Article by General Secretary and President To Lam in Influences magazine on the occasion of attending the 19th Francophone Summit
On the occasion of attending the 19th Francophone Summit in France from October 4-5, General Secretary and President To Lam wrote an article in Influences magazine. We respectfully introduce the full text of the article:
The idea of a Francophone economic space was born at the 7th Francophone Summit in Hanoi from November 14 to 16, 1997 – the first summit held in the Asia-Pacific region. Together with the adoption of the Francophone Charter, the conference marked an important transition of Francophone from the framework of cultural cooperation through the common language of French to comprehensive cooperation in both politics and economics.
The Francophone space, with a population of about 1.2 billion people, accounting for 16% of GDP and 20% of global trade, is a land of great potential for economic cooperation. As an active and responsible member of the Francophone community, Vietnam strongly supports and proactively participates in Francophone efforts to enhance economic cooperation, for the prosperity and sustainable development of its members.
In 2023, with a GDP of about 430 billion USD, Vietnam will become the 34th largest economy in the world. From a country with a food shortage, Vietnam has now become a leading exporter of rice and agricultural products in the world. Vietnam is also among the most open economies in the world, with a trade turnover of more than 735 billion USD, participating in 16 free trade agreements (FTAs) with most major partners in the world... However, trade between Vietnam and Francophone member countries is still quite modest, accounting for only about 5% of the total import-export turnover between Vietnam and the world. Investment from Francophone countries to Vietnam and from Vietnam to Francophone countries is not commensurate with the potential, while our economies can completely complement each other in the global supply chain.
Therefore, promoting the great potential for economic cooperation with countries in the Francophone community is one of Vietnam's top priorities in Francophone cooperation in the coming years.
With positive achievements in the agricultural sector, Vietnam is working with some Francophone African members to effectively implement South-South cooperation and tripartite cooperation. Cooperation in this field needs to be further promoted, especially with the participation of developed Francophone countries. Agricultural cooperation will contribute to hunger eradication, poverty reduction, ensuring food security, and effectively implementing sustainable development goals in the Francophone space.
Along with that, we need to further exploit the potential for cooperation in science, technology and innovation. France's organization of the FrancoTech Forum on the sidelines of the summit is a practical and useful initiative. Given the strong development of science and technology, the Francophone language needs to create opportunities for countries, businesses and research centers to share information and promote cooperation on new and pioneering technologies, including artificial intelligence and automation. We hope that Francophone members will support the improvement of the quality of human resources, especially in emerging technology industries.
To promote Francophone economic cooperation, the International Organization of the Francophone needs to further promote its role in promoting Francophone economic cooperation strategies, projects and programs. In addition, the Francophone Business Forum is a bridge to promote cooperation and business activities between Francophone enterprises, further enhancing trade and investment among Francophone members.
These tasks must be carried out in parallel with the continued promotion of the dissemination and teaching of French. French must become the language of business, creativity, knowledge, innovation and entrepreneurship. This is what guarantees the vitality and coherence of this wonderful language.
Vietnam wishes to promote Francophone economic cooperation as well as contribute to Francophone common efforts for peace, cooperation, solidarity and sustainable development in the Francophone space.
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