech), and developing digital asset solutions within its business community of over 26,000 companies.
Following the recent establishment of a wealth centre within DMCC that caters to family offices and private capital, the new financial platform is expected to serve as a cornerstone of DMCC’s economic framework. This platform will integrate banks, FinTech companies, incubators, accelerators, and investment firms into a cohesive ecosystem designed to enhance access to capital, bridge traditional and digital financing, and bolster the UAE’s ambitions to position Dubai as a leading global financial hub.
Further details will be revealed at the upcoming Dubai Precious Metals Conference scheduled for November, marking a new chapter in DMCC’s evolution from a prominent commodities trade center to a comprehensive global destination for business, technology, and finance.
This promotional tour follows the historic signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam in October of the previous year, which led to non-oil trade between the two nations exceeding $7 billion in the first half of 2025, indicating a 16.9% increase compared to the same period last year. The CEPA, which eliminated more than 98% of tariffs, establishes a collaborative framework between the UAE and Vietnam across strategic sectors, including agricultural products, manufacturing, and technology. Given the rapid pace of cooperation, non-oil bilateral trade is projected to reach approximately $20 billion in the coming years.
Ahmad bin Sulayem, the Chief Executive Officer and Executive Chairman of DMCC, stated, “With the launch of the DMCC Wealth Centre and the historic agreement we reached with the Virtual Assets Regulatory Authority (VARA), we are progressing toward the establishment of a specialized financial hub that directly connects our member companies—over 26,000 in total—with the global financial landscape. This hub will become a key center for trade finance, FinTech innovation, and digital asset solutions both within Dubai and beyond. It will serve as the financial backbone of DMCC, uniting banks, FinTech firms, incubators, accelerators, and investment companies into a single, integrated community—reinforcing the UAE’s ambitions to solidify Dubai’s position among the world’s foremost financial centers.”
He added, “This ambition drives our global outreach efforts and supports our current promotional tour. Since the signing of the CEPA between the UAE and Vietnam last year, non-oil trade has soared to $7.02 billion in the first half of 2025, reflecting an annual increase of nearly 17%, with expectations of nearing $20 billion in coming years. With over 670 companies from Southeast Asia registered in the DMCC community—an expanding group of which is from Vietnam—we are enhancing regional trade connections and building business ecosystems that align with Vietnam’s economic drivers, from agricultural sectors like coffee and tea to supply chains in energy and advanced technologies. We aim to deepen this partnership and unlock new avenues for commercial collaboration, supporting Vietnamese companies in leveraging the agreement to expand globally from Dubai.”
This recent promotional tour reaffirmed DMCC’s commitment to supporting Vietnamese companies by facilitating their access to global markets and expanding trade and investment opportunities, bolstered by the growing economic ties following the CEPA. During this tour, 550 business leaders from Vietnam learned about the opportunities available in Dubai—particularly through DMCC—as a launchpad for global expansion, focusing discussions on promising sectors with high growth potential that are enhancing partnerships between the UAE and Vietnam, including agricultural commodities, artificial intelligence, and digital infrastructure.
Situated at the heart of Dubai’s thriving economic landscape, DMCC is home to over 26,000 companies representing 180 countries, contributing 15% of the total foreign direct investment in the emirate. The promotional campaign “Made for Trade” forms a vital part of the centre’s global program aimed at enhancing economic ties with strategic partner markets worldwide.