A business forum to be joined by French and Vietnamese businesses,
France-Vietnam Business Forum 2013, will be launched over April 7-11 in Rex
Hotel in Ho Chi Minh City.
The event, which will kick-start
some 40 economic activities during 2013, is the highlight of a series of
activities held to celebrate the 2013-2014 Vietnam-France Year, said Fabrice
Mauries, Consul-General of the Republic of France in HCMC.
There will be 126 French
businesses in many areas, including high-tech, food processing, software,
construction, cosmetics, healthcare and fast-moving consumer goods coming to
Vietnam to attend the event and meet with more than 500 Vietnamese companies to
explore investment opportunities.
This is the largest French
business delegation to Vietnam for years.
In addition to HCMC, there will
be thousands of meetings between businesses of the two countries during the
event in Hanoi and other provinces, said Marc Cagnard, director of French trade
promotion office in Vietnam (UBIFRANCE Vietnam).
The event is an emphasis of
France’s redirection in economic policies towards Asia and Vietnam as the new
markets for French products.
There are some 300 French
businesses investing in Vietnam, of which 85 are operating in high-tech
sectors.
France is the second biggest
European investor in Vietnam after the Netherlands with over $3 billion
disbursed in the country by the end of 2012, followed by the UK and Germany
with $2 billion and $1.5 billion, respectively.
Regarding the future trend in
French investment in Vietnam’s public sector, France is the second largest
financier for public works, mostly infrastructures and education in Vietnam,
after Japan, said Pierre-Jean Malgouyres, president of the French Chamber of
Commerce and Industry in Vietnam (CCIFV).
The 2013-2014 Vietnam-France Year
will officially begin in Hanoi in April to mark the 40th anniversary of
bilateral diplomatic ties between the two nations.
The France Year in Vietnam 2013,
which is expected to see the participation of French Minister of Foreign Trade
Nicole Bricq, will include a series of events relating to culture, economy,
science and education.
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