Viet Nam, France hold high-level dialogue to promote economic co-operation

Nov 6th at 07:52
06-11-2019 07:52:57+07:00

Viet Nam, France hold high-level dialogue to promote economic co-operation

The sixth Viet Nam-France high-level economic dialogue took place in Paris on Monday under the co-chair of Vietnamese Deputy Minister of Planning and Investment Vu Dai Thang and French Secretary of State to the Minister for Europe and Foreign Affairs Jean-Baptiste Lemoyne.

 

Both sides expressed their delight at trade ties between the two countries, with two-way trade reaching 6.65 billion euros (US$7.24 billion) in 2018.

They underlined the opportunities created by the EU-Viet Nam Free Trade Agreement (EVFTA) to bolster economic and trade partnerships between Viet Nam and France as well as facilitate market penetration for businesses on both sides.

The two sides discussed a number of joint projects, and showed their readiness to strengthen bilateral economic cooperation.

Over the past decade, a number of projects have received French ODA with committed capital of over two billion euros, including the Ha Noi urban metro line No 3 – a symbol of the Viet Nam-France partnership, they noted.

The projects using French ODA are in the fields of transport, energy, environment and food, which are strategic sectors for Viet Nam. France has shown a willingness to share experience in these areas.

In recent years, Viet Nam and France have strengthened their bilateral partnership through high-level visits, including a visit to France by Party General Secretary Nguyen Phu Trong in March 2018 and a Viet Nam visit by French PM Eduoard Philippe in November the same year.

The annual dialogue aims to promote economic co-operation between the two countries, while creating chances for businesses from both sides to meet and exchange.

bizhub



NEWS SAME CATEGORY

Businesses sprout up in October

More than 12,000 businesses were established in October, a 3 per cent increase from the previous month, data from the General Statistics Office (GSO) revealed.

More foreign companies expand investment in Viet Nam

Many foreign businesses have recently visited Viet Nam with the desire to invest or expand their investments in the country, according to the Ministry of Industry...

Thai Nguyen FDI a source of pride

The northern province of Thai Nguyen is embracing the position of the region’s best performer in foreign investment attraction, leveraging local enormous potential...

Vietnam achieves stable growth: Fitch Ratings

Diverging Asia Pacific frontier market sovereign ratings in recent years reflect Vietnam’s lengthening record of macroeconomic stability, Fitch Ratings said in a...

VN exporters need to use both online, offline platforms to go global: experts

Vietnamese manufacturers need “integrated marketing solutions” comprising both online and offline platforms to gain access to buyers in both traditional and...

Tackling labor shortage

The EU-Vietnam Free Trade Agreement (EVFTA) is poised to help Vietnam both create more job opportunities and improve the quality of her labor force. However, the...

Incoming US consul general in Ho Chi Minh City vows support for Vietnam’s SMEs

In the 15 years that has passed since her last post in Ho Chi Minh City, Marie C. Damour, the newly-named U.S. consul general in Ho Chi Minh City, said she has seen...

Vietnam, U.S. customs team up to prevent origin fraud

Vietnamese and U.S. customs agencies have conducted joint investigations against those who violate U.S. laws, said Nguyen Van Can, head of the General Department of...

Vietnam among top 10 investors in Cambodia

Vietnam was among the top ten investors in Cambodia as of 2018, with US$3 billion registered in more than 200 projects, according to data released at a press...

Crafting procedures for successful PPP schemes

In order to achieve its economic goals, Vietnam is trying to attract deeper investment from the private sector, with public-private partnerships considered one of...


MOST READ


Back To Top