French daily hails Vietnam’s economic development
The French daily “The Echo” in its September 20 issue carried out an article entitled “Awakening Vietnam Dragon”, praising the spectacular economic development of Vietnam in past years.
The paper said that Vietnam has become one the most attractive destinations for international investors, particularly those from Japan, the US and the European Union (EU).
The paper described what is currently happening in Vietnam as resembling the legendary story about Ha Long Bay, one of Vietnam’s landscapes listed by the UN Educational, Scientific and Cultural Organisation (UNESCO) as a World Heritage.
Vietnam has not only recorded great achievements during its renewal (Doi Moi) process but also maintained national stability. Vietnam, over the past 10 years, has attained an annual average economic growth rate of more than 7%, reaching 8.4% in 2005. Vietnam has now about 20,000 small- and medium-sized enterprises compared to only a few thousand in 2000. In 2005, total foreign investment in Vietnam reached nearly US $5 billion, the paper said.
Vietnam is proactively preparing to host the APEC Economic Leaders’ Meeting in Hanoi in mid-November. The country is also on the verge of joining the World Trade Organisation (WTO), the Echo added.
The paper attributed Vietnam’s great success to its political stability, the sound policies of the Party, State and Government of Vietnam as well as patriotism of the Vietnamese people.
Vietnam News Agency - September 21, 2006.
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