Vietnamese, French firms urged to foster partnerships hinh anh 1Participants 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 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.

Minh was speaking at a meeting between officials of the Vietnamese Government, ministries and sectors and leaders of French businesses in Paris on March 27. The event was part of an official visit to France by General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong.

The Vietnamese officials included Minister of Industry and Trade Tran Tuan Anh, Minister of Natural Resources and Environment Tran Hong Ha, and leaders of the Ministries of Planning and Investment, Science and Technology, Justice, and Construction.

Many big businesses of France were also present at the event such as aircraft manufacturer Airbus, electricity company EDF, infrastructure construction group VINCI, oil and gas company Total, energy company Air Liquide, environment firm SUEZ, and tyre producer Michelin.

[Party chief expects French enterprises to succeed in Vietnam]

Amid the increasingly practical strategic partnership between Vietnam and France, economic cooperation and business connectivity have enjoyed positive development and affirmed important role in the bilateral relations.

At the meeting, representatives of the Vietnamese ministries and sectors provided much information about the country’s policies in various fields, including clean and renewable energy development, oil and gas exploration and exploitation, petrochemistry, clean water supply and wastewater treatment, climate change adaptation, environment, transport development, and projects under public-private partnership or build-operate-transfer forms.

Leaders of the French enterprises lauded Vietnam’s economic and integration achievements as well as the Vietnamese Government’s efforts to improve the investment climate and promote sustainable development. 

They expressed their wish to engage effectively in development and investment projects in Vietnam, thereby creating new driving forces for economic, trade and investment ties between the two countries.-VNA