Viet Nam, France hold seventh high-level economic dialogue

The seventh high-level economic dialogue between Viet Nam and France took place in the form of videoconference on January 20.
Viet Nam, France hold seventh high-level economic dialogue
The seventh high-level economic dialogue between Viet Nam and France took place in the form of videoconference on January 20. (Photo: VNA)

The event was co-chaired by Director of the External Economic Department under the Ministry of Planning and Investment Pham Hoang Mai, and the Head of the Bilateral Affairs and International Business Development Department at the French Treasury Magali Cesana.

In opening the dialogue, Director Pham Hoang Mai thanked the French Government and people for aiding Viet Nam with vaccine and medical supplies in the battle against COVID-19, which he said reflects the close ties between the two countries.

For her part, Cesana affirmed that despite the negative impacts of the pandemic, cooperation with Viet Nam is still among priorities of France. She cited the official visit to France by Prime Minister Pham Minh Chinh, saying that it demonstrates France’s commitment to enhancing investment, economic and trade cooperation with Viet Nam.

The two sides took note of achievements in bilateral economic ties, including France’s cumulative investment worth a total 3.6 billion USD in Viet Nam by the end of 2021, ranking third among EU investors in the country.

They agreed that opportunities brought about by the EU-Viet Nam Free Trade Agreement will promote Viet Nam-France partnership in such fields as transport, energy transformation, aviation, agriculture, food industry and sustainable development, while further facilitate market access for their enterprises.

The two sides exchanged notes on bilateral programmes and projects funded by French ODA, particularly the urban railway No.3 in Ha Noi, which is considered a symbol of Viet Nam-France ties and expected to be put into operation at the end of this year.

They also discussed in details possibilities for cooperation in agriculture and transport, the Long Thanh airport project and a scheme on forming an international farm produce wholesale market.

The Vietnamese side took the occasion to inform the French side on Viet Nam’s socio-economic development in 2021 and the five-year plan for 2021-2025.

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(Source: VNA)