At a recent meeting in Lusail, Mohamed bin Ahmed bin Twar Al Kuwari, the First Vice Chairman of Qatar Chamber, engaged in discussions with Nguyen Huy Hiep, the Vietnamese Ambassador to Qatar, focusing on bolstering economic and trade relations between Qatar and Vietnam. The dialogue aimed at fostering closer ties between the private sectors of both nations, with an emphasis on identifying new investment opportunities and key areas for future collaboration.
Al Kuwari expressed the Qatar Chamber’s commitment to enhancing partnerships and supporting joint investment ventures between Qatari and Vietnamese businesses. He commended Vietnam’s robust economic growth and emphasized the potential for mutual benefits through strengthened cooperation. Meanwhile, Ambassador Hiep underscored Vietnam’s keen interest in expanding economic ties with Qatar, highlighting that bilateral trade reached over $860 million in 2024, which represents an increase of $100 million compared to the previous year.
The ambassador urged Qatari investors to explore prospects in Vietnam, particularly in the sectors of agriculture, food processing, and halal products. He pointed out the crucial role of Qatar Chamber in promoting Vietnamese agricultural and halal goods within the Qatari market. This strategic push aims to diversify and enhance the trade dynamics between the two countries.
In a bid to further these efforts, Ambassador Hiep extended an invitation to Qatar Chamber and Qatari business leaders to attend the Vietnam International Sourcing Expo 2026. Scheduled to take place in Ho Chi Minh City next September, this annual exhibition serves as a significant global trade platform. It focuses on sourcing, exports, and supply chain cooperation, drawing international companies and industry leaders from various sectors, including food and beverages, textiles, furniture, consumer goods, agriculture, and logistics.