Vietnam - attractive destination for French startups
French startup firms are eyeing the Vietnamese market, especially the southern economic hub of Ho Chi Minh City thanks to open and dynamic business environment.
French Ambassador to Vietnam Bertrand Lortholary (Source: dantri)
Hanoi (VNA) – French startup firms areeyeing the Vietnamese market, especially the southern economic hub of Ho ChiMinh City thanks to open and dynamic business environment.
French Ambassador to Vietnam BertrandLortholary made the remark in a recent interview granted to Thoi bao Kinh teViet Nam (Vietnam Economic Times) on the occasion of the 45th anniversary of Vietnam-France diplomatic ties (1973-2018).
He said the development of the start-up communityin HCM City is just a start, and in the coming time, the city as well asVietnam would become a must-go destination for startup businesses, especiallyin the field of technology, he said.
The Ambassador added that French businesses aremaking more investment in this field in Vietnam and consider it as anattractive market.
French tech firms operating in the SoutheastAsian country have set up a network called “French Tech Vietnam” to serve as abridge for startups between the two countries, he unveiled.
This network has been recognised by France as anew technological centre in Vietnam, the first of its kind in Southeast Asia,he noted.
According to the Ambassador, the first things hecould see in the relations between Vietnam and France are opportunities forcooperation in transport infrastructure, water, consumption, and especiallytechnology.
In recent time, the two countries’ governmentshave created favourable conditions for French startups to work in Vietnam.
Stressing that there are three things that makesuccessful startups, namely startup capacity, favourable business climate andconnection of domestic and global startups, the Ambassador suggested theVietnamese Government design more policies to facilitate startup operation inthe time to come.
Ho Chi Minh City is striving to become Vietnam’s startup centrewith the target establishment of 500,000 enterprises from now through 2020.-VNA
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French Ambassador to Vietnam Bertrand Lortholary (Source: dantri) 
