Vietnam, France to enhance industrial and trade relations

14:40 | 14/11/2023 Vietnam and EU Follow Ven.vn on

(VEN) - On the afternoon of November 13, Vietnamese Minister of Industry and Trade Nguyen Hong Dien had a meeting with the new French Ambassador to Vietnam Olivier Brochet.

Hanoi - On the afternoon of November 13, Vietnamese Minister of Industry and Trade Nguyen Hong Dien had a meeting with the new French Ambassador to Vietnam Olivier Brochet.

At the meeting, Minister Nguyen Hong Dien expressed his joy and welcomed Ambassador Olivier Brochet in his new position, especially at a meaningful time in the cooperative relationship between Vietnam and France. The two sides talked about different practical topics on bilateral cooperation in the short and long term.

Dien said 2023 is a special milestone in the bilateral relationship when the two countries celebrate the 50th anniversary of their diplomatic relations and 10 years of upgrading the strategic partnership. Vietnam and France have a long-standing traditional relationship. Both sides have the same desire to consolidate and strengthen the Vietnam-France strategic partnership in all fields, especially industry and trade.

Minister of Industry and Trade Nguyen Hong Dien at the October-13 meeting with French Ambassador to Vietnam Olivier Brochet - photo: Can Dung

Also during the meeting, the Vietnamese representative summarized the EU-Vietnam Free Trade Agreement’s (EVFTA) implementation and affirmed Vietnam always welcomes its positive impacts on economic and trade relations between Vietnam and EU countries.

He highly rated energy operations of a number of leading French corporations and companies in Vietnam, and affirmed that the Vietnamese Ministry of Industry and Trade (MoIT) is always willing to create favorable conditions for EU businesses in general and French companies in particular while expecting their best performance in and contribution to Vietnam.

French Ambassador to Vietnam Olivier Brochet said France will help Vietnam build legal standards and take further advantage of the EVFTA - photo: Can Dung

Ambassador Olivier Brochet emphasized that during his term of office in Vietnam, he will prioritize cooperation in combating climate change, maintaining biodiversity and moving towards sustainable development, help Vietnam build legal standards and take further advantage of the EVFTA, and further develop the bilateral economic relations.

The French representative pledged to generate efforts so that the best French products in the fields of aviation, pharmaceuticals, agriculture and food processing can reach Vietnam, as well as maintain and promote the values that both sides share, such as respect for international law and protection of sovereignty through common forums.

Vietnam, France to enhance industrial and trade relations

The October-13 meeting between Minister of Industry and Trade Nguyen Hong Dien and French Ambassador to Vietnam Olivier Brochet - photo: Can Dung

Minister of Industry and Trade Nguyen Hong Dien and French Ambassador to Vietnam Olivier Brochet take photos with meeting participants - photo: Can Dung

The Ambassador reiterated the French Senate’s invitation for Minister Nguyen Hong Dien to attend the France-ASEAN Forum as an honored guest in December. The forum is an important opportunity for Vietnam to promote cooperative relations with France, based on commitments made after the Vietnamese Prime Minister’s official visit to France in 2021, and it is also an opportunity to demonstrate Vietnam’s role in the ASEAN (Association of Southeast Asian Nations) region.

France has become the fourth largest EU trade partner of Vietnam. The Vietnamese-French trade value grew 15.7 percent per year from 2011 to 2019. Vietnamese exports to France vary, including leather and footwear, textiles and garments, household appliances, farm produce, forest products and seafood, and rattan and bamboo ware, among others. Vietnam imports from France high-value and high-tech goods, including pharmaceuticals, machinery and equipment, and means of transport.

Khanh An

See more news

Ireland wants to bolster cooperation with Vietnam: Ambassador

14:38 | 30/09/2024 Vietnam and EU

HANOI – Ireland wants to step up collaboration with Vietnam in the areas of education, agrifood and trade, Irish Ambassador to Vietnam Deirdre Ní Fhallúin told the Vietnam News Agency on the threshold of the State visit to the European nation by General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam.

PM welcomes Danish group's expansion in Việt Nam

08:50 | 24/09/2024 Vietnam and EU

Prime Minister Phạm Minh Chính hosted a reception in Hà Nội on Monday for Robert Maersk Uggla, Chairman of A.P. Moller Holding (APM Holding) and Chairman of Maersk - the shipping arm of APM Holding, a global business and investment group from Denmark renowned for its operations in logistics, renewable energy, finance, banking, and consumer products.

