Qatar, Vietnam chambers discuss enhancing commercial relations
Qatar Chamber first vice-chairman Mohamed bin Towar al-Kuwari recently met with Vietnam Chamber of Commerce and Industry vice-president Vo Tan Thanh during a meeting in Doha.
The meeting, held in the presence of Truong Thi Bich Ngoc, deputy general manager, discussed commercial and economic relations and explored ways to develop them, including the investment climate, opportunities for the private sectors, and means to encourage Qatari investors to invest in various sectors in Vietnam.
Al-Kuwari highlighted the strong relations between the two countries, noting the multitude of opportunities for cooperation and partnership between the Qatari private sector and its Vietnamese counterpart.
He affirmed the Chamber’s support for Qatari investors to explore opportunities in Vietnam and encouraged the Vietnamese side to invest in Qatar, which offers a wide range of opportunities across various sectors.
Thanh also highlighted the strong relations between both countries, though he noted that trade exchange “remains below expectations.” He identified several sectors that are ideal for private sector co-operation, including infrastructure, food security, renewable energy, IT, and energy.
“Vietnam can export high-quality food products, halal foods, garments, and electronics to Qatar,” Thanh said and invited Qatari business owners to visit Vietnam to better understand its investment climate and incentives for foreign investors.
He also noted that both chambers signed a Memorandum of Understanding (MoU) in 2014 to strengthen cooperation between their business sectors and emphasised the importance of exchanging business visits to explore available opportunities.