The seventh high-level economic dialogue between Vietnam and France takes place in the form of videoconference on January 20. (Photo: VNA)
Hanoi (VNA) – The seventh high-level economicdialogue between Vietnam and France took place in the form of videoconference onJanuary 20.
The event was co-chaired by Director of the External Economic Department underthe Ministry of Planning and Investment Pham Hoang Mai, and on the French side head of the Bilateral Affairs and International BusinessDevelopment Department at the French Treasury MagaliCesana.
Inopening the dialogue, Director Pham Hoang Mai thanked the French Government andpeople for aiding Vietnam with vaccine and medical supplies in the battleagainst COVID-19, which he said reflect the close ties between the twocountries.
For her part, Cesana affirmed that despite the negative impacts of thepandemic, cooperation with Vietnam is still among priorities of France. She citedthe official visit to France by Prime Minister Pham Minh Chinh, saying that itdemonstrates France’s commitment to enhancing investment, economic and tradecooperation with Vietnam.
The two sides took note of achievements in bilateral economic ties, includingFrance’s cumulative investment worth a total 3.6 billion USD in Vietnam by theend of 2021, ranking third among EU investors in the country.
They agreed that opportunities brought about by the EU-Vietnam Free TradeAgreement will promote Vietnam-France partnership in such fields as transport, energytransformation, aviation, agriculture, food industry and sustainabledevelopment, while further facilitate market access for their enterprises.
The two sides exchanged notes on bilateral programmes and projects funded byFrench ODA, particularly the urban railway No.3 in Hanoi, which is considered asymbol of Vietnam-France ties and expected to be put into operation at the endof this year.
They also discussed in details possibilities for cooperation in agriculture andtransport, the Long Thanh airport project and a scheme on forming aninternational farm produce wholesale market. The Vietnamese side took the occasion to inform the French side on Vietnam’ssocio-economic development in 2021 and the five-year plan for 2021-2025./.
Vietnam received about 1.4 million doses of the Pfizer COVID-19 vaccine aided by France on November 27 and 28, bringing the total doses offered by the European donor to more than 2 million.
A seminar on marine pollution control was held in both in-person and online forms on November 30 by the Diplomatic Academy of Vietnam (DAV) and the Embassy of France in Hanoi.
More than 20 tonnes of canned lychee from Vietnam has hit the shelves of supermarkets in France for the first time, according to the trade office of Vietnam in the European country.
The Vietnamese Embassy in France will continue working closely with the host and authorities in Vietnam to support the family of a Vietnamese victim who was killed when a rubber boat capsized off the coast of Pas de Calais province.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
The seventh high-level economic dialogue between Vietnam and France takes place in the form of videoconference on January 20. (Photo: VNA)
