Vietnam’s export earnings climbed above US$2 billion while the value of French imports was over US$1 billion.

Vietnam’s trade office in France acknowledged approximately US$600 million worth of Vietnamese goods entered the French market through brokering countries., The future of French-Vietnamese trade ties looks bright, especially as almost all imported Vietnamese goods are essential items and have concurrently improved in quality as import quantity increased.

According to the Ministry of Industry and Trade (MoIT),  the Vietnam-EU Free Trade Agreement negotiations are in progress, hopefully opening up new opportunities for trade and investment ties between Vietnam, the EU in general, and France in particular.

Recently, in Neuilly sur Seine, Vietnam’s French trade office coordinated with VCL France Business Club on a seminar discussing Vietnam’s foreign trade strategy until 2020 and opportunities for French businesses.

It also briefed participants on chances for bilateral entrepreneur collaboration in sectors like fashion, leather footwear, timber products, and food processing.

VOV