Strengthening Ties: The Eighth Meeting of the Việt Nam – Uzbekistan Intergovernmental Committee
On December 24, 2025, a significant gathering took place in Hanoi, marking the eighth meeting of the Việt Nam – Uzbekistan Intergovernmental Committee for Economic-Trade and Scientific-Technological Cooperation. This meeting serves as a testament to the ongoing efforts of both nations to deepen their bilateral relations, focusing particularly on economic, trade, and scientific technological collaboration.
Prioritizing Economic Collaboration
At the forefront of discussions was Deputy Minister of Industry and Trade Phan Thị Thắng, who emphasized the need for enhancing collaboration in various sectors. She highlighted the role of the Intergovernmental Committee mechanism in facilitating deeper connections between Việt Nam and Uzbekistan. This commitment to economic and scientific partnership reflects both nations’ strategic vision for mutual growth.
Acknowledging Uzbekistan’s Support
During the meeting, Uzbek Deputy Minister of Investment, Industry and Trade Ilzat Kasimov reaffirmed Uzbekistan’s commitment to viewing Việt Nam as a priority partner within the region. He stressed the importance of coordinating efforts across ministries and sectors to better leverage the economic strengths of both nations. Uzbekistan aims to create welcoming conditions for Vietnamese enterprises, demonstrating a clear intent to foster mutual investment opportunities.
Reviewing Current Cooperation
Delegates took the opportunity to assess the current state of cooperation between the two countries, evaluating strengths, challenges, and prospects across key sectors. They identified vast potential for collaboration in areas such as agriculture, agro-processing, light industry, automobile manufacturing, transport, logistics, construction, tourism, and cultural exchange. Notably, the complementary nature of their economies positions both countries to build robust supply chains, from production through to exports.
Commitment to Action
Both sides expressed a strong commitment to translating discussions into actionable projects. Agencies and enterprises from Việt Nam and Uzbekistan pledged to work closely together to realize these commitments, aiming to identify and implement concrete cooperation projects that will benefit both economies. This collective approach demonstrates an eagerness to harness bilateral opportunities actively.
Recent Trade Achievements
The economic cooperation is further illustrated by impressive trade statistics. According to the Vietnamese Department of Customs, bilateral trade reached an impressive $202 million in 2024, marking a 26.5% increase from the previous year. Việt Nam’s exports, valued at $128.61 million, saw a remarkable growth of 75%, while imports totaled $73.38 million, reflecting a decrease. These figures underline the increasing economic interdependence between the two nations.
Key Trade Dynamics
In the trade ecosystem, Uzbekistan stands as Việt Nam’s second-largest trading partner in Central Asia. Conversely, Việt Nam holds the title of Uzbekistan’s largest trading partner within the Association of Southeast Asian Nations (ASEAN). Vietnamese exports to Uzbekistan encompass a range of products, including phones, computers, machinery, and rubber. Conversely, Việt Nam imports textiles, fertilizers, and cotton from Uzbekistan, reflecting a diverse and balanced trade relationship.
Investment Landscape
Investment prospects between the two nations are promising, with Việt Nam engaging in five projects in Uzbekistan, amassing a total registered capital of approximately $4.43 million. This showcases a growing interest among Vietnamese investors in exploring the Uzbek market and fostering commercial ties.
The eighth meeting of the Intergovernmental Committee serves as a foundational step in solidifying the relationship between Việt Nam and Uzbekistan. By focusing on economic collaboration and creating favorable conditions for trade and investment, both nations are poised for a future of enhanced cooperation and shared prosperity.