Viet Nam, potential market for France (14/06)
06/08/2010 - 161 Lượt xem
Over the past five years, Viet Nam has approved 101 legal documents regarding State administrative reform, said Ambassador Nguyen Dinh Bin at a workshop in Paris, France, on June 13. The event, hosted by the France-Asia Society, drew executives from French economic giants such as AXA and ALCATEL which are either operating in or interested in opening business in Viet Nam. Bin reiterated Viet Nam's external policies of establishing relations with all other countries on the principles of respect for national sovereignty, territorial integrity, non-interference and the absence of recourse to force or threat to use force, solving crisis or disputes through negotiations, and equality and respect for the mutual interests of relevant parties.
Viet Nam has so far set up diplomatic relations with 169 countries, fully joined 63 international organisations and established cooperative ties with over 500 international bodies, said the diplomat. Bin cited France as an example of successful partnership with over 170 projects capitalised at 2.7
billion USD currently operational in Viet Nam, making it the biggest European investor and one of the top ten foreign investors in the country.Bilateral trade turnovers increased 10 percent in each of the past five years, reaching 1.5 billion USD in 2005, said the ambassador.
He also appreciated France's assistance in community development as demonstrated in over 650 projects covering all aspects of life for 54 out of 64 provinces and cities of Viet Nam.
These projects have attracted over 1,000 partners from localities, universities and social organisations in France. They have operated effectively, mostly on small scale, and contributed to the development of communities in Viet Nam, Ambassador Bin concluded.
Jean-Marie Cambaceres, President of the France-Asia Society, told a Viet Nam News correspondent in Paris that Viet Nam, with its rapid changes, presents great opportunities for French investors and entrepreneurs.
He was worried that with Viet Nam's current development rate and its prospect to enter the World Trade Organisation (WTO) later this year, French investors may lag behind in such a potential market. He said that because of its secure investment environment, political stability, complete and improved legal system and framework, and its industrious and disciplined labour force, Viet Nam currently is an attractive market for foreign investors and entrepreneurs.
Most French entrepreneurs are satisfied with Viet Nam's renewal and their business in the country, said Cambaceres.
Source: VNA
