Apr 8, 2012

Vietnam - Over 30 French businesses seeking partnership in Vietnam


Deputy Prime Minister Nguyen Xuan Phuc on April 4 received Mr Federich Sanchez, President of the Vietnamese sub-committee of the French Business Confederation (MEDEF) and 30 French businesses currently on a working visit in Vietnam.

France is the European big investor to Vietnam, following Netherlands, with 340 projects worth over US$3 billion. France committed to invest US$150 million in Vietnam this year.

Vietnam considers France as one of Vietnam's most important economic partners, who enjoyed bilateral trade worth US$2.8 billion in 2011.

The Deputy Prime Minister confirmed Vietnam would create favourable conditions for foreign investors generally and French investors particularly. He desired two sides would continue enhancing economic cooperation in fields of energy, space, infrastructure and housing.

Mr. Sanchez remarked that Vietnam is a dynamic economy with abundant human resource, advantageous geography. He hopes the government will continue providing preferential policies for French investors.

VietBiz24

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