The Qatar National Bank (QNB) has opened a representative office in
Ho Chi Minh City with the stated objective of promoting trade between
the two countries.
It will extend intermediary services in the
field of investment and trade for Middle Eastern companies looking to
establish businesses in Vietnam and develop investments in the country.
It also offers to facilitate Vietnamese companies’ expansion into, or investment in, the Middle East.
The
opening of the representative office is part of the bank’s efforts to
expand its network in key markets around the world, including Asia.
Vietnam
is one of the fastest growing emerging markets with a growth rate of
six percent last year. The country is expected to sustain the high
growth rate in 2015.-VNA