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PM Dung’s France visit marked with huge business deals
16:52', 3/10/ 2007 (GMT+7)

Businesses, that accompany Prime Minister Nguyen Tan Dung on his visit to France, have pulled in 10 economic deals worth almost US $6 billion.

The deals included a pact between the Vietnam Garment and Textile Corporation (Vinatex), the Tin Nghia company and the BNP Parisbas to issue Vinatex bonds worth US $500 million.

Another US $500 million contract was signed between the Bank of Agriculture and Rural Development and several French companies to aid Vietnamese farmers export coffee.

The Alstom company signed a deal to supply equipment valued at EUR 180 million (US $250 million) for the Son La Hydro-electricity project, the biggest of its kind so far in Vietnam.

The signing of the contracts took place on the sidelines of a business forum held in France on October 2, that drew over 500 business executives from Vietnam and France.

At the forum, PM Dung reiterated that French businesses would find Vietnam a favourable destination for their investment as there is a large French-speaking community in the country.

Earlier, on October 1, a gala night was held by the Vietnamese Embassy and the Vietnam Chamber of Commerce and Industry to mark the Prime Minister’s visit.

Addressing a 500-strong audience, PM Dung highlighted the historic and cultural relationship between Vietnam and France, that has so far developed to comprehensive, trusted and long-term co-operation.

In reply, Minister of Economics and Finance Christian Lagarde affirmed the French Government’s policy to gear bilateral relations to a strategic dimension in the new development stage.

In the first three days of PM Dung’s visit that began on September 30, three Vietnamese films have won grand prizes at the recent national film festival were screened at the fully-packed La Pagode cinema.

  • Source: ND
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CÁC TIN KHÁC >>
Prime Minister meets UN Secretary General  (28/09/2007)
PM Nguyen Tan Dung attends the annual 62nd session of the UN Security Council   (24/09/2007)
Power distributors equitisation ceases  (19/09/2007)
Vietnam tourism to be advertised on CNN from October  (17/09/2007)
Nearly 22 million pupils begin the new school-year  (05/09/2007)
State President gives decisions to 22 newly-appointed Vietnamese Ambassadors  (04/09/2007)
Visa exemption for overseas Vietnamese to go ahead  (19/08/2007)
Retail petrol prices down VND 500 a litre  (30/08/2007)
HoSTC becomes independent entity  (09/08/2007)
Meeting marks 40th anniversary of ASEAN  (08/08/2007)
The Government of the 12 th tenure convened their first meeting  (06/08/2007)
12th National Assembly's first session closes  (05/08/2007)
NA approves 12th Government line-up  (02/08/2007)
Nguyen Tan Dung re-elected Prime Minister  (25/07/2007)
Nguyen Minh Triet re-elected State President  (24/07/2007)
 
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