Vietnam, Italy look to boost relations to next level

09:06 | 12/09/2024 Vietnam and EU

The relationship between Vietnam - Italy has recorded strong and fruitful development across sectors with a "vibrant vitality" after more than 50 years of establishing diplomatic ties based on the solid foundation of a traditional, sincere and warm friendship, Vietnamese Ambassador to Italy Duong Hai Hung has stated.

Vietnamese firms urged to quickly adapt to EU Deforestation Regulation

12:02 | 03/09/2024 Vietnam and EU

As the EU Deforestation Regulation (EUDR) is about to officially take effect on December 31, 2024, Vietnamese enterprises have been advised to act quickly to comply with this rule to sustain exports to this major market.

Vietnam, Spain seek to enhance cooperation in cadre training

08:59 | 30/08/2024 Vietnam and EU

Politburo member, President of the Ho Chi Minh National Academy of Politics (HCMA) Nguyen Xuan Thang received new Spanish Ambassador to Vietnam Carmen Cano de Lasala in Hanoi on August 29.

EVFTA facilitates Vietnamese businesses’ participation in global supply chains

11:07 | 28/08/2024 Vietnam and EU

(VEN) - Beyond tariff elimination, the EU-Vietnam Free Trade Agreement (EVFTA) offers numerous benefits such as the liberalization of services and procurement, the reduction of non-tariff trade barriers, and the promotion of sustainable development.

Czech Republic considers Vietnam among top partners, markets: official

17:04 | 23/08/2024 Vietnam and EU

The Czech Government always places Vietnam among the European country’s most important partners and markets in Southeast Asia, Czech Minister of Industry and Trade Jozef Sikela has affirmed.

EU considers Vietnam among leading important partners in region: EC Vice President

13:05 | 31/07/2024 Vietnam and EU

The European Union (EU) regards Vietnam as one of its leading important partners in the region, Josep Borrell Fontelles, Vice President of the European Commission (EC) and High Representative of the European Union for Foreign Affairs and Security Policy, said at his talks with Minister of Foreign Affairs Bui Thanh Son in Hanoi on July 30.

EU, Việt Nam enhance ties through new strategies and initiatives

09:12 | 31/07/2024 Vietnam and EU

President Tô Lâm said Việt Nam is ready to act as a bridge for the EU in the region, including by strengthening ASEAN-EU strategic partnership relations.

Italy values strategic partnership with Vietnam

14:54 | 29/07/2024 Vietnam and EU

(VEN) - In 2024, for the first time, Vietnamese Minister of Industry and Trade was invited to the Expanded G7 Trade Ministers’ Meeting. On this occasion, Vietnamese Ambassador to Italy Duong Hai Hung talked with the Vietnam Economic News’ reporters about the significance of the industry and trade sector leader’s attendance at the meeting.

Latest Most Read

MoU signed to foster Vietnam-Canada cooperation in science, technology

17:04 | 25/11/2024 Science - Technology

In preparation for cooperation in training human resources in science and technology, a delegation of the Vietnam Higher Education Network of Entrepreneurship & Innovation (VNEI) has recently signed a Memorandum of Understanding (MoU) with the Colleges and Institutes Canada (CICAN) on the occasion of their participation in the Canadian Bureau for International Education Conference.

First Vietnamese scientist named at UK’s TechWomen 100 Awards

17:00 | 25/11/2024 Science - Technology

With outstanding achievements in biotechnology, Dr Nguyen Thuy Ba Linh from University College London (UCL) has become the first Vietnamese scientist to win the UK's TechWomen 100 Awards.

Vietnamese, Bulgarian Presidents hold talks in Hanoi

16:59 | 25/11/2024 News and Events

Hanoi – Vietnamese State President Luong Cuong and visiting Bulgarian President Rumen Radev held talks in Hanoi on November 25, at which they agreed on major orientations and specific measures to further foster cooperation and elevate relations between the two countries in the coming time.

Ninh Bình looks to capture Japanese tourism market

16:56 | 25/11/2024 Tourism

The northern province of Ninh Bình showcased its stunning natural landscapes and people to the Japanese market through a recent tourism promotion conference called “the splendour of the ancient capital” in Tokyo.

Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

16:52 | 25/11/2024 Tourism

The inaugural HCM City and Cửu Long (Mekong) Delta Tourism – Trade Week will take place in Cần Thơ City from November 29 to December 2.

