Stronger Vietnam – France business connectivity encouraged for win-win outcomes

VOV.VN - Prime Minister Pham Minh Chinh emphasised the importance of boosting economic cooperation between Vietnam and France at a joint business forum in Paris on June 11, encouraging the two countries’ business communities to foster their connectivity for win-win outcomes.

Addressing French and Vietnamese officials and businesses at the event, Chinh highlighted the strong traditional ties between the two countries and called for deeper business partnerships built on mutual benefit and trust.

“There is no reason why Vietnam and France should not cooperate and grow together,” the Prime Minister stated, pointing to shared values, complementary strengths, and a long-standing history of diplomatic and cultural relations.

He shared that Vietnam aims to become a high-income developed economy by 2045, with a target growth rate of 8% in 2025, and double-digit growth in subsequent years. To achieve the goal, it is focusing on three strategic breakthroughs, namely institutional reform, development of modern and integrated infrastructure, and enhancement of workforce quality.

These priorities create opportunities for French businesses, especially in areas like energy, aviation, technology, education, health care, and sustainable development, he said.

The PM welcomed the commitment of French enterprises to technology transfer and local workforce training, and encouraged both sides to explore emerging areas of cooperation such as green energy, digital transformation, and cultural industries.

He also directed Vietnamese ministries and local authorities to swiftly resolve challenges faced by foreign investors and ensure favourable conditions for joint projects that deliver practical, long-term value.

At the forum, Francois Corbin, vice president of the Movement of the Enterprises of France (MEDEF) praised Vietnam’s successful reforms, its emphasis on developing a skilled scientific and technological workforce, the rise of the middle class, and increased consumer capacity. He noted that Vietnam has taken advantage of global supply chain shifts and hoped this growth would be paired with environmental protection.

Corbin highlighted the strength of Vietnamese businesses and the advanced technical expertise of French companies, stating that the two economies are highly complementary. He expressed confidence that this synergy could further solidify the Comprehensive Strategic Partnership between Vietnam and France.

He also affirmed the commitment of French enterprises to technology transfer and local workforce development, while acknowledging Vietnam’s aspiration for technological self-reliance.

Laurent Saint-Martin, French Minister Delegate for Foreign Trade, praised Prime Minister Pham Minh Chinh for his determination and strong commitment to boosting Vietnam - France relations. He recalled the outcomes of his recent visit to Vietnam and underscored the importance of deepening cooperation in light of evolving global dynamics.

Emphasising that political will lays the groundwork for robust trade and economic partnerships, Saint-Martin urged both countries to make greater efforts to reinforce these ties.

Taking the floor, Le Ngoc Son, general director of the Vietnam National Industry and Energy Group (PVN), pointed out strong cooperation potential between the two countries in oil and gas exploration, gas-fired power, petrochemical refining, new and renewable energy, and nuclear power.

He proposed establishing a Vietnam - France joint task force on energy transition and launching pilot projects on green zero emissions, carbon capture and storage (CCS), and offshore wind. He expected that businesses from both countries would organise thematic workshops on new technologies and renewable energy. He also proposed that France support high-quality human resource training for Vietnam’s energy sector, particularly for PVN, in emerging fields like offshore wind and nuclear power in which France excels.

The forum was jointly organised by Vietnam’s Ministry of Finance, the Vietnamese Embassy in France, and the Movement of the Enterprises of France, with participation from business leaders and government officials from both countries.

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