Greater French Investment to Flow into Vietnam: Ambassador
Vietnam will receive a stronger investment flow from France in the coming time as more investors from this economy are eager to explore the potential Southeast Asian market, said newly-appointed French Ambassador to Vietnam Herve Bolot.
Vietnam, a market with a population of more than 80 million, is very attractive for companies from the world’s forth powerful country, he said.
Bolot also noted that Vietnam has persuaded French investors for its impressive economic growth as well as cheap labor costs and politic stability.
Education cooperation will be the key to develop the ties, he said, hoping for further cooperation between the two countries’ universities during his mission term in Vietnam.
As of late July of this year, France had invested over US$2.56 billion into 183 projects, becoming the largest European investor on the list of top ten foreign investors in the country, according to state media.
The source also said that many French investors are keen on construction, telecom, pharmaceuticals, and environment projects in Vietnam.
Separately, a delegation of 20 leading firms from France visited Vietnam late June to seek business opportunities in the fields of transportation, industry, finance, energy, oil and gas, banking and automobile.
Vietnamese Prime Minister Nguyen Tan Dung has pledged favorable conditions for French investors in the country. (VOV)
Vietnamese
