Nine French companies involved in developing medical technology will participate in two business conferences to be organised in Hanoi and Ho Chi Minh City on June 16 and June 17, respectively.

The events' organiser Business France said these enterprises would advertise their medical technology and share their experiences in this sector with domestic firms in the conferences.

The medical devices market in Vietnam was estimated at 950 million USD and was expected to reach 1.2 billion USD by 2016, Business France said, adding that up to 90 percent of its local demands were imported, providing French companies several opportunities to access this promising market.

Business France is the French Government's national agency that supports the international development of the French economy, fosters exports growth of French businesses, and promotes and facilitates international investment in France.-VNA