France sees Vietnam as attractive market: Ambassador
Friday, October 28,2016AsemconnectVietnam - Vietnam is an attractive destination for foreign investors in various fields, including infrastructure, health care, tourism, information technology, and climate change, stated French Ambassador to Vietnam Bertrand Lortholary.
Addressing the France-Vietnam Business Forum in Ho Chi Minh City on October 27, the diplomat noted that Vietnam is enjoying a more stable economic growth compared to other Southeast Asian countries and becoming the most open economy in the region.
Free trade deals with various partners also make Vietnam an appealing market for foreign investors, he held, adding that the French business community is keen on seeking investment and business opportunities in Vietnam and expanding partnership with local firms.
Nguyen Thao Hien, deputy head of the European Market Department under the Ministry of Industry and Trade, revealed that since Vietnam and France became strategic partnership in 2013, the two countries have seen an average rise of over 15% in trade annually.
The Vietnam-EU Free Trade Agreement, which will become effective in 2018, will bring about new prospects for bilateral trade partnership through the removal of the tariff and non-tariff barrier as well as simplification of import-export procedures, she said.
Meanwhile, Le Thanh Liem, Vice Standing Chairman of the Ho Chi Minh City People’s Committee, said that France is always among the 10 largest investors in the city. As of July 2016, France had 185 projects with a total capital of US$848 million in the city. Two-way trade reached over US$423 million.
With their dynamism and cooperative spirit, Ho Chi Minh City’s enterprises are reliable and effective partners of French businesses, he said, pledging that the local government will give the most favourable conditions for foreign investors, especially those from France, to develop their business.
Free trade deals with various partners also make Vietnam an appealing market for foreign investors, he held, adding that the French business community is keen on seeking investment and business opportunities in Vietnam and expanding partnership with local firms.
Nguyen Thao Hien, deputy head of the European Market Department under the Ministry of Industry and Trade, revealed that since Vietnam and France became strategic partnership in 2013, the two countries have seen an average rise of over 15% in trade annually.
The Vietnam-EU Free Trade Agreement, which will become effective in 2018, will bring about new prospects for bilateral trade partnership through the removal of the tariff and non-tariff barrier as well as simplification of import-export procedures, she said.
Meanwhile, Le Thanh Liem, Vice Standing Chairman of the Ho Chi Minh City People’s Committee, said that France is always among the 10 largest investors in the city. As of July 2016, France had 185 projects with a total capital of US$848 million in the city. Two-way trade reached over US$423 million.
With their dynamism and cooperative spirit, Ho Chi Minh City’s enterprises are reliable and effective partners of French businesses, he said, pledging that the local government will give the most favourable conditions for foreign investors, especially those from France, to develop their business.
Source: vov.vn
Standard Chartered, US promote clean energy investments in Vietnam
Vietnam, Russia’s Zabaikal region enhance cooperation
Hai Phong Techfest connects Vietnamese, RoK businesses
Made-in-Vietnam wind turbine towers bound for RoK
Vietnam-Laos-Cambodia-Thailand trade fair opens in Laos
NA Chairman meets with executives of large Chinese groups
Vietnam, Laos sign new trade agreement
French businesses interested in Vietnamese market
Vietnam, Russia discuss stronger agriculture cooperation
Vietnam, Indonesia similarities facilitate trade, agro-fishery cooperation
Vietnam, Japan promote financial mechanisms in green energy transition projects
Vietnam Connect Forum 2024 to take place in Hai Phong next month
Vietnam, Canada look to boost trade cooperation
Binh Duong province seeks cooperation opportunities with Australian partners
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...