Vietnam, France Sign Deals Worth More Than $10 Billion

The prime ministers of France and Vietnam have witnessed the signing of two business deals worth over $10 billion and dozens of other cooperation agreements covering energy, education, health, technology and the environment.

The agreements overseen by Edouard Philippe and Nguyen Xuan Phuc come as the two countries seek ways to further boost trade and investment cooperation.

They include the purchase by Vietjet Air, Vietnam’s leading private airline, of 50 Airbus A321neo planes worth $6.5 billion and CFM Leap engines worth $5.3 billion.

Earlier Friday, Philippe met with President Nguyen Phu Trong and National Assembly Chairwoman Nguyen Thi Kim Ngan.

On Saturday, he is to visit the former battlefield of Dien Bien Phu, where the French army was defeated in 1954.