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               Vietnam and                       
              France signed agreements on the Hanoi tramway system and Airbus                       
              aircrafts as French President Jacques Chirac began his visit to                       
              the country on the eve of the 5th Asia-Europe Meeting (ASEM 5).                       
              President Tran Duc                       
              Luong and his French counterpart Chirac witnessed the signing of                       
              eight of the 20 memorandums of understanding expected to be                       
              finalised between the two countries during President Chirac's                       
              two-day visit.                       
              They include French                       
              assistance of  US$200mil for the Hanoi tramway system, US$50mil for                       
              modernising the signal system on the Hanoi-Vinh City railway                       
              section, purchase of  10 Airbus aircrafts from France and other                       
              co-operative projects on education and training.                       
              President Chirac,                       
              on his second                       
              trip to Vietnam, was given a red-carpet welcome and a guard of                       
              honour at the Presidential Palace.                       
              He later met                       
              President Tran Duc Luong, who expressed his wish to expand  relations                      
              between Vietnam and France as a model of co-operation between an                      
              Asian and European country.                      
              President Luong                      
              said Vietnam would build ties with France in the new century and                      
              promote traditional ties of friendship, co-operation, stability                      
              and mutual trust.                      
              Pledging further                      
              support to Vietnam's doi moi (renewal) and process of                      
              international integration, President Chirac said Vietnam was                      
              always a top priority for France, especially in its foreign policy                      
              towards Asia.                      
              Besides increasing                      
              development aids to Vietnam in the coming years, France would                      
              create favourable conditions for French businesses and encourage                      
              them to invest in Vietnam, President Chirac promised.                      
              He re-affirmed                       
              French support to Vietnam's bids for membership                       
              in World Trade Organisation, non-permanent                       
              seat in the United Nations Security Council, as well as in                       
              its efforts to expand ties with the European                       
              Union.                       
              Backing a project                       
              to set up a Vietnamese cultural centre in Paris, President Chirac                       
              promised to help the country in conducting archaeological surveys.                       
              Praising the                       
              country's achievements in the ongoing doi moi process and                       
              its rising role in the international community, he asked President                       
              Luong to convey his personal regards to Hanoians preparing for                       
              ASEM5.                       
              In his reply                       
              President Luong said France was the most important European                       
              partner of the country in trade, investment,                       
              culture, health, education and tourism.                       
              President Chirac's                       
              second visit was evidence of dynamic relations and diversified                       
              bonds shared between the countries. President Luong said.                       
              The two presidents                       
              expressed their delight over bilateral co-operation in all                      
              fields,  especially politics, economy, culture, science and                       
              technology.                       
              The two also                       
              discussed regional and international issues of mutual concern, and                       
              agreed to improving co-ordination and co-operation among the                       
              French-speaking community.                       
              President Luong                       
              later hosted a banquet in honour of President Chirac and his wife.                       
              Tomorrow, President Chirac will attend the inaugural session of                       
              ASEM5.                       
              (Source: Viet                       
              Nam News)                       
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