NA Chairwoman receives France’s aerospace group leaders

During the reception, the Vietnamese top legislator said her visit aims to further promote the strategic partnership with France, including economic, trade and investment cooperation. 

While briefing the result of her working session with representatives from 15 French enterprises earlier the same day, NA Chairwoman Ngan said many French firms eye to invest in Vietnam, adding 200 French firms are investing in the Southeast Asian nation.

However, she said, two-way trade between Vietnam and France has not matched with their cooperation potential, reaching only 5 billion USD in 2018. 

Representatives from SAFRAN said it is the global leading aviation industry group in France and the world with 92,000 staff. The firm is operating in the two main fields: aviation and aerospace. 

In Vietnam, SAFRAN set up cooperative ties with partners in 1994 and officially opened its reprensentative in 1997. The group’s presence in Vietnam has been stronger since Vietjet Air was formed. 

SAFRAN is willing to expand economic and trade cooperation with Vietnam, said the group’s representatives. 

NA Chairwoman Ngan thanked SAFRAN for its presence in Vietnam over the last 22 years, and congratulated the group on its cooperation with strategic partners in Vietnam. 

She suggested leaders of the group consider building facilities for maintaining engines, producing spare parts and essential supplies for the aviation industry in Vietnam; transferring support industrial technology for Vietnam and helping develop human resources working in this industry, towards increasing the efficiency of cooperation. 

Vietnam pledges to create favourable legal environment for operations of foreign firms, including SAFRAN, in Vietnam, Ngan affirmed.