HCM City pledges support for high-tech investment from France

VOV.VN - Ho Chi Minh City is committed to creating a transparent, investor-friendly environment and is open to a new wave of high-tech investment from France, one of its key economic partners, said Nguyen Van Dung, vice chairman of the municipal People’s Committee.

Speaking at the French Tech Summit Vietnam 2025 (FTSV) on May 27, which drew over 1,000 participants including business leaders, investors, policymakers, and technology experts, Dung underscored the city's strong interest in expanding cooperation with French enterprises in high-tech sectors.

As of April this year, France had 361 valid projects in the city with a combined registered capital of nearly US$330 million, ranking 17th among more than 120 foreign investors.

Looking ahead, the city is poised to focus on attracting investment in high-value industries such as artificial intelligence, biotechnology, fintech, green technology, digital transformation, and smart cities. Dung also affirmed the city’s readiness to support large-scale technology initiatives and its ambition to become a regional hub for innovation and high-tech industry.

Echoing this commitment, French Consul General Emmanuelle Pavillon-Grosser pointed to strong potential for deeper business ties. She highlighted Vietnam’s booming tech sector, supported by a young, skilled workforce and a dynamic business environment.

France, she added, ranks 12th globally in innovation and has a well-developed startup ecosystem. The country is eager to share expertise, beef up cooperation, and welcome Vietnamese entrepreneurs into its innovation networks, particularly in areas such as semiconductors.

To reinforce this vision, Vice Chairman Dung said the city will continue investing in infrastructure and talent development, while improving policies to enhance the investment climate. He also emphasized support for public-private partnerships in research and the application of new technologies.

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