Vietnam seeks Qatari tourism investment

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Qatar Airways recently increased the number of direct flights to Vietnam.

In an aim to attract more tourists from the GCC and to improve its own tourism infrastructure, Vietnam is seeking more tourism investment from Qatar, according to Nguyen Quy Phuong, director general of travel industry management department at the Vietnamese Ministry of Culture, Sports and Tourism.

Phuong spoke at the 8th International Travel Expo (ITE) in Ho Chi Minh City held from September 13 to 15 that has the main target of promoting tourism in Cambodia, Laos, Myanmar and Vietnam.

“A number of Qatari projects are currently under preparation in Vietnam, which plan to make investments into Vietnam’s tourism sector, including construction of tourist complexes,” Phuong said.

Vietnam has received a number of high-ranking delegations from Qatar in the past, with Qatar showing interest in investing into several sectors of the Southeast Asian country’s economy.

“The first official visit of the Emir Shaikh Hamad bin Khalifa Al Thani to Vietnam in mid-January 2012 has brought the bilateral relationships to new heights, vigorously pushing up them in many fields,” the Vietnamese ambassador to Qatar, Le Hong Phan, said in a speech at a recent reception in Qatar to celebrate Vietnam’s 67th National Day.

A number of Memoranda of Understanding between Qatar and Vietnam have been signed since, he added.

Phan  said that potential cooperation between Qatari businesses and their Vietnamese counterparts had been made easier because of the daily Qatar Airways flights from Doha to Ho Chi Minh City and Hanoi.

He  welcomed Qataris to invest in Vietnam not only in tourism, but also in  real estate, trade, agriculture and education.

Qatari Diar Real Estate is already undertaking various real estate development projects in joint ventures with local governments in Vietnam, including residential and commercial projects and hotels.

During the Emir’s visit to Vietnam, Qatar Petroleum and Petro Vietnam had signed an agreement to build a $4 billion petrochemical complex in southern Vietnam.

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Reading Time: 2 minutes

Qatar Airways recently increased the number of direct flights to Vietnam.

In an aim to attract more tourists from the GCC and to improve its own tourism infrastructure, Vietnam is seeking more tourism investment from Qatar, according to Nguyen Quy Phuong, director general of travel industry management department at the Vietnamese Ministry of Culture, Sports and Tourism.

Reading Time: 2 minutes

Qatar Airways recently increased the number of direct flights to Vietnam.

In an aim to attract more tourists from the GCC and to improve its own tourism infrastructure, Vietnam is seeking more tourism investment from Qatar, according to Nguyen Quy Phuong, director general of travel industry management department at the Vietnamese Ministry of Culture, Sports and Tourism.

Phuong spoke at the 8th International Travel Expo (ITE) in Ho Chi Minh City held from September 13 to 15 that has the main target of promoting tourism in Cambodia, Laos, Myanmar and Vietnam.

“A number of Qatari projects are currently under preparation in Vietnam, which plan to make investments into Vietnam’s tourism sector, including construction of tourist complexes,” Phuong said.

Vietnam has received a number of high-ranking delegations from Qatar in the past, with Qatar showing interest in investing into several sectors of the Southeast Asian country’s economy.

“The first official visit of the Emir Shaikh Hamad bin Khalifa Al Thani to Vietnam in mid-January 2012 has brought the bilateral relationships to new heights, vigorously pushing up them in many fields,” the Vietnamese ambassador to Qatar, Le Hong Phan, said in a speech at a recent reception in Qatar to celebrate Vietnam’s 67th National Day.

A number of Memoranda of Understanding between Qatar and Vietnam have been signed since, he added.

Phan  said that potential cooperation between Qatari businesses and their Vietnamese counterparts had been made easier because of the daily Qatar Airways flights from Doha to Ho Chi Minh City and Hanoi.

He  welcomed Qataris to invest in Vietnam not only in tourism, but also in  real estate, trade, agriculture and education.

Qatari Diar Real Estate is already undertaking various real estate development projects in joint ventures with local governments in Vietnam, including residential and commercial projects and hotels.

During the Emir’s visit to Vietnam, Qatar Petroleum and Petro Vietnam had signed an agreement to build a $4 billion petrochemical complex in southern Vietnam.

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