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Viet Nam has been facilitating favorable investment and business environment for Qatari enterprises
Author: Hòa Duy Võ Updated: 04/11/2024 Views: 1

During the official visit to the State of Qatar, on the afternoon of October 31, in the capital city of Doha, Prime Minister Pham Minh Chinh received a Qatari business delegation led by Sheikh Faisal bin Qassim Al Thani, Chairman of the Association and Chairman of Al Faisal Holding Group.


The leaders of the two sides agreed on many important issues, especially agreeing to strengthen cooperation in all fields, in which economic, trade and investment cooperation is a pillar. The two sides agreed to negotiate to soon sign a Free Trade Agreement; Intergovernmental Agreement related to visa policy, investment, import and export, etc. The two countries have played a constructive role, the specific development of economic relations between the two countries is carried out by the enterprises of the two countries, with specific cooperation projects.

Prime Minister Pham Minh Chinh said that Viet Nam prioritizes attracting investment in areas where Qatari enterprises have strengths such as oil and gas, energy, especially LNG electricity, nuclear power; digital transformation, especially emerging industries such as databases, telecommunications infrastructure, artificial intelligence, cloud computing, Internet of Things, innovation; real estate projects such as industrial park infrastructure; urban areas, housing; trade, retail services, tourism; Large-scale infrastructure projects include highways, airports, ports, high-speed railways, urban railways, etc.

The meeting between the two leaders

Proposing Qatari enterprises to invest in Viet Nam with large-scale projects, technology transfer, human resource training, and connecting Vietnamese enterprises' supply chains with foreign countries, Prime Minister Pham Minh Chinh said that Vietnam ensures to create a favorable investment and business environment; ensure the legitimate rights and interests of enterprises investing in Viet Nam; complete hard infrastructure, soft infrastructure, social infrastructure, etc. so that investors can reduce input costs and increase the competitiveness of goods.

Along with that, Viet Nam continues to perfect the institutional system, policy mechanisms in a transparent and open direction; reduce administrative procedures to reduce compliance costs; ensure equal business in the spirit of "harmonized benefits, shared risks", "harmonized interests of the State, people, and enterprises".

Viet Nam is focusing on training high-quality human resources to meet the investment, production and business requirements of enterprises, especially maintaining political stability and social order and safety so that investors can feel secure in long-term investment in Vietnam.

Providing a list of priority projects calling for investment from Viet Nam to the Qatari business community, Prime Minister Pham Minh Chinh said that the two sides need to organize a Vietnam - Qatar Business Forum in Viet Nam or Qatar to connect businesses of the two countries; explore investment and business opportunities; negotiate to have specific cooperation and investment projects.

Chairman of the Qatar Business Association Sheikh Faisal bin Qassim Al Thani said that through surveys, research and the experience of a number of businesses in Vietnam, Qatar sees that Vietnam has great potential for investment cooperation.

In particular, with the listening, support and facilitation from the government, Qatari businesses can fully promote investment and business cooperation in Vietnam; at the same time, bring more Vietnamese goods to the Qatar market.

Thanking and agreeing with Prime Minister Pham Minh Chinh's opinion; welcoming the early organization of the Viet Nam - Qatar business forum, the Chairman of the Qatar Business Association said that with a strong team of businesses in many fields such as energy, manufacturing, agriculture, tourism, etc., the Association will sign a memorandum of understanding (MOU) with the Vietnamese side to gradually implement the Prime Minister's opinions

According to the Communist Party of Viet Nam Online Newspaper


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