Vietnam, France Boost Cooperation in Science, Innovation

A delegation from the Communist Party of Vietnam (CPV) Central Committee’s Commission for Policy and Strategy paid a working visit to France from September 13-16. The visit focused on exchanging experiences in science and technology, innovation, startup ecosystems, and human resource development. This engagement aligns with a French historian's view that Vietnam-France relations are entering a period of 'acceleration of history,' signaling a deepening of bilateral cooperation. Discussions particularly emphasized advancing collaboration in the science and technology sector. Vietnam prioritizes the promotion of science and technology and innovation as foundational pillars for its economic growth. Partnerships with France, a country possessing advanced technologies and expertise, are expected to contribute significantly to Vietnam's industrial modernization. Furthermore, the sharing of experiences in developing startup ecosystems and nurturing future talent represents a crucial step towards building Vietnam's new economic growth model. The French side is observing Vietnam's dynamic economic growth and the emerging opportunities for industrial cooperation. Prospects for collaboration in the industrial sector are particularly strong, potentially accelerating the expansion of French manufacturing and advanced technology into the Vietnamese market. Moreover, both nations are strengthening their financial and investment cooperation, with expectations of increased French investment flowing into Vietnam's infrastructure development and key industries. Vietnam's one-party system has pursued economic growth by actively attracting foreign investment, and enhancing ties with France is a strategic component of this approach. While maintaining a complex relationship with China, Vietnam is diversifying its ties with Western countries to pursue its national interests by balancing geopolitical positions. The intensified cooperation with France is a significant move within this diplomatic strategy, aimed at accelerating economic growth and technological innovation.