Vietnam, Qatar look to tap potential for energy, oil & gas collaboration
Vietnam and Qatar have recognized the significant potential for further collaboration in multiple sectors such as energy, oil and gas, especially LNG, agriculture, Halal industry, and banking.
This is the highlight of a joint communiqué on the occasion of Vietnamese Prime Minister Pham Minh Chinh’s official visit to Qatar from October 30 to November 1 at the invitation of his Qatari counterpart Mohammed bin Abdulrahman bin Jassim Al Thani.
Vietnamese Prime Minister Pham Minh Chinh (left) and Qatari Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman bin Jassim Al Thani in Doha, October 31, 2024. Photo courtesy of the government’s news portal.
The following is the full text of the joint communiqué between the Socialist Republic of Vietnam and the State of Qatar, provided by Vietnam’s Ministry of Foreign Affairs:
1. At the invitation of His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar, His Excellency Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam, paid an official visit to Qatar from October 30 to November 01, 2024, marking the first official visit by a Prime Minister of Vietnam to Qatar in 15 years.
2. With sincerity, mutual trust and understanding, His Excellency Prime Minister Pham Minh Chinh paid a courtesy call on the Emir of Qatar, His Highness Sheikh Tamim bin Hamad Al Thani, held an official talk with Prime Minister and Minister of Foreign Affairs, His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani and called on Speaker of the Shura Council, His Excellency Hassan bin Abdulla Al-Ghanim, and met with the Minister of Communications and Information Technology; the Minister of Labor; the Minister of State for Energy Affairs; Chairman of Qatar Investment Authority (QIA); and Chairman of Qatar Businessmen Association (QBA).
3. The two sides noted with satisfaction the achievements of their 30-year bilateral relationship that has been flourishing and expanding across multiple fields. The two sides pledged to promoting the exchange of delegations and contacts at all levels and through various channels, and strengthen people-to-people ties, to further advance the excellent cooperation between Vietnam and Qatar.
4. With a shared vision to further deepen the political trust and elevate Vietnam-Qatar relationships to a more profound and advanced level, the two sides agreed to work towards upgrading bilateral relations to a more involved, concrete and effective Partnership.
5. The two sides consider negotiating bilateral agreements on the areas of, among others, visa exemption, labor, economic and trade to expand their market access. The two sides emphasized the importance of economic, trade, and investment cooperation and recognized the significant potential for collaboration in other sectors such as energy, oil and gas, especially liquefied natural gas (LNG), agriculture, Halal industry, banking, etc. The two sides agreed to strengthen trade and investment activities, with an aim to attract more investment from Qatari funds to strategic investment projects in Vietnam enhance business connections, and support investors from both sides.
6. Both sides pledged to enhance defense and security cooperation and maintain an environment of cooperation and peace in the two regions and the world.
7. The two sides recognized the importance of promoting education and training, tourism, and cultural and sports exchange to strengthen people-to-people connections and deepen mutual understanding. Both sides agreed to increase scholarships for each other’s students. In addition, both sides agreed to explore cooperation opportunities in emerging sectors, such as semiconductors, artificial intelligence, cloud computing, clean energy, solar energy, digital transformation, innovative governance, green and circular economy, among others.
8. During the visit, the two sides signed a number of bilateral agreements and MOUs to enhance cooperation namely: i) Protocol between the Government of the Socialist Republic of Vietnam and the Government of the State of Qatar amending the Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Qatar for Air Services signed on 08 March 2009; ii) Memorandum of understanding on cooperation in the field of sports between the Government of the Socialist Republic of Vietnam and the Government of the State of Qatar; iii) Memorandum of understanding on cooperation in the legal field between the Ministry of Justice of the Socialist Republic of Vietnam and the Ministry of Justice of the State of Qatar; iv) Memorandum of understanding on cooperation in the field of diplomatic training and education between the Diplomatic Academy of Vietnam of the Ministry of Foreign Affairs of the Socialist Republic of Vietnam and the Diplomatic Institute of the Ministry of Foreign Affairs of the State of Qatar; v) Memorandum of understanding between State Capital Investment Corporation and Qatar Investment Authority LLC concerning investment cooperation.
9. The two sides exchanged views on international and regional issues of mutual interest and underscored the importance of upholding international law and the United Nations Charter, advocating the resolution of disputes by diplomatic means to maintain peace, stability, and security and promote development at regional and global levels.
10. Both sides expressed confidence in the promising future of Vietnam - Qatar relationships and committed to working closely together to implement the outcomes of high-level visits. Prime Minister Pham Minh Chinh expressed his heartfelt appreciation for the warm hospitality accorded to him and his delegation. Vietnamese Prime Minister conveyed the invitations from His Excellency To Lam, Secretary-General of the Communist Party of Vietnam and His Excellency Luong Cuong, President of the Socialist Republic of Vietnam to His Highness Sheikh Tamim bin Hamad Al Thani, Emir of Qatar and from His Excellency Tran Thanh Man, President of the National Assembly of Vietnam to the His Excellency Hassan bin Abdulla Al-Ghanim, Speaker of the Shura Council and invited His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of Qatar to visit Vietnam at mutually convenient dates. The invitation has been well received by Qatari leaders.
Doha, November 1, 2024.
- Read More
Taiwanese apparel material supplier Paiho injects additional $120 mln into southern Vietnam unit
Paihong Vietnam Co. Ltd., a unit of Taiwan-based Paiho Shih Holdings Corporation serving the footwear and apparel industries, has decided to raise capital by $120 million through the issuance of 120 million new shares.
