Hanoi, Vietnam – May 27, 2025
French President Emmanuel Macron’s official visit to Hanoi has culminated in the signing of 14 major agreements between Vietnam and France, collectively valued at approximately $10 billion. These agreements span defense, aviation, energy, and technology sectors, underscoring the deepening bilateral ties between the two nations.(Reuters, Financial Times)
Key Agreements and Strategic Initiatives
- Aviation and Aerospace: Vietnam’s low-cost carrier, VietJet, has finalized a deal to purchase 20 Airbus A330neo aircraft, reinforcing Airbus’s dominant presence in Vietnam’s aviation market. Additionally, a satellite collaboration between Airbus Defence and Space and Vietnam has been established, aiming to enhance space capabilities.(Reuters)
- Defense and Cybersecurity: The nations have agreed to bolster defense cooperation, focusing on cybersecurity and counterterrorism efforts. France has committed to supporting Vietnam’s maritime rights in the South China Sea, aligning with international law.(Reuters)
- Energy and Environment: France will assist Vietnam in transitioning from coal to cleaner energy sources, including nuclear and renewable energy. This partnership also encompasses climate change mitigation and environmental protection initiatives.(AP News, VnExpress International)
- Technology and Innovation: Collaborations have been initiated in areas such as artificial intelligence, digital economy, and smart city development. Both countries aim to foster innovation through joint research and policy exchanges.(ASEAN Centre for Energy)
Diplomatic Milestone
President Macron’s visit marks the first by a French head of state to Vietnam in nearly a decade. During this trip, Vietnam elevated its relationship with France to a “comprehensive strategic partnership,” making France the first European Union country to achieve this status with Vietnam. This upgrade reflects the growing importance of Vietnam in global supply chains and its strategic role in the Indo-Pacific region. (Reuters, vietnamnews.vn, The Straits Times)
Broader Implications
This series of agreements highlights France’s commitment to enhancing its presence in Southeast Asia, positioning itself as a reliable partner amidst the shifting dynamics of U.S.-China relations. The partnerships established during this visit are expected to pave the way for increased economic collaboration and geopolitical alignment between Vietnam and France in the coming years.(Financial Times)
