Party leader hopes for further investment from French groups

Created 27 March 2018
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VOV.VN -On the morning of March 27 (local time), Party General Secretary Nguyen Phu Trong had a meeting with representatives from France’s leading businesses, during which he expressed his hope that major French groups will seek ways to further expand cooperation with Vietnam.

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At the meeting, French businesses highlighted Vietnam as one of the fastest growing economies in the region, with an average growth rate of 7% over the past 30 years and a vast market of more than 90 million people.

In addition, the Government of Vietnam is making every effort to reform administrative procedures, improve the investment environment in order to attract more investors, they said while pledging to strengthen cooperation with Vietnamese partners, thus bringin benefits to both sides and contributing to the further promotion of bilatreral ties.

Representatives of major French businesses thanked the Vietnamese Government for supporting them in undertaking investment and businesses projects. They said they hope to improve and expand investment cooperation with new projects in Vietnam.

Representatives of the Vietnamese Government and French businesses discussed specific issues to seek effective cooperation solutions in each area.

Meeting with representatives from the Movement of the Enterprises of France (MEDEF) in Paris the same day, Party leader Trong said France has always been the pioneer among western countries in promoting relations with Vietnam over the past 45 years, noting that the bilateral political ties and cooperation and exchanges across multiple fields have been growing steadily. 
However, the level of economic, trade and investment cooperation is still far from matching the two countries’ sound political ties, their positions and potential, he said.

Therefore, the visit is designed to discuss drastic measures to step up the bilateral collaboration in these realms.

President of the MEDEF Pierre Gattaz expressed his honour to welcome the Party leader and his high-ranking Vietnamese delegation, saying their presence at the meeting demonstrates the importance of the Vietnam-France relations.

He told Trong that the signing and enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will make remarkable contributions to enhancing the economic and trade links between Vietnam and the EU and France in particular.

Pierre Gattaz said French businesses participating in the event have signed a host of big contracts with Vietnamese partners, adding that Vietnam is on the path to become a tiger of Asia with sustainable economic development as a result of the government policy of extensive and intensive international integration as well as great efforts to reform the institutional system to develop Vietnam into a more appealing market to French companies.
Source: VOV
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