French firms updated with Vietnam’s economic reforms
Vietnam Embassy in France and the French Institute of International Relations (IFRI) have recently co-hosted a seminar on Vietnam’s economic reforms and the role of new strategic partners.
The event is designed to highlight Vietnam’s achievements in various fields during the international economic integration in recent years, introduce the underway reforms by the Vietnam Government to help take advantage of the country's economic advantages and opportunities in order to overcome challenges in regional and global connectivity.
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Speaking at the seminar, the Vietnam Embassy’s Trade Counsellor Nguyen Canh Cuong said the purpose of the workshop is to update information to help scholars, officials and French entrepreneurs raise awareness about recent economic reforms in Vietnam, and new regulations in the Investment Law, the Corporate Law, and especially the two important trade agreements Vietnam is actively engaging in negotiations- the Vietnam-EU Free Trade Agreement (EVFTA) and the Trans-Pacific Partnership (TPP) Agreement.
Prof. Dr. Nguyen Duc Khuong- a lecturer from IPAG Business School Paris reviewed the process of Vietnam’s international economic integration, introduced new policies being implemented by the Vietnam Government to cope with challenges and ensure sustainable growth.
Lawyer Oliver Massmann from Duane Morris Law Firm Vietnam LLC, in his report, gave a Vietnam’s overall economic picture with encouraging results in 2014.
He also expressed his optimism about positive changes in Vietnam, notably the ongoing reforms which, he believes, will make great strides in the future.
During the seminar, delegates raised questions concerning the underway reforms in such fields as industry, energy and banking and touched upon opportunities foreign firms, including French businesses can fully utilize to accelerate investment cooperation.
