The Vietnam–Qatar Economic Cooperation Forum also has the participation of Minister of Qatar Economy and Commerce - Sheikh Ahmed Bin Mohamed Bin Jasim Al-Thani, Vice Chairman of the Chamber of Commerce and Industry of Qatar Mohamed bin Tawar Al Kuwari Admed, representatives of ministries and some Vietnam local leaders of Vietnam, and hundreds of Vietnam and Qatar enterprises, diplomatic representative in Qatar.
Speaking at the forum, the Deputy Prime Minister Nguyen Xuan Phuc confirmed that Vietnam and Qatar have many similarities in terms of natural conditions and history of struggle for national independence, nation development.
Deputy Prime Minister Nguyen Xuan Phuc has introduced with the Qatar business community about Vietnam political, social and macroeconomic stability, and positive integration into the regional economy and the world.
Deputy Prime Minister said Vietnam is strongly promoting economic restructuring and transformation of growth model, reviewing, amending the legal system, legislation aimed at perfecting the market economy institution, including a series of important documents such as the Investment Law, Business Law, Decree on the model of public-private partnership (PPP).
Deputy Prime Minister Nguyen Xuan Phuc assessed that Vietnam will equitize more 430 enterprises, including groups, big corporations from now until 2015.
In the future, with the formation of an ASEAN Community 2015, Vietnam will not only be an important gateway of the Mekong sub-region, but also as a bridge linking ASEAN economies in the unified economy, being the good opportunity to promote business cooperation between ASEAN countries and the Middle East.
Along with its WTO commitments and 14 Free Trade Agreement (FTA), Vietnam will be an important point of huge economic connection network with 55 countries , creating a great opportunity, the favorable environment for foreign businesses to invest in Vietnam.
Speaking at the forum, Minister of Qatar’s Economy and Commerce committed Vietnam to enhancing bilateral trade turnover to 1 billion USD in the coming years and showed economic relations with Vietnam in the steadily investment development of Qatar, especially in the petrochemical industry.
Currently, Qatar has invested 4.5 billion in the Long Son petrochemical and also expanded the real estate investment. The Minister said Qatar’s economy is very diversified and not rely strongly on oil and gas.
Nowadays, the bilateral trade relations mainly focused on the field of oil and gas. Vietnam supplies mainly wood and agricultural products to Qatar.
Minister Mohamed Al-Thani also expressed that the demand of strongly investment in infrastructure projects will make an opportunity for construction businesses and Vietnam manpower suppliers when Qatar wins the right to host the World Cup in 2022 leading to construction boom in there.
Economic Cooperation Forum Vietnam-Qatar is also a good opportunity for Vietnam and Qatar enterprises to establish relations, strengthen the connection.
Some businesses, Qatar leading corporations such as Amaco Petroleum Corporation, Alhashemi group, Distribution Group and Retail Grand Mart,etc have come to the respective businesses of Vietnam.
These companies really concerned to do business with Vietnam as the purchase of agricultural products including rice, cashew, pepper ... or cooperation highways projects, real Estate in Vietnam as well as in Qatar, especially when Qatar is expected to invest remarkably in the infrastructure development to prepare to host the 2022 World Cup.
In the Vietnam-Qatar Economic Cooperation Forum, the Chamber of Vietnam Commerce and Industry and the Chamber of Qatar Commerce and Industry have signed a cooperation memorandum between the Chamber of Vietnam-Qatar.
In the framework of the event, Gala Dinner with impressively art performances has introduced the characteristics of traditional culture and cuisine of Vietnam. Minister of Culture, Arts and Heritage of Qatar, Hamad bin Abdul Aziz Dr. Al Kuwairi attended appreciate the quality of the Gala Dinner program.
Gala Dinner got positively the participation of the diplomatic corporation, including ambassadors from many countries such as China, Indonesia, Moldova, Kazakhstan ... and Vietnamese community in Qatar. Space of gallery and the National Vietnam stamps also helped the participants in this forum have experience/ view of Vietnam country and people.
On the sidelines of the forum, with the support of the Ministry of Foreign Affairs, Vietnam Oil and Gas Corporation held a successful meeting of potential partners (B2B) with the number of participants exceeded expected. Many big corporations of Qatar attended and expressed interest in promoting investment cooperation in specific fields.
The great achievement of Vietnam-Qatar Economic Cooperation Forum and Vietnam Days in Qatar 2014 paved the way for the further promotion of investment activities and economic cooperation between Vietnam and Qatar, contributing to further strengthen mutual understanding between the people of Vietnam and Qatar.