Shinhan Life diversifies services for beneficiaries

09:55 | 22/11/2024 Companies

(VEN) - Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) is making continous efforts to develop new insurance products and improve insurance services to meet the diverse needs of customers. Bae Seung Jun, General Director of the company talked with Vietnam Economic News’ Dieu Quynh about this issue.

MoIT supports insurance companies in consumer right protection

10:07 | 22/11/2024 Society

(VEN) - Recently, apart from inspection, the Ministry of Industry and Trade (MoIT) has guided insurance companies to research, formulate and perfect policies to protect the legitimate rights of consumers. Vietnam Economic News’ Nga Duong had an interview with Nguyen Quynh Anh, Vice Chairwoman of the National Competition Commission (NCC) on this issue.

Cultural activities celebrate Việt Nam Heritage Day

10:06 | 22/11/2024 Culture

One hundred paintings from traditional folk painting villages in Việt Nam will go on display at the central city’s Fine Arts Museum in celebration of Heritage Day from November 22-30.

WTO accession: Positive milestone in Vietnam’s journey of int’l integration

10:28 | 22/11/2024 Cooperation

(VEN) - The achievements it has gained as a member of the World Trade Organization (WTO) reflect Vietnam’s efforts and determination to improve the business environment and integrate deeply into the global economy. Vietnam Economic News’ Khanh An spoke with Trinh Minh Anh, Chief of the Office of the Ministry of Industry and Trade’s Interagency Steering Committee for International Economic Integration, on this topic.

Vietinbank Insurance: Nearly two decades accompanying customers to their fulfilled lives

10:27 | 22/11/2024 Companies

(VEN) - For the past more than 15 years, VietinBank Insurance (VBI) has made continuous efforts to offer products and services that meet customers’ needs and expectations, creating a solid financial foundation to help customers feel secure in living their dreams and ambitions, and always be ready to move forward.

Multimedia

Video Longform Infographic Photo

Banning motorbikes - a complex issue

09:32 | 24/11/2024 Society

Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.

Strengthening Vietnam-Cambodia friendship and cooperation

09:00 | 22/11/2024 Infographic

Chairman of the National Assembly Tran Thanh Man leads a high-ranking delegation to make an official visit to Cambodia, and attend some international events hosted by the neighboring country on November 21 to 24.

Vietnam - Malaysia Strategic Partnership

10:54 | 21/11/2024 Infographic

Since the establishment of diplomatic relations, the relationship between Vietnam and Malaysia has been continuously strengthened and developed positively across all areas, especially since it was upgraded to a Strategic Partnership in August 2015.

Vietnam, Dominican Republic strengthening cooperation

08:45 | 20/11/2024 Infographic

At the invitation of Dominican President Luis Rodolfo Abinader Corona and his spouse, Prime Minister Pham Minh Chinh and his spouse, accompanied by a high-level Vietnamese delegation, pay an official visit to the Dominican Republic from November 19 to 21, 2024. This visit holds significant importance as it marks the first official trip by a Vietnamese leader to the Dominican Republic, taking place ahead of the 20th anniversary of diplomatic ties between the two nations (July 7, 2005 – July 7, 2025).

Vietnam - Brazil strategic partnership

10:26 | 19/11/2024 Infographic

During his trip to Brazil from November 16-19 for the G20 Summit and bilateral engagements, Prime Minister Pham Minh Chinh held talks with Brazilian President Luiz Inácio Lula da Silva. The two leaders agreed to elevate the Vietnam-Brazil bilateral relations to a Strategic Partnership and issue a joint statement on the upgrade of the ties.

Policy

Party Central Committee concludes 13th Conference with major resolutions for reform and national development

16:37 | 25/11/2024 Policy

Speaking at the meeting, General Secretary Tô Lâm summarised the key outcomes of the conference and highlighted the work required going ahead. He noted that the Central Committee had achieved a high level of consensus on its determination to review and streamline the organisational structure of the political system.

New decree on using telecommunications accounts for payment proposed

09:29 | 22/11/2024 Policy

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.

Parliament approves amendments to pharmacy law

08:54 | 22/11/2024 Policy

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.

VAT tax reduction should continue until mid-2025: Ministry

17:15 | 21/11/2024 Policy

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.

Industry & Trade

Huge potential for VN, UK to boost cooperation in clean energy

15:29 | 25/11/2024 Energy

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.

Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

20:42 | 22/11/2024 Industry

(VEN) - In recent years, the demand for transportation vehicles in Vietnam has surged rapidly, making the market highly promising, as assessed by experts.

VN's food processing industry struggles to improve quality and value chain integration

11:36 | 22/11/2024 Industry

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.

Tra fish sector aiming for production, processing greening for sustainable development

15:38 | 20/11/2024 Industry

HCM City - Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.

Investment

Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam

15:54 | 25/11/2024 Investment

Japan’s Aeon Mall Vietnam will start construction of a VND5.14 trillion ($202.2 million) shopping center project in the northern province of Quang Ninh, home to UNESCO natural heritage site Ha Long Bay, on December 2, according to provincial authorities.

Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

16:58 | 22/11/2024 Investment

Thantawan Industry Public Company Limited, a leading plastic bag and straw manufacturer with more than 40 years of experience in Thailand, officially took out a landmark 30-year lease for a ready-built factory at Phuoc Dong Industrial Park, the southern province of Tay Ninh.

Workshop seeks ways to attract Japan’s green investment to Vietnam

09:43 | 20/11/2024 Investment

A workshop was held in Tokyo on November 18 to introduce to Japanese businesses investment trends in Vietnam and its pioneering industrial parks with carbon neutral initiatives.

Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

16:57 | 18/11/2024 Investment

On November 16, the leader of the Quang Binh Provincial Economic Zone Management Board said that the Government had just approved the investment policy for Cam Lien Industrial Park.

Finance-Banking

Promoting credit for key agricultural sectors in Mekong Delta

11:11 | 25/11/2024 Finance-Banking

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.

HDBank wins three awards at Vietnam Listed Company Awards 2024

10:53 | 21/11/2024 Finance-Banking

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has received three prestigious awards at the Vietnam Listed Company Awards 2024, highlighting its leadership in the banking sector, as well as its dedication to transparency and governance.

VIB, Flywire partner to streamline cross-border payments for students from Vietnam

16:46 | 18/11/2024 Finance-Banking

Vietnam International Bank (VIB) has announced a partnership with Flywire, a global payments enablement and software company based in Boston, to enable Vietnamese payers to digitally pay international education-related fees in their local currency to higher education institutions all over the world.

Vietcombank issues 2 trillion VND worth of green bonds for first time

18:55 | 16/11/2024 Finance-Banking

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.

Environment

Businesses support Vietnam’s net zero target

16:18 | 25/11/2024 Environment

(VEN) - Vietnam has set a goal of achieving net-zero carbon emissions by 2050 to combat global climate change. To support the Government in achieving this target, many businesses have introduced various greenhouse gas reduction solutions.

Prolonged rainfall and landslides disrupt life in central region

15:43 | 25/11/2024 Environment

Provincial authorities are monitoring weather developments closely and evacuating residents from flood-prone and high-risk areas.

Tough negotiations to prevent Earth’s warming

10:38 | 24/11/2024 Environment

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku, Azerbaijan, has failed to find common ground on the major issue of climate finance in the final hours of negotiations. Irreconcilable differences between countries are hampering global efforts to prevent Earth’s warming.

MoT view on raising emission standards for scooters from 2027

19:46 | 23/11/2024 Environment

(VEN) - The Prime Minister Notice No.518/TB – VPCP released recently by the Government Office has demonstrated the political determination and responsibility of enterprises in implementing the Party’s policies and the State’s laws and policies on environmental protection.

Science - Technology

MoU signed to foster Vietnam-Canada cooperation in science, technology

17:04 | 25/11/2024 Science - Technology

First Vietnamese scientist named at UK’s TechWomen 100 Awards

17:00 | 25/11/2024 Science - Technology

With outstanding achievements in biotechnology, Dr Nguyen Thuy Ba Linh from University College London (UCL) has become the first Vietnamese scientist to win the UK's TechWomen 100 Awards.

Vietnam: A global magnet for scientific talent

16:58 | 24/11/2024 Science - Technology

Hanoi – Vietnam has rapidly established itself as a premier destination for scientific talent worldwide, driven by a robust policy framework aimed at nurturing talent and cultivating a skilled workforce for sustainable development.

Samsung launches technology talent development programm

09:36 | 24/11/2024 Science - Technology

Samsung Vietnam Complex on Friday officially launched the Samsung Innovation Campus (SIC) 2024–25, a Technology Talent Development Programme aimed at equipping Việt Nam’s youth - the future leaders of the Fourth Industrial Revolution - with advanced technological capabilities.

