French Businesses Build Earth Observation Station in Vietnam

   French companies will exploit highway and building earth observation station in Vietnam. Moreover, many important cooperation agreements in the economic field have been signed this morning with the witness of heads of two countries.

On the sidelines of the talk between President Tran Dai Quang and President of France - Francois Hollande on September 6^th 2016, representatives of FPT Joint Stock Company and Telespazio France (France’s leading company in the field of satellite system management and exploiting) have signed cooperation agreements with many important commitments.

Accordingly, the two sides will jointly collect and handle the data related to sea and land environmental monitoring, which are obtained from satellites and other facilities in order to create products and services on the platform of cloud computing. FPT and Telespazio France will also look towards the establishment of an EarthLab center in Vietnam, which is an Earth observation center from satellite. If established, this will be the 4^th EarthLab center of Telespazio France in the world after France, the Republic of Gabon and Luxembourg.

A memorandum on the concession of exploitation right of the two projects Cau Gie - Ninh Binh and Long Thanh - Dau Giay is also signed between Vietnam Expressway Corporation (VEC) and Vinci Concessions Corporation (France). In addition to the concession of exploitation right of the two above highways, the two partners will also exchange experiences, consider opportunities for technology transfer, management, operation and exploiting of the highway. At the same time, both parties will jointly research, develop and propose plan to invest in new highway projects in Vietnam in the future.

Also on September 6^th, 3 airlines of Vietnam that are Jetstar Pacific, Vietnam Airlines and Vietjet Air have also signed with Airbus – French aviation corporation the deals worth 6.5 billion USD for the purchase of aircraft.

Earlier, in Quang Ninh Province, Linagora Company (France) and Hanel DTT Company have signed cooperation memorandum on e-government development, training human resources on software at the localities. On the basis of technology platform and experience of Linagora, this company will cooperate with DTT Hanel to support Quang Ninh province evaluate e-government model, consulting on solutions to improve operational efficiency of this system; as well as help Quang Ninh to build e-mail system with more than 20,000 users and the international tourism and foreign affair portals.

Do not just stop at the building of e-government, the two parties also towards building an information-based urban based on open source platform of Vietnam and France.

The above activities took place within the framework of the visit of President Francois Hollande. He was the 3^rd President of France to visit Vietnam after the visit of President François Mitterrand in 1993 and President Jacques Chirac in 1997 and 2004.

Finding the right business partner in Vietnam is also important. We recommend doing research on the reputation of the company and individual shareholders, corporate or individual, gathering publicly available company information, and performing background checks on key personnel to find potential risks in cooperation. Working with a reliable partner can help achieve economic benefits, saving time and money in business.