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Thursday, December 2, 2021

Vietnam, France sign 29 agreements in multiple sectors

By Y.Minh

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HCMC – Prime Minister Pham Minh Chinh attended the Vietnam-France Business Forum on November 4 as part of his official visit to France, during which ministries, organizations and companies in Vietnam and partners from France and some European countries signed 29 cooperative agreements worth billions of dollars in multiple sectors.

The agreements were signed in investment, trade, construction, planning, culture, education and training, healthcare, tourism, science and technology and innovation.

Trade agreements included the cooperation agreement between VinFast Company and EDF Group on the supply and installation of charging equipment and provision of public charging services for the individual and institutional customers of VinFast, the strategic cooperation agreement between Vietjet Air and Airbus Group on supplying 184 aircraft, developing a new wide-body fleet and handing over three A330 wide-body aircraft, and an agreement on providing financial assistance for renewable energy projects in Vietnam between HDBank and Proparco.

Besides, Viettel and Rapid Space International signed an agreement on researching and developing 5G, and T&T Group and TotalEnergies reached an agreement on developing renewable energy in Vietnam.

In terms of culture, healthcare, education and training, IDS Equity Holdings and Euro Asia Edu inked a deal to establish universities of European standards in Hanoi and HCMC; the Hanoi Medical University and NG Biotech Group reached an agreement on the research, development and technology transfer to produce 175 types of rapid tests for Vietnam; and Hanoi Cancer Hospital K and Xenothera signed an agreement to research and conduct clinical trials on anti-cancer products.

In addition, T&T Group and Francois Baclesse canter center signed an agreement on developing a high-quality hospital system and a private oncology hospital in HCMC. T&T and Normandie also agreed to collaborate over building high-quality educational models that meet international standards.

Prime Minister Pham Minh Chinh also witnessed the signing of memoranda on the planning of construction between the Vietnamese Ministry of Investment and Planning and France’s Deauville Commune and on tourism development between the Vietnamese Ministry of Culture, Sports and Tourism and Normandy.

Speaking at the forum, the Vietnamese prime minister called on French and Vietnamese companies to discuss further cooperation in diverse fields. He also suggested that France assist Vietnam in finance and investment and also in policy building, administrative reform, green finance and green technology, and human resource development.

On the same day, Chinh held talks with leaders of leading French businesses.

At a meeting with chairman of TotalEnergies Patrick Pouyanné, the prime minister spoke highly of TotalEnergies’ achievements in Vietnam over the past 30 years and suggested the company further expand its investment in Vietnam, especially in renewable energy development.

During a meeting with chairman of the European Chamber of Commerce in Vietnam Alain Cany and leaders of leading French companies, PM Chinh called on them to cooperate with Vietnamese partners in transport, logistics, energy, hi-tech, automatics and digital transformation.

The Vietnamese prime minister also provided them with more information about the investment environment and opportunities in Vietnam, a potential market that has a population of some 100 million and has signed 17 free trade agreements with 60 countries.

French enterprises expressed their confidence in Vietnam’s economy and cooperation potential, affirming their commitments to long-term investment in Vietnam.

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