Conference “Vietnam- a new Asian dragon” opens in France
More than 250 Vietnamese and French businesses gathered at a conference called “Vietnam, a new Asian dragon” and a series of round-table seminars in France on March 25.
Minister of Industry and Trade Vu Huy Hoang (Source :VNA)
Paris (VNA) – More than 250 Vietnamese and French businesses gathered at a conference called “Vietnam, a new Asian dragon” and a series of round-table seminars in Franc✅e on Mar🗹ch 25 to discuss economic cooperation between the two countries.
The event, the first large-scale business conference on Vietnam held at the French Senate, was co-organised by the Vietnamese Ministry of Industry and Trade, the Vietnamese Embassy in France, the Senate of France and the French agency for trade and investment promotion (Business France).
Speaking at the event, Minister of Industry and Trade Vu Huy Hoang asserted that Vietnam is considered one of the most dynamic economies in Southeast Asia, with an active open-door policy amid its international integration process.
The minister said France is among Vietnam’s top business, economy and investment partners in the EU. Bolstering cooperation in all areas between the two will have a significant influence on relations between Vietnam and the EU.
He added that the French President’s visit to Vietnam scheduled for this year will be a good opportunity to cement bilateral relations between the two nations.
According to Henri Baissas, General Director of Business France, about 2,000 French firms export goods to Vietnam. The Southeast Asian country might become a major trading partner of France, as Vietnam has a bright economic overview, promising fruitful cooperation.
Vietnamese businesses introduced their major export products, particularly farm produce such as rice, tea, coffee and cashew nut. French enterprises presented their technology and potential in the fields of infrastructural development, transport, renewable energy and pharmaceutical chemistry.
At the event, Vietnam’s Trade Promotion Agency and Business France signed an agreement to help the two sides’ enterprises intensify commercial exchange and investment in both countries.-VNA
Vietnam and France have had a number of cooperative activities in energy, including oil and gas exploration, exploitation and processing as well as technology transfer, said Deputy Minister of Industry and Trade Cao Quoc Hung at a forum in Paris on July 7.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Minister of Industry and Trade Vu Huy Hoang (Source :VNA)