Industries - Sun, May 10, 2026 | 5:28 pm GMT+7
Vietnam calls for expanded flexible financing tools from ADB
Prime Minister Le Minh Hung has called on the Asian Development Bank (ADB) to expand flexible and preferential financing instruments better suited to Vietnam’s funding needs for development investment in the coming period.
Economy - Sun, May 10, 2026 | 4:08 pm GMT+7
Asia’s leading luxury travel magazine hails Hanoi's new opera house: 'Move aside, Sydney'
Even while under construction, the new Hanoi Opera House at West Lake has become a focal point for international media.
Companies - Sun, May 10, 2026 | 11:21 am GMT+7
Duc Giang Chemicals CEO reassures shareholders, accepts profit erosion pressure
CEO of Duc Giang Chemicals Group JSC (HoSE: DGC) Luu Bach Dat admitted shortcomings in the company’s legal compliance following the arrest of senior executives and pledged to close regulatory loopholes to prevent similar issues in the future.
Companies - Sun, May 10, 2026 | 10:54 am GMT+7
Vietnam developer Saigonres plans $650 mln investment for next 5 years
Saigon Real Estate Group JSC (Saigonres) plans total investment of VND17.11 trillion ($650.37 million) for 2026-2030, implying average annual capital demand of about VND3-4 trillion ($114-152 million).
Real Estate - Sun, May 10, 2026 | 10:15 am GMT+7
Firms must abandon five leadership habits to navigate AI era: FPT CEO
The important thing is not to chase AI, but to apply AI to solve the right organizational problems, said Nguyen Van Khoa, CEO of FPT Corporation, a leading technology company in Vietnam.
Companies - Sun, May 10, 2026 | 8:00 am GMT+7
Trung Nam Group's solar power arm suffers $37 mln loss amid rising debt pressure
Trung Nam Thuan Nam Solar Power Company Limited, a subsidiary of the multi-sector Trung Nam Group, incurred a net loss of VND969 billion ($36.83 million) in 2025, reversing a profit of VND138.2 billion ($5.35 million) a year earlier, according to its 2025 earnings statement.
Companies - Sat, May 9, 2026 | 3:01 pm GMT+7
French firms eye Vietnam’s North-South high-speed railway project
A delegation of 15 major French companies and industrial groups has expressed interest in participating in Vietnam’s planned North-South high-speed railway project.
Infrastructure - Sat, May 9, 2026 | 2:38 pm GMT+7
Grocery chain Bach Hoa Xanh opens 1st store in Hanoi, takes cautious northern Vietnam expansion approach
Bach Hoa Xanh, a grocery chain operated by Vietnam’s leading retailer Mobile World Investment Corporation (HoSE: MWG), has opened its first store in Hanoi, marking entry into one of the country’s most competitive consumer markets.
Companies - Sat, May 9, 2026 | 8:17 am GMT+7
Intel to continue expanding investment in Vietnam: exec
U.S. chipmaker Intel will continue expanding investment, supporting workforce training, and helping develop Vietnam’s semiconductor ecosystem as the country refines investment support mechanisms to retain large-scale high-tech projects, said its executives.
Industries - Fri, May 8, 2026 | 7:48 pm GMT+7
Vietnam stocks extend rally to fresh record high
Vietnam’s benchmark VN-Index extended gains for a fourth straight session on Thursday, closing at a new all-time high of 1,915.37 points as large-cap banking and property stocks supported the market despite continued foreign selling.
Finance - Fri, May 8, 2026 | 5:49 pm GMT+7
Vingroup’s VinMetal partners with Primetals for green steel complex in central Vietnam
Vingroup’s subsidiary VinMetal has signed a strategic cooperation agreement with global steel giant Primetals Technologies to develop a large-scale integrated steel complex in central Vietnam.
Industries - Fri, May 8, 2026 | 4:25 pm GMT+7
Hanoi pushes Sumitomo, BRG to accelerate $4.2 bln smart city project
Hanoi authorities have asked Japan’s Sumitomo and local conglomerate BRG Group to quicken the progress of the North Hanoi Smart City project as soon as legal procedures are finalized.
Real Estate - Fri, May 8, 2026 | 3:31 pm GMT+7
Moody's Ratings upgrades MBBank's deposit ratings to Ba2 from Ba3, outlook stable
Moody’s Ratings (Moody’s) has announced an upgrade of the local currency and foreign currency long-term deposit and issuer ratings for Military Commercial Joint Stock Bank (MB, HoSE: MBB) from Ba3 to Ba2, aligning with Vietnam’s sovereign rating (Ba2 positive). The outlook remains "Stable."
Banking - Fri, May 8, 2026 | 3:00 pm GMT+7
Vietnam welcomes leading Indian groups to expand energy, infrastructure cooperation: top leader
Vietnam is ready to create favorable conditions for capable Indian corporations and businesses to expand investment and operations in the country in line with its laws, while ensuring transparency and balanced interests among stakeholders, said Vietnam’s Party chief and President To Lam.
Economy - Fri, May 8, 2026 | 1:59 pm GMT+7
Vietnam airport operator ACV records slows disbursement for Long Thanh mega-airport project
Airports Corporation of Vietnam's (ACV) slow disbursement for the Long Thanh International Airport project, located in the southern province of Dong Nai, highlights implementation bottlenecks despite the company's strong profitability in Q1/2026 and substantial cash reserves for the country's largest aviation infrastructure project.
Companies - Fri, May 8, 2026 | 1:41 pm GMT+7






