Society

Việt Nam must gear up for green mobility transition: experts

15:39 | 25/11/2024 Society

Việt Nam must develop charging infrastructure and ensure a stable electricity supply to prepare for the era of electric mobility transition.

iCare+ App launched on App Store to accompany diabetes patients

14:30 | 25/11/2024 Society

A first-ever specialized application for diabetes diseases in Vietnam, iCARE+ - is officially launched on the App Store, extending the opportunity to approach diabetes patients.

Vietnam leads ASEAN in number of students studying in US

14:18 | 25/11/2024 Society

Hanoi - Vietnam leads member countries of the Association of Southeast Asian Nations (ASEAN) in the number of students studying in the US, with nearly 50% pursuing majors in the fields of science, technology, engineering, and mathematics (STEM), according to a report released this month by the Institute of International Education (IIE).

Hà Nội to change to green energy buses by 2035

09:49 | 25/11/2024 Society

It aims to have all of its buses in the capital to be electric or using green energy by 2035.

Vietnamese Brands

The essence of Chuon Ngo Mother-of-Pearl Inlay Village

16:42 | 25/11/2024 Vietnamese Brands

Despite the passage of time, local artisans have meticulously preserved and elevated this traditional craft. Their exquisite creations have gone beyond national borders, reaching the continents and the world.

Petrovietnam grows strongly thanks to volatility management

07:29 | 24/11/2024 Companies

(VEN) - In the context of market volatility with complicated developments from epidemics, economic crises, to geopolitical instability, the proactive management of volatility of the Vietnam National Oil and Gas Group (Petrovietnam) has helped the group not only steadily overcome numerous difficulties, but also take advantages of new opportunities to set many records in production and business activities and make great contributions to the country’s economic growth.

Doubling insurance product’s payout significantly benefits customers

16:22 | 22/11/2024 Vietnamese Brands

(VEN) - The Agriculture Bank Insurance Joint Stock Corporation (ABIC) has officially doubled the maximum payout for its Bao An insurance product to VND1 billion. This is a major breakthrough, enhancing financial protection for customers amid an increasingly volatile economy and rising demand for financial security.

PJICO: 30 years of development

11:19 | 22/11/2024 Vietnamese Brands

(VEN) - Throughout the past 30 years of establishment and development, Petrolimex Insurance Corporation (PJICO) has solidified its position in the non-life insurance sector and overcame numerous challenges.

Culture

Long An's 2nd Culture, Sports, Tourism Week to kick off in late November

16:49 | 25/11/2024 Culture

This week-long celebration will offer a wide range of activities, providing visitors with unique experiences of Long An’s culture, people, and natural beauty.

Exhibitions in Hà Nội downtown celebrate Heritage Day

13:55 | 23/11/2024 Culture

This year marks the 19th anniversary of the Việt Nam Cultural Heritage Day since its inception in 2005, aiming to promote the traditions and sense of responsibility among those working to protect and promote the value of Việt Nam's cultural heritage.

Vibrant cultural rendezvous in Hanoi

15:30 | 22/11/2024 Lifestyle

(VEN) - The 2024 International Food Festival will take place from December 7-8 in Hanoi, aiming to promote cultural and culinary exchange among nations.

Cultural activities celebrate Việt Nam Heritage Day

10:06 | 22/11/2024 Culture

One hundred paintings from traditional folk painting villages in Việt Nam will go on display at the central city’s Fine Arts Museum in celebration of Heritage Day from November 22-30.

Tourism

Ninh Bình looks to capture Japanese tourism market

16:56 | 25/11/2024 Tourism

Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

16:52 | 25/11/2024 Tourism

The inaugural HCM City and Cửu Long (Mekong) Delta Tourism – Trade Week will take place in Cần Thơ City from November 29 to December 2.

Hanoi promotes craft village tourism

15:30 | 25/11/2024 Tourism

(VEN) - Dubbed as the Land of Hundreds of Occupations, Hanoi is having great advantages to promote craft village tourism, bringing economic and social benefits.

Quang Nam to host UN international conference on rural tourism

09:46 | 24/11/2024 Tourism

The central coastal province of Quang Nam is scheduled to host the UN Tourism’s first Conference on Tourism for Rural Development on December 10, expected to bring together around 300 delegates, including government officials, international organisations, tourism stakeholders, and private sector representatives.

Vietnam, France to enhance industrial and trade relations

See also

See more news

Multimedia