Vietnamese, French firms urged to foster partnerships
As Vietnam and France hold huge potential for economic, trade and investment cooperation, businesses of the two nations should enhance partnerships by capitalising on their advantages, thus serving development needs in each country, said Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh.
Participants in the meeting between officials of the Vietnamese Government, ministries and sectors and leaders of French businesses on March 27 (Photo: VNA)
Paris (VNA) – As Vietnamand France hold huge potential for economic, trade and investment cooperation,businesses of the two nations should enhance partnerships by capitalising ontheir advantages, thus serving development needs in each country, said VietnameseDeputy Prime Minister and Foreign Minister Pham Binh Minh.
Minh was speaking at a meeting between officialsof the Vietnamese Government, ministries and sectors and leaders of Frenchbusinesses in Paris on March 27. The event was part of an official visit toFrance by General Secretary of the Communist Party of Vietnam Central CommitteeNguyen Phu Trong.
The Vietnamese officials included Minister ofIndustry and Trade Tran Tuan Anh, Minister of Natural Resources and EnvironmentTran Hong Ha, and leaders of the Ministries of Planning and Investment, Scienceand Technology, Justice, and Construction.
Many big businesses of France were also presentat the event such as aircraft manufacturer Airbus, electricity company EDF,infrastructure construction group VINCI, oil and gas company Total, energycompany Air Liquide, environment firm SUEZ, and tyre producer Michelin.
Amid the increasingly practical strategicpartnership between Vietnam and France, economic cooperation and businessconnectivity have enjoyed positive development and affirmed important role inthe bilateral relations.
At the meeting, representatives of the Vietnameseministries and sectors provided much information about the country’s policiesin various fields, including clean and renewable energy development, oil andgas exploration and exploitation, petrochemistry, clean water supply andwastewater treatment, climate change adaptation, environment, transportdevelopment, and projects under public-private partnership orbuild-operate-transfer forms.
Leaders of the French enterprises laudedVietnam’s economic and integration achievements as well as the VietnameseGovernment’s efforts to improve the investment climate and promote sustainabledevelopment.
They expressed their wish to engage effectivelyin development and investment projects in Vietnam, thereby creating new drivingforces for economic, trade and investment ties between the two countries.-VNA
General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong hoped that the France-Vietnam Friendship Association (AAFV) will further its efforts to bolster Vietnam-France collaboration in the fields of politics, economy, culture, education and healthcare.
Vietjet Aviation Joint Stock Company and Safran Aircraft Engines on March 27 signed a Memorandum of Understanding (MoU) on comprehensive collaboration under the witness of General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and French President Emmanuel Macron.
Vietnam and France have agreed to chart a new course for the bilateral relationship during the talks between General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong and France’s President Emmanuel Macron in Paris on March 27.
The new headquarters of the Vietnam Culture Centre in France was inaugurated in Paris on March 27 in the presence of General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong, who is on an official visit to the European country.
Vietnam and France issued a joint statement on the occasion of the official visit to France from March 25-27 made by General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong at the invitation of French President Emannuel Macron.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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.