Vietnam and France have agreed on the necessity of removing tradebarriers and obstacles in market approaches through bilateral dialogues,including Vietnam lifting its ban on French beef.
The agreement was reached during the third annual high-level economicdialogue chaired by Deputy Minister of Planning and Investment (MPI)Nguyen Chi Dung and Matthias Fekl, Minister of State for Foreign Trade,Promotion of Tourism and French Nationals Abroad, in Hanoi on April 15.
The French side also proposed Vietnam consider removing barriers to French apple import.
The two sides reaffirmed the significance of the annual economicdialogue in implementing the bilateral strategic partnership reached inSeptember 2013.
They welcomed the growth in trade with a 10.6 percent rise in 2014 to hit 3.54 billion EUR (3.76 billion USD).
Both sides voiced their support of fair and transparent tradeexchanges. Vietnam suggested France help speed up the EU’s approval ofthe framework Partnership and Cooperation Agreement with Vietnam as wellas the conclusion of negotiations for the Vietnam-EU free tradeagreement in 2015.
Meanwhile, they highlighted thatFrench projects in Vietnam, especially in science and technology andaerospace, are evidence of joint efforts in enhancing cooperation andinvestment affiliation.
France has assisted Vietnamthrough preferential and export sponsorship while sharing itsexperience in building legal frameworks for public-private partnershipsand providing official development assistance to Vietnam.
The two sides expressed their interest in increasing partnerships forsustainable growth, focusing on environmental protection, greenproduction, emission reduction and climate change response.
This focus has been evidenced by a number of French projects inVietnam, including a 20 million EUR (21.2 million USD) Support Programmeto Respond to Climate Change in Vietnam and a 19.5 million EUR (20.7million USD) general hospital project in the Mekong Delta city of CanTho.
French firms and research institutions are also eager to work with Vietnam in science research, healthcare and education.
According to MPI Deputy Minister Dung, opportunities for Frenchbusinesses in Vietnam are plentiful, as Vietnam has a number ofadvantages in terms of investment environment, reformed institutions andpolicies coupled with low-cost labour and competitive infrastructuresystems.
He pledged to create favourable conditions for French enterprises’ investment in Vietnam.-VNA
The agreement was reached during the third annual high-level economicdialogue chaired by Deputy Minister of Planning and Investment (MPI)Nguyen Chi Dung and Matthias Fekl, Minister of State for Foreign Trade,Promotion of Tourism and French Nationals Abroad, in Hanoi on April 15.
The French side also proposed Vietnam consider removing barriers to French apple import.
The two sides reaffirmed the significance of the annual economicdialogue in implementing the bilateral strategic partnership reached inSeptember 2013.
They welcomed the growth in trade with a 10.6 percent rise in 2014 to hit 3.54 billion EUR (3.76 billion USD).
Both sides voiced their support of fair and transparent tradeexchanges. Vietnam suggested France help speed up the EU’s approval ofthe framework Partnership and Cooperation Agreement with Vietnam as wellas the conclusion of negotiations for the Vietnam-EU free tradeagreement in 2015.
Meanwhile, they highlighted thatFrench projects in Vietnam, especially in science and technology andaerospace, are evidence of joint efforts in enhancing cooperation andinvestment affiliation.
France has assisted Vietnamthrough preferential and export sponsorship while sharing itsexperience in building legal frameworks for public-private partnershipsand providing official development assistance to Vietnam.
The two sides expressed their interest in increasing partnerships forsustainable growth, focusing on environmental protection, greenproduction, emission reduction and climate change response.
This focus has been evidenced by a number of French projects inVietnam, including a 20 million EUR (21.2 million USD) Support Programmeto Respond to Climate Change in Vietnam and a 19.5 million EUR (20.7million USD) general hospital project in the Mekong Delta city of CanTho.
French firms and research institutions are also eager to work with Vietnam in science research, healthcare and education.
According to MPI Deputy Minister Dung, opportunities for Frenchbusinesses in Vietnam are plentiful, as Vietnam has a number ofadvantages in terms of investment environment, reformed institutions andpolicies coupled with low-cost labour and competitive infrastructuresystems.
He pledged to create favourable conditions for French enterprises’ investment in Vietnam.-VNA
