Vietnam pledges optimal conditions for French Business Confederation's members
VOV.VN - Party General Secretary and State President To Lam has affirmed Vietnam’s willingness to offer favourable conditions for member companies of the MEDEF (the French Business Confederation) as well as foreign investors to do business effectively in the nation.
The top Vietnamese leader had a meeting with Geoffroy Roux De Bezieux, Honorary President of the MEDEF, who is also President of the Alliance of Francophone Employers (APF), and Founder and Chairman of Notus Technologies, in Paris on October 4, as part of his trip for attendance at the 19th Francophonie Summit and an official visit to France from October 3- to October 7.
At the meeting, the Party and State leader highlighted the long-standing history of exchanges and the increasingly expanding cooperation between the two countries across numerous fields such as politics, economy, culture, and defence, while emphasizing that economic cooperation is always one of the important pillars in the bilateral ties.
Lam asked the MEDEF to continue supporting and acting as a channel for business and investment connections between both nations’ business communities in the coming time, saying that the EU-Vietnam Free Trade Agreement (EVFTA) will create a favourable legal framework for investment and business activities between the two sides.
Vietnam aims to attract selective investment, prioritizing quality, efficiency, technology, and environmental protection as the main evaluation criteria, he went on to say.
The Southeast Asian nation gives priority to projects in such sectors as high technology, innovation, and research and development; and those that foster collaboration and offer the best possible conditions for Vietnamese businesses to engage in the value chain, promote the digital economy, and make positive contributions to the sustainable socio-economic development of Vietnam, he said.
The Vietnamese leader suggested the MEDEF and the APF enhance investment connection and business cooperation in potential areas where enterprises of both sides have strengths, such as renewable energy, wastewater treatment and waste recycling, infrastructure development and logistics, technology and innovation, digital transformation, and health care and pharmaceuticals.
Geoffroy Roux De Bezieux and representatives of MEDEF member businesses noted their appreciation for Vietnam's interest in the Francophone community and introduced the strengths of their companies as well as their desire to cooperate with the country.
They hailed Vietnam's efforts in maintaining its economic growth despite the impacts of the COVID-19 pandemic, affirming their readiness to support, share experience and cooperate with Vietnamese businesses in the time ahead.
They proposed cooperation with Vietnam in a multitude of areas, including infrastructure development, transportation, renewable energy, and support for connecting power grids between countries, especially in designing mechanisms for cooperation among nations in electricity coordination.
They assured the MEDEF’s readiness to collaborate with Vietnam to develop the highly competitive agricultural processing and food sectors.
