Qatar and Vietnam review economic, commercial ties

Qatar and Vietnam review economic, commercial ties

Qatar Chamber board member Eng. Ali Abdullatif Al Misnad lauded the close relations between Qatar and the Socialist Republic of Vietnam in all fields, particularly in the economic and commercial spheres, noting that this is evident through the mutual visits and agreements signed between them in various fields.

This came during a meeting held at the Chamber’s venue on Thursday with a Vietnamese business delegation led by Deputy Director General for Asia & Africa at the Ministry of Industry and Trade Nguyen Phun Nam in the presence of the Ambassador of Vietnam to Qatar, H E Tran Duc Hung and a crowd of businessmen from both sides.

The meeting touched on reviewing the economic and commercial relations between both countries and exploring the cooperation vistas between the Qatari Vietnamese private sectors and the investment opportunities available in both sides.

As for the two countries’ bilateral trade, Al Misnad said it reached QR2bn last year, compared to QR1.5bn in 2021, registering a 32 percent growth.

Regarding mutual investments, he stressed that the two countries’ investment cooperation witnessed significant development in recent years and there are a number of investments in various sectors such as healthcare and pharmaceuticals. He also emphasised the leading role that can