VGP – Chairman of the Ha Noi municipal People’s Committee Nguyen Duc Chung recently met with representatives from a French delegation to discuss potential cooperation between the two sides.
|Chairman Chung delivers a speech with French investors|
The meeting was part of the official visit by French Prime Minister Édouard Philippe to Viet Nam from November 2 – 4.
Chairman Chung expressed his aspiration that French investors would invest and convert Ha Noi into a smart city; develop modern technology in sewage treatment; install smart apps in social management.
Mr. Chung revealed that Ha Noi is a fast-growing city and ideal destination for investment, adding the capital city posted an annual economic growth of over 8% and currently leads Viet Nam in Foreign Direct Investment (FDI) inflow, accounting for 22% of the country’s total FDI.
As of October this year, France had operated 102 FDI projects with a total registered capital of US$ 273.6 million in Ha Noi, mostly in manufacturing, construction services, trade, real estate, finance and banking.
France has also provided the city with €515.39 million (US$ 586.96 million) in funding for three other projects.
Ha Noi has set up close ties with France’s Ile-de-France region and Toulouse city in the fields of culture, tourism, healthcare personnel training and most recently, urban metro rail system. The cooperation has strengthened mutual understanding and expanded trade relations between Ha Noi and French cities.
The official further said Ha Noi expects more French investment in transport infrastructure development, education, healthcare and culture; and hopes to cooperate with French businesses to develop the capital city towards a smart city by 2025, with a vision to 2030./.
By Kim Anh