PM Dung discusses investment opportunities with France
(VOV) - Prime Minister Nguyen Tan Dung on September 25 hold a dialogue with France’s major economic groups at the headquarters of the “Movement of the Enterprises of France” known as MEDEF International- the largest union of employers in the country.
The meeting offered opportunities and prospects for businesses to enhance cooperation for common development.
In his speech, PM Dung highlighted the strong growth of Vietnam-France trade which hit US$3.5 billion in 2012, up 2.7 times from the past decade.
French investment in Vietnam is showing a promising upturn and reached more than US$3 billion in late 2012, taking the top spot among EU investors.
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| Photo: (VGP) |
Vietnam is keen to promote investment cooperation with France in the areas of mutual strength, Dung said, while expressing his belief that French investors and enterprises will find out a wealth of business opportunities in the Vietnamese market and become an important part of Vietnam’s development process.
He said he hopes that Vietnamese products, through the French market, will become widely known and recognized by EU and global consumers.
In response to the GDF Suez Group’ inquiry on Vietnam’s energy development strategy, the country’s traditional energies such as hydroelectric power, coal and gas are running low while the demand for energy is continuing to run high.
To ensure national energy security, the Vietnamese Government has adopted incentive policies and mechanisms for providing sufficient energy for socio-economic development.
The country’s priority is given to diversifying energy supply by developing new energy resources such as renewable energy, bio-energy and nuclear power energy.
Regarding SEB Group’ question about the Vietnamese Government’s plan to develop major retail networks in the time to come, PM Dung said Vietnam has devised a plan to develop retailers at supermarkets and trade centres across from the country until 2020 with a vision for 2030.
In a question raised by Systra Group, the Vietnamese Government leader affirmed the Vietnamese Government is willing to create conditions for Systra investors and consultants to become involved in transport projects, using ODA funding and preferential credits from international organizations, like the World Bank (WB), the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA).
At the talks, Minister of Industry and Trade Vu Huy Hoang, Minister of Planning and Investment Bui Quang Vinh and State Bank of Vietnam (SBV) Governor Nguyen Van Binh also answered questions about issues that concern leading French groups.