Vietnam introduces 57 investment projects to French investors
Vietnam has called the French businesses for investing in 57 projects in 28 cities and provinces across the country in various fields from health care, environment, agriculture and tourism to industrial park infrastructure, seaport and logistics during a workshop in the Mekong Delta city of Can Tho on September 15.
The event was held as part of the 10th conference on cooperation between Vietnamese and French localities being held in Can Tho City to introduce investment opportunities in 28 cities and provinces across Vietnam.
The French businesses were invited to invest in 57 projects worth over 7.1 billion USD in various fields of health care, environment, agriculture and tourism to industrial park infrastructure, seaport and logistics.
The workshop helps businesses popularise their preferential policies and key projects to attract Vietnamese and French investors.
According to the Vietnam Chamber of Commerce and Industry (VCCI)’s chapter in Can Tho, as of September 2016, France ran 469 projects worth 3.43 billion USD in Vietnam , ranking 16th among 116 countries and territories investing in Vietnam.
Specially, the Mekong Delta attracted 22 French projects with a total registered capital of nearly 115 million USD, of which Can Tho drew six projects worth 6.3 million USD.
The Mekong Delta is dubbed the largest agricultural hub nationwide, making up over 40 percent of the country’s output, the VCCI’s chapter in Can Tho said.
The delta owns advantages such as strong economic growth, ideal investment environment, perfect transport infrastructure and connectivity, abundant labour resources, and developing agriculture and seafood.
Addressing the seminar, Chairman of the French Chamber of Commerce and Industry in Vietnam Nicolas Du Pasquier said Vietnam's Mekong Delta is one of the regions to bear the most brunt of environmental changes, adding that French businesses could share experience to cope with the issue.
Health care is also strength of France, Pasquier said, noting that the European country has sold a lot of medical equipment and products to local hospitals.
In the field of agriculture, the French Agricultural Research for Development (CIRAD) has supported the Mekong Delta to find effective ways to raise catfish, thus helping Vietnam become one of the most successful catfish breeders, he said.
Nicolas Du Pasquier vowed to accompany Vietnamese business players and localities to enhance the bilateral trade, especially when the two countries are preparing to ratify the free trade agreement between Vietnam and the European Union.
The French businesses were invited to invest in 57 projects worth over 7.1 billion USD in various fields of health care, environment, agriculture and tourism to industrial park infrastructure, seaport and logistics.
The workshop helps businesses popularise their preferential policies and key projects to attract Vietnamese and French investors.
At the workshop.
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Specially, the Mekong Delta attracted 22 French projects with a total registered capital of nearly 115 million USD, of which Can Tho drew six projects worth 6.3 million USD.
The Mekong Delta is dubbed the largest agricultural hub nationwide, making up over 40 percent of the country’s output, the VCCI’s chapter in Can Tho said.
The delta owns advantages such as strong economic growth, ideal investment environment, perfect transport infrastructure and connectivity, abundant labour resources, and developing agriculture and seafood.
Addressing the seminar, Chairman of the French Chamber of Commerce and Industry in Vietnam Nicolas Du Pasquier said Vietnam's Mekong Delta is one of the regions to bear the most brunt of environmental changes, adding that French businesses could share experience to cope with the issue.
Health care is also strength of France, Pasquier said, noting that the European country has sold a lot of medical equipment and products to local hospitals.
Illustrative image
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Nicolas Du Pasquier vowed to accompany Vietnamese business players and localities to enhance the bilateral trade, especially when the two countries are preparing to ratify the free trade agreement between Vietnam and the European Union.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
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