Deputy Prime Minister Trinh Dinh Dung spoke highly of France’s investment in Vietnam while hosting a reception in Hanoi on May 15 for several large French enterprises operating in infrastructure and aviation.

Deputy Prime Minister Trinh Dinh Dung (R) receives representatives
from French enterprises (Source: VNA)

Welcoming the business delegation, Dung stressed that the Vietnam-France strategic partnership is developing well in all fields, especially in economics, trade, and investment.

France is Vietnam’s fourth biggest trade partner in Europe, with two-way trade hitting 5.1 billion USD last year, a year-on-year rise of 10.8 percent. The country is also the leading official development assistance provider for Vietnam.

Appreciating cooperation between the two nations’ businesses, Dung affirmed that cooperative projects will help Vietnam modernise its infrastructure and bring about benefits for French investors.

He asked relevant parties to exert efforts to ensure progress and quality of projects, especially those related to the expansion of Noi Bai and Tan Son Nhat International Airports.

The deputy PM also voiced his hope that the two countries’ enterprises will maintain close cooperation and expand investment in aviation as well as other spheres.

First Counsellor and Deputy Ambassador of France to Vietnam Olivier Sigaud said that aviation is an important field in economic and trade ties between Vietnam and France.

The Civil Aviation Authority of Vietnam and the Directorate General for Civil Aviation have signed an agreement on technical cooperation. France has cooperated with Vietnam in improving the latter’s aviation infrastructure and provided human resources training courses for its aviation sector, he added.

French enterprises also said that the two countries hold great potential for cooperation in economics, trade, and investment, particularly in the aviation sector.