Last updated: Wednesday, May 15, 2019


VCCI Promotes Economic Cooperation with Francophone Countries

Posted: Saturday, March 24, 2018

At the recent meeting with the Director of the International Francophonie Organisation (OIF) Adama Ouane, Vice President of Vietnam Chamber of Commerce and Industry (VCCI) Hoang Quang Phong appreciated OIF’s role in international affairs and the region, and appreciated members of OIF promoting economic cooperation with Vietnam.

Currently, Vietnam has cooperative relations with many countries of OIF in many fields; however, the cooperation between businesses is still limited. Along with the promotion of cultural and linguistic diversity, VCCI Vice President Hoang Quang Phong expressed his desire to boost economic cooperation among the member countries of OIF and Vietnam. VCCI is also willing to cooperate and organise business delegations to attend the events and seminars on investment promotion in cooperation with Francophone countries.

In response, Mr Ouane also emphasised that Vietnam is an important partner of OIF in the Asia-Pacific region. The economic cooperation will bring new breath to the Francophone community. At the same time, cultural cooperation should be strengthened, with more emphasis on economic cooperation to meet the demand for employment and added value.

The Francophone community has a total of 84 members and observers from five continents, with 220 million French speaking people, accounting for 20 per cent of the trade and 13 per cent of the world's GDP. OIF has developed cooperation with Vietnam in the field of education and scientific research in a number of key areas such as technology, economics, commerce, medicine, basic science, law, etc. In addition, OIF also implements smaller-scale projects in informatics, law, energy, environment, poverty reduction, teacher training, and school facilities support in poor and difficult areas. Projects implemented by OIF in Vietnam are generally evaluated effectively.

Giang Tu

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