Dozens of French groups and major companies operating in different fields joined an online conference on September 28 that sought ways to promote French investments in Vietnam after the COVID-19.
Paris (VNA) - Dozens of French groups and major companies operating in differentfields joined an online conference on September 28 that sought ways to promote Frenchinvestments in Vietnam after the COVID-19.
The conferencewas co-organised by the Ministry of Planning and Investment, the French Embassyin Vietnam, and MEDEF International - a non-profit private-funded organisation created in 1989by MEDEF, the French Business Confederation.
François Corbin, President of the Vietnam-France Business Council and VicePresident of MEDEF International, said the largenumber of businesses involved in the conference reflects the high level of interestin Vietnam.
He highlightedVietnam’s positive growth amid the pandemic, saying the country has become a candidatedestination for value chain transformation in Asia.
Deputy Ministerof Planning and Investment Tran Quoc Phuong said the Vietnam-France relationshiphas developed fruitfully since the two countries set up a strategic partnershipin 2013.
Regardingthe EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment ProtectionAgreement (EVIPA), he said they will open up more opportunities for Vietnamese andFrench investors to access the markets of each other.
Vietnamhas paid attention to quality, efficiency, technology, and environmental protectionduring its investment attraction efforts, he stressed.
Accordingto Do Nhat Hoang, head of the Foreign Investment Agency, the Vietnamese Governmenthas adjusted the Law on Enterprises and the Law on Investment in an effort to streamlineprocedures and create an open corridor for foreign investors in the country.
In anticipationof waves of foreign investment, the country has prepared land and human resourceswhile setting up a working group in charge of removing obstacles to investment andattracting quality and large-scale investment projects.
ParticipatingFrench firms at the conference raised questions regarding Vietnam’s priority projectsand measures to address difficulties facing existing projects.
The twosides agreed to further exchange information and facilitate French investments inareas of shared concern, especially technology-intensive and high-tech sectors./.
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Illustrative image (Photo: VNA) 
