It is the second biggest European investor in Vietnam with capitalisation of US$3.1 billion.
It is also the leading European aid donor for Vietnam, actively contributing to the country’s socio-economic development and poverty reduction.
Phan Long, Vice Chairman of the HCM City Union of Friendship Organisations (HUFO) unveiled these impressive statistics at a meeting on July 10 to mark French National Day (July 14).
Long emphasised that in recent years, bilateral friendship and multifaceted cooperative relations between Vietnam and France have developed strongly under a motto of “ Traditional friendship, long-lasting and comprehensive cooperation in the 21st century”. The close relations have helped the two countries develop and obtain important results.
In HCM City, French businesses are operating a number of economic, trade and infrastructure projects and non-governmental organisations have taken part in many projects related to the environment, education, training, health care and HIV/AIDS prevention.
French Consul-General Fabrice Mauries spoke highly of the fine Vietnam-France relationship. A wide range of activities has been held in the France-Vietnam Year in 2013, especially in HCM City. The French International School has attracted a large number of students, including Vietnamese.